Abidali Neemuchwala Wipro Draws $1.8 Mn Pay Package in FY16
In his first year at Wipro, former TCS veteran got an annual pay package of USD 1.8 million (about Rs 12.04 crore).
This is higher than what his predecessor and former CEO T K Kurien earned at Bengaluru-based IT major.
However, his peers at rivals Infosys and Tata Consultancy Services (TCS) have fatter pay packages.
According to a regulatory filing, Neemuchwala received USD 859,079 in salary and allowances, USD 351,213 in commission/variable pay, USD 575,122 as other payouts and USD 21,216 as long-term compensation during the financial year ended March 31.
Infosys Vishal Sikkas package for the year stood at Rs 48.73 crore package, while that of TCS chief N Chandrasekaran was Rs 25.6 crore (USD 3.8 million) in addition to a special bonus of USD 1.49 million.
Sikka, who is credited wi...