VALUE CREATORS

Professional CEOs have been generously rewarded for creating enormous wealth for their companies.

C. P. Gurnani MD & CEO, Tech Mahindra

` 150.70 crore (2016/17) ` 45.36 crore (2015/16)

occasion. His biggest contribution was taking over the scam-tainted Satyam, fixing its problems and successfully integrating it with Tech Mahindra. In a decade since they acquired Satyam, Gurnani grew the top line almost six times and profits four times. And he has been richly rewarded for his efforts. His salary was ` 2.4 crore in 2016/17 with perquisites of ` 10 lakh. Gurnani also encashed stock options worth ` 147 crore. On top of this, a commission (as a percentage of profit) of ` 98 lakh. His remuneration adds up to ` 150.7 crore.

The company’s revenues were up 2.1 per cent to ` 23,661.2 crore in 2017/18 and net profit surged 31.2 per cent to ` 3,999.3 crore. Today, Tech Mahindra takes pride in saying that it clocks close to 25 per cent of its revenue from digital busines. The company says it is “on a critical journey of transformation from Information Transformation to Digital Transformation.”

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