INFY CEO PAREKH’S COMPENSATION ROSE 27% IN FY20

BENGALURU: Infosys Ltd chief executive officer Salil Parekh’s total compensation, including bonus and incentives and restricted stock units, rose 27% annually to $6.1 million in fiscal year 2019-20, according to form 20F filed with the US Securities and Exchange Commission (SEC). The company said its profitability this year may be marginally impacted as some clients have sought price reductions or discounts due to covid impact.