Infosys CEO Salil Parekh gets massive salary hike
New Delhi : IT company Infosys has announced a massive salary hike for its CEO Salil Parekh for his unmatched leadership that helped company grow by many folds.
Mr Salil Parekh's salary has been increased by 43 per cent from Rs 49 crores to Rs 71.02 crores per annum. The hike in his salary has been announced after his term was increased by another five years.
The company released its annual report on Thursday, announcing the new tenure for Mr Salil Parekh and the salary hike. His new tenure will be from July 1, 2022 to March 31, 2027.
Salil Parekh has an incredible experience of about 30 years in IT industry; he joined hands with Infosys in 2018, before this he was a part of Capgemini for about 25 years.
CEOs of Infosys till date
Narayana Murthy: From 1981 to 2002
Nandan Nilekani: From 2002 to 2007
Kris Gopalakrishnan: From 2007 to 2011
S. D. Shibulal: From 2011 to 2014
Vishal Sikka: From 2014 to 2017
U. B. Pravin Rao: From 2017 to 2018
Salil Parekh: From 2018 till present