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Salary of listed companies' CEOs doubles to Rs 7.2 crore in a decade; CFOs pay trail with 1.7 times rise- Manufacturing, MNCs lead the pack: Report
A recent study reveals that CEO compensation in India's listed companies has surged to Rs 7.2 crore, marking a 9% CAGR over the last decade, while CFO pay reached Rs 2.3 crore. Manufacturing CEOs and service-sector CFOs lead in earnings, with northern India offering the highest executive pay. Multinational firms provide significantly higher compensation packages compared to Indian-owned companies.
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