Top 15 Highest Paid Executives in India for 2011-12

Below is the list of Top 10 Highest Paid Executives in India for FY 2011-12.

These pay packages include salary, perquisites, profit- linked incentives or commissions and other benefits. The collective Annual Compensation for the top 15 executives is Rs. 478 Crore, up by Rs. 38 Crore from last year.

15

Mukesh Ambani

Annual Compensation: Rs. 15.00 Crores

Company: Reliance Industires

Designation: Chairman & Managing Director

14

Jayadev Galla

Annual Compensation: Rs. 17.23 Crores

Company: Amara Raja Group

Designation: Managing Director

13

Sajjan Jindal

Annual Compensation: Rs. 18.18 Crores

Company: JSW Steel

Designation: Chairman & Managing Director

12

Debu Bhattacharya

Annual Compensation: Rs. 19.50 Crores

Company: Hindalco

Designation: Managing Director

11

Sunil Mittal

Annual Compensation: Rs. 21.30 Crores

Company: Bharti Airtel

Designation: Chairman & Managing Director

10

Murali K Divi

Annual Compensation: Rs. 23.15 Crores

Company: Divi’s Lab

Designation: Chairman & Managing Director

9

Carl Peter Forster

Annual Compensation: Rs. 23.97 Crores

Company: Tata Motors

Designation: Chief Executive Officer

8

B G Raghupathy

Annual Compensation: Rs. 25.98 Crores

Company: BGR Energy

Designation: Chairman & Managing Director

7

Shinzo Nakanishi

Annual Compensation: Rs. 28.14 Crores

Company: Maruti Suzuki

Designation: Managing Director & CEO

6

PRR Rajha

Annual Compensation: Rs. 29.34 Crores

Company: Madras Cement

Designation: Chairman & Managing Director

5

Brijmohan Lall Munjal

Annual Compensation: Rs. 34.44 Crores

Company: Hero Motor Corp

Designation: Chairman

4

Pawan Munjal

Annual Compensation: Rs. 34.47 Crores

Company: Hero Motor Corp

Designation: Managing Director & CEO

2+3

Kalanithi and Kavery Maran

Annual Compensation: Rs. 57.01 Crores each

Company: Sun TV Network

Designation: Chairman & Managing Director

1

Naveen Jindal

Annual Compensation: Rs. 73.42 Crores

Company: Jindal Steel and Power Ltd (JSPL)

Designation: Chairman & Managing Director

Out of the above 15, only 4 – Kalanithi Maran, Kavery Maran, Sunil Mittal and Sajjan Jindal saw a decrease in their annual package while for all others it grew fatter as compared to last year.

Source: Companies Annual Report

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