When pay ceiling catches up with IT firms' stock-rich CEOs
· livemint.com
Stock awards accumulated over years are set to lift CEOs' reported pay above the statutory remuneration ceiling at some IT services firms, calling for shareholder nod. While the firms say it is only about accounting, investors are increasingly scrutinizing executive compensation and disclosures.
Jas Bardia is a Bengaluru-based business journalist covering India’s information technology (IT) services sector and Global Capability Centres (GCCs). Known f...