Cognitive CEO Ravi Kumar has a salary package of €137 crore – how does he compare to other IT leaders?
₹137 million, this is Cognizant’s target compensation plan for Cognizant’s CEO in fiscal 24. However, according to the filing with the Securities and Exchange Commission (US SEC), Ravi Kumar obtained ₹700 million.
Let’s look at why the salary achieved is lower than Tarted, the breakdown of his salary package components and his salary compared to those of Indian information technology companies such as Infosys, TCS and Wipro.
Cognitive CEO Ravi Kumar’s salary package – details
Cognitive CEO Ravi Kumar’s salary rose to more than 24 years of annual salary per year, according to the company’s filing. ₹According to the Times of India (TOI), $700 million ($8.2 million), a 14% increase over the previous year’s salary.
But it does point out that the realized pay is less than ₹$13.7 billion ($16.1 million) in 2024.
Component decomposition ₹137 million salary package:
CEO vs Employees: Cognitive salary ratio differences
According to a report from NDTV, the ratio of Cognizant’s CEO to Midian’s employee salary is 2024, at 378:1. The document shows that Kumar is 378 times higher than his company’s average employee.
(This is a developing story, more updates are coming soon…)
