HCLTech CEO C Vijayakumar’s salary sees huge fall in fiscal year 2023

HCL Technologies CEO C Vijayakumar's remuneration dropped almost 80% to INR28.4 crore ($3.46m) in FY23 from INR130 crore in the prior fiscal year. The fall was due to the absence of the long-term incentive component, which will be paid next year, according to the company annual report. Vijayakumar had earned almost $12.5m under the LTI in FY22.

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