Indian CEOs Who Are Paid In Crores
Bangalore: Big officials like MD and CEOs have a very important role in shaping their organizations. In the mean time they become the back bone of the company by helping it grow further. Considering their hard work and dedication, their company treats them with great respect and rewards them with high remuneration.
For most of you out there, you might find the list little surprising due to the absence of renowned executives like Mukesh Ambani, Ratan Tata or Azim Premji. These business leaders may be flourished with pile of wealth but they were not able to make it to the top 10 list of highest paid executives.
“Rediff” has listed out 10 highest paid CEOs in the Indian corporate industry.
1. Naveen Jindal (Rank 1)
Salary FY 2010-11: Rs 67.21 crore (Rs 672.1 million)
Salary FY 2011-12: Rs 73.42 crore (Rs 734.2 million)
The chairman and managing Director of Jindal Steel and Power, Naveen Jindal top the list of India’s highest paid CEOs. In the financial year 2010- 2011, his salary was 67.21 crore but in the following year the salary increased up to 73.42 crore.
Jindal retains the top position for the second consecutive year after replacing Kalanithi Maran in 2010.