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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Thursday, September 04, 2008
From the Economic Times of India, a look at pay that is obscenely high relative to the company's earnings:

At a time when astronomical CEO compensation has come under scrutiny globally, a section of India Inc seems to believe that even sky isn’t the limit. A number of corporate honchos take home salaries disproportionate to the profits their respective companies generate.

In some cases, it is as high as 25% of the net profit. ETIG studied the compensation of top executives of public companies to draw up a list of obscenely paid execs.

Future Capital chief executive officer Sameer Sain tops the list with a compensation that is 24.3% of his company’s net profit. IL&FS Investsmart CEO James Whiteford and Bayer CropScience MD Stephen Gerlich grossed more than 10% of the net profit of the respective firms.

Thursday, September 04, 2008 4:28:41 PM UTC  #    Comments [0]  |  Trackback