An annual compensation of Rs 100 million has become the standard for CEOs running the country’s top automobile firms. Two more CEOs -- Pawan Goenka of M&M and Vinod Dasari of Ashok Leyland -- have joined the club in the last two years.
Eicher Motor's Siddhartha Lal is almost there with a remuneration of Rs 95 million in FY18. A booming demand and a corresponding increase in profitability by most automobile makers in the last couple of years have augured well for those running the companies. A significant portion of the compensation is linked to the performance of the ...
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