This makes him the highest paid executive in India’s IT sector.
Delaporte’s annual salary was Rs 64.3 crore ($8.7 million) in the financial year 2020-21. The compensation was for nine months as he joined the company only in July 2020.
The Bengaluru-based company’s chief executive took home $1.74 million (Rs 13.2 crore) in salary and allowances and $2.55 million (Rs 19.3 crore) in commissions and variable pay, while $4.2 million (Rs 31.8 crore) was in terms of other benefits. Long-term compensation or deferred benefits formed the rest.
The compensation package includes components such as a one-time cash award, as per the terms approved by shareholders at its annual general meeting in July 2020.
chief executive Salil Parekh’s total compensation jumped 43% to Rs 71 crore in FY22.
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CEO Rajesh Gopinathan’s pay package was Rs 25.77 crore in FY22, up 27% on year, according to its annual report published last month.
chairman Rishad Premji took home $1.82 million compared to $1.62 million last year.
The compensation in rupee terms jumped to Rs 13.8 crore from Rs 11.8 crore last year.
He was not granted stock options in fiscal year 2022.
