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CEO Vishal Sikka's salary drops 40% after poor performance

CEO Vishal Sikka's salary drops 40% after poor performance

Friday, April 14, 2017, 7:07 PM

Following lacklustre performance of Infosys in the final quarter of FY17, the first non-founder CEO and MD of the company, Vishal Sikka's annual compensation has dropped by 40%. Sikka, who has a fixed compensation of $3 million, took home a salary of $6.7 million (Rs.43 crore) for the last fiscal, instead of $11 million (Rs.71 crore) that included variable pay based on performance targets.
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