TCS CEO K Krithivasan’s remuneration at Rs 25 crore in FY24
remuneration of Tata Consultancy Services (TCS) CEO and MD K Krithivasan in FY24 was Rs 25.2 crore, slightly less than former CEO Rajesh Gopinathan’s at Rs 29.16 crore in FY23.
However, it is to be stated that Krithivasan’s remuneration “includes compensation for the full year, i.e. as Global Head of Banking, Financial Services and Insurance (BFSI) for April 1, 2023 to May 31, 2023 and as CEO and MD from June 1, 2023 to March 31, 2024”, reads the annual report of TCS that the company filed with the BSE on Thursday.
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Offering CollegeCourseWebsiteIIT DelhiCertificate Programme in Data Science & Machine LearningVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitMITMIT Technology Leadership and InnovationVisitN G Subramaniam, the COO and ED at TCS, drew a total compensation of Rs 26.1 crore in the fiscal 2024. Subramaniam, also known as NGS, will be retiring from TCS this month.
“NGS has led the organisations across key roles over four decades providing immense selfless and valuable service to the company. Many of us, including myself, have benefitted from his mentorship or have served in his team and the units he nurtured”, Krithivasan wrote in a letter to employees recently.
While Subramaniam’s remuneration jumped by 8.2% in FY24, the ratio of his remuneration to the median remuneration of the employees was at 346.2.
Gopinathan, who quit the IT behemoth last year, also received about Rs 1 crore as remuneration for part of the
