Archive · 26 May 2025

Wipro Chairman Premji's Salary Increase vs. CEO Pallia's Compensation

Wipro Chairman Premji's Salary Increase vs. CEO Pallia's Compensation

Imagine two important people at a big computer company called Wipro.

One, Rishad Premji, is like the chairman.

His pay went up to $1.6 million because the company did better this year.

The other, Srinivas Pallia, is the CEO, the top boss, and he made $6.2 million.

Premji's pay increase happened because the company's profits went up, unlike last year when he took less pay.

Both are entitled to a commission of the profits.

The new CEO is earning less than the former CEO.

This shows how much money the company made and how it affects the salaries of the leaders.

Sources