Infosys CEO Salil Parekh
BENGALURU: Infosys CEO Salil Parekh’s compensation rose 27% to $6.1 million in 2019-20, compared to $4.8 million in the year before, according to the company’s filing with the US Securities and Exchange Commission (SEC). The compensation includes salary, bonus/incentives, value of RSUs granted and long-term benefits.
Infosys chairman Nandan Nilekani voluntarily chose not to receive any remuneration for his services. COO UB Pravin Rao’s compensation rose 29% to $2.2 million, while the two presidents, Ravi Kumar and Mohit Joshi, saw their remuneration rise to $3 million and $3.2 million, jumps of