Who Is Highest Paid CEO In India?

It is interesting to note that a significant percentage of the highest paid CEOs in India are from the IT industry

The role of a CEO (Chief Executive Officer) is quite challenging, as these professionals take full responsibility for a company’s success and failures. However, CEOs command massive pay packages and perks, something that is hard to ignore. For someone aspiring to become a CEO, the huge compensation package can be a major motivation. To get an idea, let us take a look at some of the highest paid CEOs in India.

CP Gurnani – While at Tech Mahindra, CP Gurnani commanded an annual pay package of around Rs 30 crore. This was for the year 2023, when Gurnani was the CEO and Managing Director at Tech Mahindra. As of now, Gurnani has launched his own entrepreneurial venture named AIonOS.

Nitin Rakesh – Working as the CEO at Mphasis, Nitin Rakesh pay package totaled around Rs 35 crore in FY2023. This is a significant future, as it equals to around 2.50% of the company’s net profit. Nitin has played a key role in building the company’s success story in the IT services domain. His vision and strategic decision-making skills have aided the company’s growth and transformation.

Sandeep Kalra – Working as the CEO at Persistent Systems, Sandeep Kalra took home a total of Rs 61.7 crore as overall compensation in FY2023. Sandeep has over three decades of progressive experience in the IT service industry. During his tenure at Persistent Systems, Sandeep helped achieve the significant milestone of $1 billion in annual revenue. He also helped establish Persistent Systems as a strong global brand.

Nithin Kamath – Managing two companies, Zerodha and Rainmatter, Nithin Kamath commanded an overall package of around Rs 72 crore in FY2023. Zerodha is one of India’s largest stock broking apps, popular for its affordable brokerage services. It was Nithin Kamath who had come up with this brilliant idea, which has now revolutionized how people trade and invest in India.

Thierry Delaporte – While working as the CEO and Managing Director at Wipro Limited, Thierry Delaporte earned around Rs 82.4 crore in FY2023. He took charge at Wipro in 2020 and relentlessly worked to improve the company’s revenue and profitability. Delaporte’s focus on innovation and excellence helped the company to achieve several new milestones. Delaporte is currently working as a Board Member with Saint-Gobain.

Ravi Kumar Singisetti – Working as the CEO at Cognizant, Ravi Kumar Singisetti earned a whopping Rs 186 crore in FY2023. He had joined Cognizant as a CEO in January 2023. Since then, he has invested heavily in a client-first culture. The efforts have ensured sustainable growth for the company, which in turn has improved shareholder value.