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ITC CEO COMPENSATION
ITC Chairman Sanjiv Puri's pay packet shrinks 6.8% to Rs 23.9 crore in FY26In FY26, Sanjiv Puri, the Chairman and Managing Director of ITC, saw his total compensation decline by 6.8% to Rs 23.91 crore. This reducti...
Demand for senior technology leaders in India is bucking a slowdown in broader tech hiringAs per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC C...
ITC CMD Sanjiv Puri draws ₹25.66 crore salary in FY25, slightly higher than last yearSanjiv Puri, ITC Chairman, saw a slight pay increase in fiscal year 2025. His total compensation reached Rs 25.66 crore. This includes sala...
Compensation gap between CEO & median employee widens in India Inc from pre-pandemic years, finds ET studyAn ET study identified the widening gap in compensation between CEOs and median employees in 35 major Indian companies post-pandemic. Compa...
Crorepati club swells at HUL, ITC and United SpiritsAccording to their latest annual reports, HUL and ITC saw 33% and 44% increase in the number of eight-figure salary earners in FY22, respec...
Consumer court awards woman Rs 2 cr compensation for a botched haircutA woman in Delhi has won a Rs 2 crore compensation against the ITC Maurya three years after a bad haircut and a botched hair treatment at t...
39 managers enter ITC crorepati club in FY21Total crorepati count rises to 153; in the FMCG space, ITC has 96 execs earning over a crore a year compared to 123 in HUL.
Hygiene to Haldi: How consumer goods firms created a new market amid a crisisIndia’s third-largest listed packaged foods player ITC has launched over 40 new products in the past five months, including vegetable washe...
Truckers, labour get 30% more pay from FMCG companiesThe companies are facing the dual challenge of acute labour shortage because of migration and fear of the Covid-19, which are creating dema...
ITC to hike chairman and managing director Sanjiv Puri's salary by 45%Incidentally, Sanjiv Puri’s total compensation also includes performance bonus which will not exceed 300% of basic salary as determined by ...
ITC appoints managing director Sanjiv Puri as chairmanPuri, 56, was being mentored by YC Deveshwar for the dual role of chairman-cum-managing director.
ITC MD Sanjiv Puri may be named ChairmanThe move is seen as a foregone conclusion since Deveshwar had already chosen Puri for the position.
ITC to extend tenure of non-executive chairman YC Deveshwar by another two yearsThe notice said ITC’s nomination and compensation committee and board felt “it would be in the best interest of the company for Mr Deveshwa...
ITC calls liAS recommendations' misleading and defamatoryITC is seeking shareholders' nod for additional remuneration for Deveshwar, who stepped down from executive role in February this year, tha...
ITC proposes more pay to Deveshwar, seeks shareholders' nodAt last year's AGM, the shareholders of the company approved appointment of Deveshwar as Non-Executive Director and Chairman for a period o...
ITC proposes additional salary to Y C Deveshwar, seeks shareholder nodAt last year's AGM, the shareholders of the company had approved appointment of Deveshwar as Non-Executive Director, and Chairman for a per...
Sanjiv Puri to Replace YC Deveshwar as ITC CEOAn alumnus of the Indian Institute of Technology, Kanpur, Puri joined ITC three decades ago, in 1986, and led ITC Infotech among other vert...
Sanjiv Puri being mentored to succeed ITC's YC Deveshwar, B Sumant may get board seatAccording to the company’s annual report, executive directors generally don’t exceed one-third of the total strength. ITC has a 15-member b...
OYO Rooms appoints Dinesh R as chief human resources officerPrior to this appointment, Dinesh R was head of compensation & benefits in APAC region for the Coca Cola Company.
- YC Deveshwar may get fresh term as ITC chairman to groom heir
ITC plans to hand another five-year stint as chairman to Y Deveshwar when his tenure ends next year, but in a non-executive role.