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Infosys CEO Salil Parekh Salary – News

Salil Parekh Salary Hike: The country’s leading IT company Infosys has given a big increment to its Chief Executive Officer (CEO) Salil Parekh. His salary has increased by 43 percent in one year. The company has increased his annual salary from Rs 49.68 crore to Rs 71.02 crore. Infosys has given this information to the stock exchange. The company says that the company has performed brilliantly under the leadership of Salil Parekh. The company’s revenue increased from Rs 70,522 crore in FY2018 to Rs 1,21,641 crore in FY 2022.

Tenure has been extended by 5 years

Let us tell you that recently the company had announced to extend his tenure for another 5 years. Parekh has been re-appointed from July 1, 2022 to March 31, 2027. According to the company’s annual report released on Thursday, the company’s total shareholder return under the leadership of Salil Parekh has been 314 percent. This rival is the highest among IT companies. Under his leadership, the profit growth increased from Rs 16029 crore in FY 2018 to Rs 22110 crore in FY 2022.

TCS chief also left behind

Salil Parekh has also left behind Rajesh Gopinathan, the head of the country’s largest IT company TCS, in the salary hike. According to the data recently published in the company’s annual report, TCS Chief Executive Rajesh Gopinathan’s salary increased by about 26.6 percent to Rs 25.77 crore in FY 2022.

More than 30 years of experience in the IT industry

Salil Parekh has more than 30 years of experience in the IT industry. He took over as the Managing Director and CEO of Infosys in January 2018. Prior to this, he had worked in Capgemini for 25 years.

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