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Despite the slowdown in the economy, Indian CEOs compensation is still on a rise. Majority of the companies have seen directors’ and CEOs’ pay hike in financial year 2013 compared to a year earlier.
Mukesh Ambani is the only CEO who’s compensation has remained the same.
The CEO who has the highest compensation in the country, took home a total of Rs 56.25 crore. Want to know who it is? Read on to know the person.
Click NEXT to see the annual compensation of CEOs.
N Srinivasan
Rank: 30
Annual Compensation in FY2012- 13: Rs 13.37 crore
Annual Compensation in FY2011- 12: Rs 14.86 crore
N Srinivasan is the vice-chairman and managing director of India Cements.
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Y K Hamied
Rank: 29
Annual Compensation in FY2012- 13: Rs 13.55 crore
Annual Compensation in FY2011- 12: Rs 6.65 crore
Y K Hamied is the chairman (Non- Executive) of Cipla.
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M B Parekh
Rank: 28
Annual Compensation in FY2012- 13: Rs 13.62 crore
Annual Compensation in FY2011- 12: Rs 10.41 crore
M B Parekh was the chairman and managing director of Pidilite Industries.
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N V Ramana
Rank: 27
Annual Compensation in FY2012- 13: Rs 13.71 crore
Annual Compensation in FY2011- 12: Rs 11.89 crore
N V Ramana is the executive director of Divis Laboratories.
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Braja K Mishra
Rank: 26
Annual Compensation in FY2012- 13: Rs 13.80 crore
Annual Compensation in FY2011- 12: NA
Braja K Mishra is the managing director of Welspun Corp.
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Ramachandra N Galla
Rank: 25
Annual Compensation in FY2012- 13: Rs 14.09 crore
Annual Compensation in FY2011- 12: Rs 10.40 crore
Ramachandra N Galla is the chairman of Amara Raja Batteries.
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K Venkataramanan
Rank: 24
Annual Compensation in FY2012- 13: Rs 14.28 crore
Annual Compensation in FY2011- 12: Rs 1.59 crore
Navin Agarwal managing director and CEO of Larsen & Toubro.
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Navin Agarwal
Rank: 23
Annual Compensation in FY2012- 13: Rs 14.88 crore
Annual Compensation in FY2011- 12: Rs 12.51 crore
Navin Agarwal is the executive vice chairman of Sesa Sterlite.
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Mukesh Ambani
Rank: 22
Annual Compensation in FY2012- 13: Rs 15 crore
Annual Compensation in FY2011- 12: Rs 15 crore
Mukesh Ambani is the chairman and managing director of Reliance Industries.
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Rajiv Bajaj
Rank: 21
Annual Compensation in FY2012- 13: Rs 15.27 crore
Annual Compensation in FY2011- 12: Rs 10.17 crore
Rajiv Bajaj is the managing director of Bajaj Auto.
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Prathap C Reddy
Rank: 20
Annual Compensation in FY2012- 13: Rs 15.63 crore
Annual Compensation in FY2011- 12: Rs 17.16 crore
Prathap C Reddy is executive chairman of Apollo Hospitals Enterprises.
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Markand Bhatt
Rank: 19
Annual Compensation in FY2012- 13: Rs 15.67 crore
Annual Compensation in FY2011- 12: Rs 12.54 crore
Markand Bhatt is the Wholetime director at Torrent Power.
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Jignesh Shah
Rank: 18
Annual Compensation in FY2012- 13: Rs 18.03 crore
Annual Compensation in FY2011- 12: Rs 15.51 crore
Jignesh Shah is the chairman and managing director of Financial Technologies.
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H M Bangur
Rank: 17
Annual Compensation in FY2012- 13: Rs 18.34 crore
Annual Compensation in FY2011- 12: Rs 13.66 crore
H M Bangur is the managing director of Shree Cement.
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D Bhattacharya
Rank: 16
Annual Compensation in FY2012- 13: Rs 20.61 crore
Annual Compensation in FY2011- 12: Rs 19.50 crore
D Bhattacharya is the managing director of Hindalco.
