Know how much Infy top earner makes?

EconomicTimes.com
S D Shibulal, the US-based founder-director and promoter of Infosys, leads the pack among the company directors in terms of pay-packets with an annual salary of $1.6 lakh (Rs 71 lakh at an exchange rate of Rs 44.9), according to the filings made by Infosys with the Securities & Exchange Commission (SEC). Among other directors, it is the former CFO and incumbent HR head, TV Mohandas Pai who ranks as the second highest paid director with a pay packet of $41,815 (Rs 18.78 lakh) in FY06. He even tops the other directors in terms of bonus/incentive payout in FY06 which stood at $1 lakh or Rs 45.6 lakh. The other four directors including Narayana Murthy and Nandan Nilekani drew a salary of $29,355 (Rs 13.2 lakh per annum) during FY06. Both the chief mentor and the MD of the company received a similar bonus payout of $ 45,925. Incumbent chief financial officer of the company, V Balakrishnan, drew a salary of $29,946 with $64,762 as bonus/incentive in FY06. Infosys, which launched Infosys Consulting in April ’04, has invested $7m in FY06 in this arm, taking the total investment to $17m. more...