If you are looking for highest paid ceos in India? then listing down some top highest paid ceos that you should look for.
The chief executive officer (CEO) is the highest-ranking executive at any given company, and their main responsibilities include managing the operations and resources of a company, making major corporate decisions, being the main liaison between the board of directors and corporate operations, and being the public face.Their high position and responsibilities demands high salary too.
CEOs are key to success, says Daniel Pryor, head of programmes at the Adam Smith Institute, a neoliberal think tank. “It’s quite clear there are a limited number of people that have the skills, the personality and disposition to be the CEO of a top company, and those limited number of people are highly sought after.Here we have the list of top 15 highest paid CEOs of India.
Top 15 highest paid CEOs
1. Naveen Jindal
The very first in the list is the CEO of Jindal Group of Industries,Naveen Jindal. The millionaire CEO of Jindal Group has a salary around 144 crores. Naveen Jindal is an Indian billionaire industrialist, and a former Member of Parliament, Lok Sabha.
Naveen is known for capturing the national shooting time Asian Federation Games where they got the silver medal.
He is the youngest son of late Om Prakash Jindal. Over the years Naveen has been very influential,one of the examples being his support for alma mater,UT dallas, which led the university to change its management school into Naveen Jindal School of Management in 2011.
Industrialist Naveen Jindal is considered a significant business player not only in Haryana but all of India.
salary : INR 144 crores ( as of 2021)
company : Jindal Group
2. Anil Manibhai Naik
The former CEO and present group executive chairman of Larsen & Toubro, Anil Manibhai Naik stands 2nd on the list. His reported salary is around INR 137 crores as of 2018. A M Naik is an Padma Bhusan awardee and also, Honorary consul general of Denmark and former chairman of IIM hyderabad.
The Chairman and Chief Operating Officer of India’s biggest engineering and construction conglomerate, Anil Manibhai Naik, is one of the most influential people in India. He joined the company as a junior engineer in 1965 and then after 34 years became CEO of Larsen & Toubro , further he was promoted to group executive chairman in 2003.
Salary : INR 137 crores + (as of FY 2018)
Company : Larsen & Toubro
3. Kalanithi Maran
The founder & CEO of the Sun Group is the third highest paid CEO in India with a salary of INR 87.50 crore+ ( FY 2019). Kalanithi Maran started with founding a media company in 1993 by the name Sun Group, since then he hasn’t looked back yet. Today the Sun Group has become an organisation with a number of acquisitions. The organisation owned 48 FM radios stations,two Newspaper Media,One IPL Franchise team ,Five magazines and one DTH Satellite service.
Salary : 87.50 crore + (FY 2019)
Company : Sun Group
4. Pawan Munjal
The CEO of Hero Motocorp,Pawan Munjal is numbered as 4th highest paid CEO.Graduated from NIT ,Kurukshetra Pawan Munjal is known to Transform HeroHonda and Hero Motocorp. Pawan Munjal is one of India’s renowned corporate leaders, championing growth, socio-economic progress, and technological innovations.
Pawan Munjal, son of late Brijmohan Lall Munjal, founder of Hero Group, who died in 2015 at age 92, runs motorcycle flagship Hero MotoCorp. As of FY20 he was paid INR 84.59 crores as salary. He has also been ranked among ”40 of the most powerful Indians of 2017”.
Salary : 84.59 crores
Company : Hero Motocorp.
5. Salis S Parekh
The fifth name in the list is of Salil S Parekh.serving as the CEO of Very Known IT firm Infosys has the salary as reported in 2022 of approx 71crores. He was also a member of the group executive board at capgemini. Graduated from IITBombay in Aeronautical engineering, went to Cornell university for his further master degrees in Computer Science & Mechanical engineering. He is known as a very dedicated and successful leader.
Salary : 71 crore+ FY22
Company : Infosys
6. Acharya Balakrishna
Known for his dedicated contribution in the Patanjali Brand,the co-founder and chief executive of the brand receives the salary of 60.8 crore as reported in FY2021. Acharya Balakrishna along with Baba Ramdev founded Patanjali in 2007. The company is among Multinational Consumer goods brands. Forbes India tagged him as third youngest billionaire in 2020.
Salary : 60.8 crore INR (FY22)
7. Natarajan Chandrashekaran
Voted as the best CEO for five consecutive years Natarajan Chandrashekharan ,the former Chief Executive of TATA group has been considered as the top CEOs of India.
He is currently the chairman of TATA group .The last reported salary as of 2020 of Natarajan was 58 crore.
Salary : 58 crore INR ( FY20)
Company : Tata group.