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A M Naik
Rank: 15
Annual Compensation in FY2012- 13: Rs 21.06 crore
Annual Compensation in FY2011- 12: Rs 2.68 crore
A M Naik is the chairman and managing director of Larsen & Toubro.
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D B Gupta
Rank: 14
Annual Compensation in FY2012- 13: Rs 21.99 crore
Annual Compensation in FY2011- 12: Rs 15 crore
D B Gupta is the chairman of Lupin.
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Jayadev Galla
Rank: 13
Annual Compensation in FY2012- 13: Rs 23.48 crore
Annual Compensation in FY2011- 12: Rs 17.36 crore
Jayadev Galla is the Vice- chairman & managing director of Amara Raja Batteries.
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Onkar S Kanwar
Rank: 12
Annual Compensation in FY2012- 13: Rs 24.17 crore
Annual Compensation in FY2011- 12: Rs 13.96 crore
Onkar S Kanwar si the chairman and managing director Apollo Tyres.
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Sunil Bharti Mittal
Rank: 11
Annual Compensation in FY2012- 13: Rs 24.33 crore
Annual Compensation in FY2011- 12: Rs 21.29 crore
Sunil Bharti Mittal is the executive chairman of Bharti Airtel.
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Murali K Divi
Rank: 10
Annual Compensation in FY2012- 13: Rs 26.46 crore
Annual Compensation in FY2011- 12: Rs 23.15 crore
Murali K Divi is the chairman and managing director of Divis Laboratories.
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Sajjan Jindal
Rank: 9
Annual Compensation in FY2012- 13: Rs 27.50 crore
Annual Compensation in FY2011- 12: Rs 25.33 core
Sajjan Jindal is the chairman and managing director of JSW Steel.
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P R Ramasubrahmaneya Rajha
Rank: 8
Annual Compensation in FY2012- 13: Rs 30.96 crore
Annual Compensation in FY2011- 12: Rs 29.34 crore
P R Ramasubrahmaneya Rajha is the chairman and managing director of Madras Cement.
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Sunil Kant Munjal
Rank: 7
Annual Compensation in FY2012- 13: Rs 31.51 crore
Annual Compensation in FY2011- 12: Rs 21.14 crore
Sunil Kant Munjal is the Joint managing director of Hero Motocorp.
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Brijmohan Lall
Rank: 6
Annual Compensation in FY2012- 13: Rs 32.73 crore
Annual Compensation in FY2011- 12: Rs 34.44 crore
Brijmohan Lall is the Chairman of Hero Motocorp.
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Pawan Kant Munjal
Rank: 6
Annual Compensation in FY2012- 13: Rs 32.80 crore
Annual Compensation in FY2011- 12: Rs 34.47 crore
Pawan Kant Munjal is managing director and CEO of Hero Motocorp.
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Kumar Mangalam Birla*
Rank: 4
Annual Compensation in FY2012- 13: Rs 49.62 crore
Annual Compensation in FY2011- 12: Rs 47.11 crore
Kumar Mangalam Birla is the Chairman of Grasim Industries.
(*Include salary from Ultratech, Hindalco, Aditya Birla Nuvo)
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Naveen Jindal
Rank: 3
Annual Compensation in FY2012- 13: Rs 54.98 crore
Annual Compensation in FY2011- 12: Rs 73.42 crore
Naveen Jindal is the managing director of Jindal Steel & Power.
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Kavery Kalanithi
Rank: 2
Annual Compensation in FY2012- 13: Rs 56.24 crore
Annual Compensation in FY2011- 12: Rs 57.01 crore
Kavery Kalanithi is the executive director of Sun TV Network.
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Kalanithi Maran
Rank: 1
Annual Compensation in FY2012- 13: Rs 56.25 crore
Annual Compensation in FY2011- 12: Rs 57.01 crore
Kalanithi Maran is the executive chairman of Sun TV Network.
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