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Azim Premji’s pay package rose 95% in FY19

Azim Premji

Azim Premji   | Photo Credit: AP

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Wipro, in a stock exchange filing, said its chairman Azim Premji’s salary rose 95% to $262,054 (about ₹2 crore) in FY19. Chief strategy officer Rishad Premj received a pay package of $987,652. CEO Abidali Neemuchwala’s salary grew 41% to $3.9 million.

Mr. Premji received $62,322 in salary and allowances, $131,231 as commission/variable pay, $55,705 (others) and $12,796 in long-term compensation. Mr. Neemuchwala got over $1 million in salary and allowances, $891,760 as commission and variable pay, over $2 million (others) and rest in long-term compensation.

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