Wipro chairman Rishad Premji’s pay doubles in FY25 but stays below CEO Pallia

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Wipro executive chairman Rishad Premji’s compensation more than doubled to $1.6 million (about Rs 13.7 crore) in the financial year ended March 31, 2025, but remained significantly lower than that of CEO Srinivas Pallia, who took home $6.2 million (about Rs 53.64 crore), according to the company’s latest annual report.

Premji had taken a voluntary pay cut of around 20% in the previous fiscal year, drawing a salary of $769,456 (about Rs 6.4 crore) for 2023-24. He did not receive any commission during that period, as the company’s incremental…



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Wipro chairman Rishad Premji’s pay doubles in FY25 but stays below CEO Pallia


Wipro executive chairman Rishad Premji’s compensation more than doubled to $1.6 million (about Rs 13.7 crore) in the financial year ended March 31, 2025, but remained significantly lower than that of CEO Srinivas Pallia, who took home $6.2 million (about Rs 53.64 crore), according to the company’s latest annual report.

Premji had taken a voluntary pay cut of around 20% in the previous fiscal year, drawing a salary of $769,456 (about Rs 6.4 crore) for 2023-24. He did not receive any commission during that period, as the company’s incremental…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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