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Salil Parekh is the second-highest paid CEO in India, receiving an impressive package worth Rs 66 crore

Salil Parekh has cemented his position as India’s second-highest-paid CEO with a staggering Rs 66 crore annual package. As the CEO and Managing Director of Infosys, Parekh’s compensation reflects not only his leadership capabilities but also the company’s confidence in his strategic vision. Under his guidance, Infosys has continued to thrive in the highly competitive global IT services market, demonstrating robust growth and resilience.

Parekh’s journey to this prestigious position is marked by a blend of technical expertise and strategic acumen. Holding degrees in Aeronautical Engineering from the Indian Institute of Technology, Bombay, and an MBA from Cornell University, Parekh brings a unique blend of technical prowess and business insight to the table. His career trajectory includes significant stints at Capgemini, where he held several leadership roles over a span of 25 years, and his tenure there is credited with significant revenue growth and operational efficiency improvements.

Since taking the helm at Infosys in January 2018, Parekh has been instrumental in steering the company through various challenges, including the digital transformation wave and the evolving demands of the IT services industry. His leadership has been pivotal in driving strategic initiatives such as expanding the company’s digital capabilities, enhancing client relationships, and fostering innovation. These efforts have resulted in steady revenue growth and a strong market presence, reinforcing Infosys’s position as a global leader in IT services.

One of the key factors behind Parekh’s high compensation is his success in spearheading Infosys’s digital transformation strategy. Under his leadership, the company has made significant investments in emerging technologies such as artificial intelligence, cloud computing, and cybersecurity. These investments have not only enhanced Infosys’s service offerings but also positioned the company as a preferred partner for businesses looking to navigate the complexities of digital transformation. As a result, Infosys has secured numerous high-value contracts and expanded its client base across various industries.

Parekh’s leadership style is often described as collaborative and inclusive, fostering a culture of innovation and continuous improvement within the organization. He is known for his emphasis on employee development and engagement, recognizing that a motivated and skilled workforce is crucial for sustaining long-term success. Under his stewardship, Infosys has implemented various initiatives aimed at enhancing employee skills, promoting diversity and inclusion, and creating a positive work environment. These efforts have not only contributed to the company’s strong performance but also earned it recognition as an employer of choice in the IT industry.

Looking ahead, Salil Parekh’s strategic vision and leadership will be critical as Infosys navigates the dynamic and rapidly evolving technology landscape. With his proven track record and commitment to driving innovation and excellence, Parekh is well-positioned to lead Infosys into its next phase of growth and success. His substantial compensation package is a testament to the company’s confidence in his ability to deliver sustained value and drive long-term shareholder returns. As Infosys continues to expand its global footprint and explore new opportunities, Parekh’s leadership will undoubtedly play a key role in shaping the company’s future trajectory.

Sadhna B

Sadhna B

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