Archive · 25 Sep 2026
Air India Approves Rs 18 Crore Payout for Outgoing CEO
Air India has approved a large payment for its departing chief executive, Campbell Wilson.
The total amount is about Rs 18 crore.
Around Rs 2.5 crore is a special reward for his work in FY25.
About Rs 15 crore replaces company shares he could have received under an earlier incentive plan.
Wilson became CEO in July 2022 after the Tata Group took control of Air India.
His original pay package was worth about Rs 21.5 crore each year.
Air India announced that he would leave on April 7, 2026, before his planned term ended.
The airline later chose Tewolde Gebremariam as its next CEO and managing director.
Air India shareholders approved cash incentives of about Rs 18 crore for outgoing CEO Campbell Wilson.
The package includes a one-time Rs 2.5 crore reward for Wilson’s performance in FY25.
About Rs 15 crore represents cash replacing shares Wilson was entitled to receive under the FY23-FY25 long-term incentive plan.
Wilson became Air India CEO in July 2022 after the Tata Group took control of the airline.
Air India announced Wilson’s resignation on April 7, 2026, and later appointed Tewolde Gebremariam as his successor.
- Who
- Air India, outgoing CEO Campbell Wilson, its shareholders, and incoming CEO Tewolde Gebremariam.
- What
- Shareholders approved about Rs 18 crore in cash incentives for Wilson, including payment replacing shares and a one-time reward.
- When
- The approved incentives cover FY23 through FY25; Wilson’s resignation was announced on April 7, 2026, and his successor was appointed on August 5.
- Where
- At Air India; the articles do not specify a location for the shareholder approval.
- Why
- The payout reflects Wilson’s approved incentive arrangements and performance-related compensation as he leaves the company.
- Total approved payout
- About Rs 18 crore
- One-time FY25 reward
- About Rs 2.5 crore
- Cash replacing shares
- About Rs 15 crore
- Incentive period
- FY23 through FY25
- Wilson’s start as CEO
- July 2022
- Original annual remuneration
- About Rs 21.5 crore
- Successor
- Tewolde Gebremariam, appointed CEO and managing director on August 5