Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Peoples priority is livelihood issues
access_time 12 April 2024 4:30 AM GMT
The survival challenge before the CPM
access_time 10 April 2024 5:05 AM GMT
NATO
access_time 9 April 2024 4:00 AM GMT
Genocide failing in its goal
access_time 8 April 2024 4:13 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightWipro’s Executive...

Wipro’s Executive chairman Rishad Premji takes voluntary pay cut this year

text_fields
bookmark_border
Wipro’s Executive chairman Rishad Premji takes voluntary pay cut this year
cancel

New Delhi: While salary cut is omnipresent for employees, the Executive Chairman of Wipro, Rishad Premji, has voluntarily cut his salary for the fiscal year 2023.

A recent filing to the Securities and Exchange Commission in the US shows he made $951,353 in total annual compensation this year.

The amount according to NDTV is almost 50% less than his earnings in the previous fiscal.

In 2022, Premji took home $1,819,022 as Executive Chairman of the Board.

The Form 20-F submitted by Wipro Limited to United States Securities and Exchange Commission showed $861,620 in salary and allowances and $74,343 in long-term compensation benefits plus $15,390 in other incomes.

Premji will continue his current term as Executive Chairman of Wipro Limited until July 30, 2024.

Starting his stint at Wipro in 2007, Premji rose in ranks to become Executive Chairman in 2019.

He was in roles including a general manager in Wipro's Banking and Financial Services business and headed Investor Relations and Wipro's Strategy and M&A, according to the report.

Before joining Wipro, Premji was working with Bain & Company in London.

Show Full Article
TAGS:WiproRishad Premji
Next Story