“Usually, first-time CEO’s compensation in a company is positioned between first quartile and median of market compensation levels. But when he held the post of CEO in 2014-15, he earned $1.4 million and received 150,000 shares. When Infosys appointed Vishal Sikka in August 2014, it paid him $5.08 million in annual salary, including $2 million worth stock options. Kurien earned $2.1 million and 75,000 stock options in 2015-16. When you include stock options, Neemuchwala’s compensation becomes quite attractive, said Gupta.

Source: Mint May 27, 2016 07:37 UTC