8. Rajiv Bajaj
Serving as the chief executive and managing director of Bajaj Auto, Rajiv Bajaj has been ranked as the next highest paid CEO with last reported salary of 39.86. Rajiv Bajaj is an Indian businessman, and the managing director of Bajaj Auto since 2005. He introduced the Pulsar range of motorcycles credited with reviving the fortunes of the ailing company. India Today magazine ranked him #42nd in their India’s 50 Most powerful people of 2017 list.
Salary : INR 39.86 crore
Company : Bajaj Auto
9. Om Prakash Manchanda
The next name in the list is CEO of Dr.Lal Pathlabs pvt. Lt. Om Prakash Manchanda. Serving as CEO of a group of diagnostic service providers ,since 2005 has the salary of more than 33.20 crore. Manchanda has done the graduation in veterinary science and PGDM from IIM ahmedabad.
Salary : 33.20 crore INR ( FY20)
Company : Dr.Lal Pathlabs
10. C Vijaykumar
Serving as the chief executive of HCL technologies for the last 6 years ,C Vijaykumar has the last reported salary of 30.60 crore in FY21.C Vijayakumar (CVK or Vijay) is the Chief Executive Officer & Managing Director of HCL Technologies, a US$ 11.18 billion global technology company.He started with joining the company in 1994 and then in 2016 became the chief executive of HCL technologies.
Salary : 30.60 crore
Company : HCL Technologies
11. Ajay Srinivasan
The CEO of Aditya Birla Group, Ajay Srinivasan has been serving the company since 2007. Ajay Srinivasan is one of the few to become CEO soon after joining the company. Ajay Srinivasan is a director at Aditya Birla Management Corporation Private Ltd (ABMCPL). Before joining the Aditya Birla Group in 2007, Mr. Srinivasan was Chief Executive – Fund Management at Prudential Corporation Asia.The IIM Ahmedabad graduate ,Ajay Srinivasan was also the chief executive fund management at prudential corporation Asia. His last reported salary is 28.22 crore.
Salary : 28.22 crore (FY21)
Company : Aditya Birla Capital
12. Sanjeev Bajaj
The Harvard Business School Graduate, Sanjeev Bajaj is among the India’s highest paid CEos. Sanjeev Bajaj who took the charge of Bajaj Finserv chief executive in 2008 also got the rank in top 50 power people of 2019 by India Today.
Sanjeev Bajaj’s salary was reported to be INR 28 crore. Sanjiv Bajaj is the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj group.
Salary : 28 crore
Company : Bajaj Finserv
13. SN Subramanyam
Serving as the chief executive of Larsen & Toubro since 2017,SN Subramanyam is the next name in the highest paid list.S.N. Subrahmanyan is Vice Chairman, LTTS, as well as the Chief Executive Officer and Managing Director of Larsen & Toubro. In addition, he is Vice Chairman on the Board of L&T Infotech Limited (LTI) and Non-Executive Chairman of L&T Metro Rail (Hyderabad) Limited. His current salary is around 27.70 crore. Sekharipuram Narayan Subramanyam has previously served as director of Larsen & Toubro in 2011.
Salary : 27.17( FY20)
Company : Larsen & Toubro
14. Gopal Vittal
Gopal Vittal has seen many ups & downs, in & outs with the telecom company Airtel.The Graduate from IIM Calcutta, first served for 2 years (2006-08) in the company and after the rejoin in early 2012, has been serving for the company till date .His current salary is around 25.41 crore.He was chosen as CEO on 1st March 2013.Mr. Gopal Vittal is a 25th batch alumnus of IIM Calcutta. Gopal is the Managing Director and Chief Executive Officer of Bharti Airtel – India and South Asia.
Salary – 25.41 crore
Company – Airtel
15. CP Gurnani
The next name is known as the managing director and CEO of TechMahindra,CP Gurnani. He was Honoured as the E&Y ” Entrepreneur of the Year” and CNBC Asia’s ” India’s business leader of the year”. He has also been felicitated with an honorary Doctorate degree by Veer Surendra Sai University of Technology. He has also presented his perspectives on “in the future” among the top 100 global CEOs as part of The Wall Street Journal CEO Council 2016. CP Gurnani has also served as Nasscom Chairman for one year in 2016.CP Gurnani’s last reported salary is around 22 crore.
Salary – 22 crore
Company – TechMahindra
Conclusion
So this was the list of top highest paid CEOs. We have listed only 15 of the highest Paid CEOs. There are number of CEOs whose salaries are really jaw dropping. We are intended to bring the list of 100 highest earning CEOs, but covering them in one article can be boring for the reader. That’s why we have decided to bring its further parts ,where we will cover the further list of CEOs.