Top 10 highest paid CEO of India
He is the Chairman, M.D and CEO of HERO Motocorp who took a compensation of around INR 80.41 crores in the financial year of 2019. He joined Hero Honda Motors in the early 1980s as the director. Being the son of Brigman Lal Mangal, he soon became the M.D of this company in 2001. Since then he has acted as the most important key behind this organization’s growth, success, transition and strategic planning revising it into a new shape from Hero Honda to Hero Motocorp in 2011. He also heads many committees of CCI and is also a part of the board of IIM.
S N Subrahmanyan
Sekharipuram Narayanan Subrahmanyan is the CEO and M.D of Larsen & Toubro and had a pay package of INR 48.45 crore for the financial year 2019. With an MBA from Symbiosis and a bachelor degree in Civil Engineering, he has also been part of an Executive Management Programme from the London Business School. He joined the company in 1984 and after having worked for 33 long years, he was finally appointed the CEO in 2017.
He is the CEO of Tech Mahindra which is a famous multinational technological Indian company providing BPO and IT services. For the financial year 2018, he took home compensation of INR 146.19 crore that makes him the highest-paid CEO in India to date. Gurnani had a career in chemical engineering of about 32 years during which he was in a leading position in HCL, Hewlett Packard Ltd., HCL Corporation Ltd and Perot Systems Ltd.
Natarajan Chandrasekaran is the chairman of Tata Sons and in 2019 he became the CEO of Tata Consultancy Services (TCS). He was able to take home a salary of INR 65.52 crores in the financial year 2019. Before being the CEO of TCS, he was appointed as the COO of TCS and was also the chairman of Tata Motors and Tata Global Beverages. Not only he was Tata’s youngest entrepreneur but also the first non-Parsi CEO to take official charge in 2019.
Since 2005, Bajaj has been the renowned managing director of Bajaj Auto. He joined his family business after having to be a successful engineer and completing his studies. In 2019, he secured a remuneration of around INR 32.31 crores. He is credited with reviving the ailing business of his family and is the primary pillar behind the introduction of the Pulsar range of motorcycles into the Indian market.
Srinivasan is the chairman of the TVS group who is believed to have taken home a package of INR 23.77 crores for the financial year 2019. He started his career as a mere mechanical engineer in his home garage during vacations. Little did he know that he had a long way to go and make his career this successful than he had started his journey. After completing his engineering degree, he completed his MBA from Purdue University, USA.
He is the founder and chairperson of Bharti Enterprises. Being the son of MP Sat Paul Mittal, he founded his first company with an investment of INR 20,000 when he was just 18. In 2019, he had a pay package of INR 31 crores. Today, his enterprise diversifies in several fields like education, insurance, telecom, malls, real estates, hospitality, agriculture and food among other ventures.
He is the CEO of India’s second-largest IT Company, Infosys. He took home compensation of INR 34.27 crore for the fiscal year 2019-20. He also worked for the E&Y and was on the board for Cap Gemini. It was in 2015 that he was appointed as the CEO of Infosys burdening him with the responsibility of drafting a business cluster consisting of Cloud Infrastructure & Application Services among others.
Kalanithi Maran and Kavery Kalanithi
Known to the Indians as the “King-of-South-India-TV”, Maran is the President and CEO of Sun Group, Syriac and Red FM, Sun Pictures and Sun Cable Vision. The group is headed by him and his wife Kavery who is the executive director of the company. Individually they took a compensation of INR 87.50 crore making Maran the second-highest-paid Indian CEO and his wife to be the highest-paid women executive in India.
The MD and CEO of Tata Motors, Betschek is known worldwide who holds the position to date. For the year 2019, he earned a package of INR 26.29 crores. He worked with the German Daimler AG for 25 years and served as the COO of Airbus before being the CEO of Tata Motors.