Infosys CEO Vishal Sikkas Salary Drops 67% in FY17

 Infosys chief executive Vishal Sikka's high salary, which had prompted the founder members to voice concerns, has dropped over 67 per cent in 2016-17 on lower bonus payout. According to the annual report of Infosys, the cash component of Sikka's salary was Rs 16.01 crore, down from Rs 48.73 crore in 2015-16.

His total compensation, including bonus and grant of stocks, fell 7 per cent to Rs 45.11 crore in 2016-17 from Rs 48.41 crore in the previous fiscal. Sikka received a base salary of $1 million in FY17, up from $900,000 in previous year. His bonus and incentives dropped to $0.82 million ($4.36 million in FY16) as against the target of $3 million.

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