10 Lowest Paid CEO in India who Take Lowest Salary

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It is always believed that the CEOs and MDs of conglomerate companies take higher remunerations. They are given 9 to 10 digit salaries. However, this conception is not true all the time. Here is a list of top 10 low paid CEOs in India.

Ramesh Iyer 

Lowest paid ceo in india

CEO & Managing Director of Mahindra Finance

Annual Salary :- 2.66 crores 

Moreover, the company is led by him since the year of 1995. The company also hired a team of young managers under his leadership for taking care of 9000 employees.

Ajay Kapur 

lowest paid executives in india

Managing Director of Ambuja Cement

Annual Salary : – 2.30 Crores Per year

Ambuja Cements appointed him as the Managing Director of the company after the resignation of Onne Van Der Weijde. Previously, he was working as the deputy MD. He was appointed as the MD due to the plan of succession of the company.

Etienne Benet

India's least paid ceo

Managing Director of Nestle, India

Annual Salary :- 2.13 Crores

A year of being the MD of the huge company will be completed by Benet this year. Recently, his post is transferred to MD. His annual salary can be expected to be higher as he was the ex-CEO of the same company for West Africa.

Ajoy Misra

Lowest paid chief executive officer in India

Managing Director : – Tata Global Beverages

Annual Salary : – 1.8 Crores

The new MD of TATA Global Beverages is none other than Ajoy Mishra. It happened after the resignation of Harish Bhat this year. Annual salary of Mishra is not more that 1.8 crores which does not match to the post of Ajoy.

Umesh Revankar

Lowest paid ceo in india

Managing Director of Shriram Transport Finance

Annual Salary : – 48.17 Lakhs

Now Umesh Revankar is appointed as the MD of Shriram Transport Finance. Earlier, he was the deputy managing director of the company. Umesh is considered as the lowest paid CEO in India.

Vinod K. Dasari

lowest paid executives in india

Director of Askhok Leyland

Annual Salary : – 2.12 Crores

He is appointed as the Director on board of the Ashok Leyland and also the Managing Director of the company. The company cut 21 percent of the salary of MD as huge loss was reported by the company.

Shyam Srinivasan

India's least paid ceo

CEO and MD of Federal Bank

Annual Salary :- 1.01 crores 

For the last four years, Shyam has been working as the CEO and MD of Federal Bank. He has twenty years of expertise in banking. Srinivasan works really hard for taking the company forward. It is his desire to make this bank one of the leading banks throughout the entire world.

Kiran Kumar Gandhi

Lowest paid chief executive officer in India

Managing Director of GMR Infrastructure

Annual Salary : – 2.47 crores

B.V.N. Rao is replaced by him and he is appointed as the MD of GMR Infrastructure. His appointment comes in the wake of the rotational policy of the company that happens amongst the highest level of management.

P. Gurnani

Lowest paid ceo in india

MD of Tech Mahindra and CEO of Mahindra Satyam.

Annual Salary : – 2.30 crores 

His annual salary is 2.30 crores which is not sufficient for a CEO and MD of conglomerate companies.

PK Kataky

India's least paid ceo

CEO and Managing Director of Exide Industries.

Annual Salary : – 2.41 crores

In 2013, he was appointed as the CEO and MD of Exide Industries. His annual salary is 2.41 crores which is very low according to his post.

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