HCLTech CEO C Vijayakumar Becomes Highest-Paid Indian IT Leader in FY25 With $10.85 Million Package

C Vijayakumar, the CEO of HCLTech, has emerged as the highest-paid executive among Indian IT majors for the financial year 2024-25, taking home a total remuneration of $10.85 million (approximately ₹94.6 crore). His pay package surpassed those of his counterparts at larger rivals Tata Consultancy Services (TCS) and Infosys, cementing his position as one of the most well-compensated leaders in the sector.

The company’s annual report revealed that Vijayakumar’s compensation for FY25 exceeded the remuneration of TCS CEO K Krithivasan, who earned ₹26.52 crore, and Infosys CEO Salil Parekh, who took home ₹80.62 crore. His earnings also outstripped those of Wipro CEO Srinivas Pallia ($6.2 million or about ₹53.64 crore) and Tech Mahindra CEO Mohit Joshi (₹53.9 crore).

Breakdown of Earnings

Vijayakumar’s FY25 compensation package consisted of:

• Base Salary: $1.96 million

• Performance-Linked Bonus: $1.73 million

• Long-Term Incentives (Exercised ...