6 CEOs Who Earned $1 a Year

By siliconindia | Friday, 07 June 2013, 12:13 Hrs

6. Narayan Murthy, Infosys
Salary: Re1

Infosys founder Narayan Murthy and his top officials who will be taking Re 1 as their salary package, reports Reeba Zachariah of Times of India. The IT major Infosys had been struggling for past two years with its profit numbers and therefore had called its former CEO and founder to head the clan.

Murthy and his team would anyway make up the losses by other means. The stake holders of the company along with senior and junior Murthy have been earning big bucks. In the financial year 2012 Narayan Murthy earned 10 crore from his 0.41 percent stake and his son Rohan earned 33 crore from his 1.38 percent stake. Moreover Murthy and his team also don’t have to pay taxes on these dividend incomes as it is tax free in the hands of the shareholders.