Infosys CEO Salil Parekh Salary: Salil Parekh, the CEO of Infosys, has increased 88 percent to Rs 79.75 crore a year, making him one of the highest paid executives in India. And his salary is among India’s highest. So what is Salil Parekh’s salary at Infosys? Let’s take a look!
For FY22, Parekh took home a salary of Rs 71 crore, of which Rs 52 crore came from exercising RSUs or restricted stock units granted to him before. Infosys co-founder and chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services rendered to the company.
Salil Parekh biography
Salil Parekh, the CEO of Infosys, has an estimated net worth of $2.6 billion. He was born in Mumbai, India and earned a degree in engineering from the University of Bombay. After graduation, he worked as a software engineer for several years before starting his own company in 1984. Infosys has since become one of the world’s largest software consulting firms, with over 600,000 employees worldwide. In 2016, Parekh was named among the World’s Most Influential People by Forbes magazine.
Salil Parekh’s career with Infosys
Salil Parekh is the Managing Director and Chief Executive Officer (CEO) of Infosys, a global technology services company. Salil has been with Infosys for more than 25 years, during which time the company has grown from a small software development firm into one of India’s largest and most respected software companies. Salil has led Infosys through some difficult times – including the global financial crisis in 2008 – and the company is now on solid footing, with revenues growth in excess of 40% over the past three years. In this article we take a look at Salil Parekh’s career with Infosys, his successes and failures as CEO, and what he plans for the future.
In 2018, he was appointed CEO and has since steered Infosys through some difficult times.
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Salil Parekh’s current salary
Salil Parekh’s total compensation in 2022
Infosys CEO Salil Parekh’s compensation has increased 88 percent to Rs 79.75 crore a year, making him one of the highest paid executives in India, as the software services firm justified the fat hike citing industry-leading growth in recent years.
Salil Parekh’s net worth
His remuneration as Infosys CEO was reportedly around INR 79.75 Crores in 2022-23. His net worth is estimated to be more than 30 million USD, which in Indian currency is around Rs 220 Crores.
At Capgemini Salil was estimated to be drawing a remuneration of around 2.5 million USD. According to the grapevine, he may have rejected an offer of around 5 million USD from Mike Lawrie, the MD of DXC, in favor of the opportunity at Infosys.
