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Wipro’s Rishad Premji’s pay doubled to $1.6 million, But CEO Srinivas Pallia’s package might surprise you

Times of India LogoTimes of India6h ago

Wipro’s Rishad Premji’s pay doubled to $1.6 million, But CEO Srinivas Pallia’s package might surprise you - Times of India

Quick Summary:

Wipro's Executive Chairman Rishad Premji's compensation more than doubled to USD 1.6 million in FY25, driven by an 18.9% rise in net profit.

CEO Srinivas Pallia, who assumed the role in April 2024, earned USD 6.2 million, significantly less than his predecessor.

Both Premji and Pallia are entitled to a commission based on incremental consolidated net profits.


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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 00:53:35 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28927395

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 39 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://tex.beamstart.com/news/wipros-rishad-premjis-pay-doubled-17480214346223

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