CEO of IT companies Wipro, Infosys and TCS earn millions of rupees as salary. Azim Premji retires from Wipro Company recently He handed over the command of this company to his son Rishad Premji. The CEO of this company is Abidali Neemuchwala.
In the last financial year, the salary of Neem Chawla has Increased 40 percent. Abidali Neemuchwala gets a salary of 27 crores annually. Last year, he got a salary of Rs 19.3 crore.
At the same time, the new chairman Rishad Premji's salary increased only 9 percent. However, the salary of Wipro CFO Jatin Dalal has increased 23 percent. Both Neemuchawala and Rishad get the variables annually.
Wipro's growth has not been as good as its counterparts. In the financial year 2019, the company grew at just 5.4 percent in the dollar terms. At the same time Infosys showed 9% growth during this period.
IT companies offer strong salaries to the CEO. Infosys CEO Salil Parekh was given a package of Rs 24.67 crore in the last financial year. Meanwhile, Salary of TCS CEO Rajesh Gopinathan has also increased 28%. They got Rs 16 crore in the last financial year.
Abidali Neemuchwala is also going to play the role of managing director of the company as Azim Premji retires on July 31. Premji worked for 53 years in Wipro. Now he has been made the founder chairman of the company.
