[New post] Tech Mahindra Directors’ Earnings: Experience Pays Off Big
India CSR posted: " The annual remuneration figures of prominent non-executive directors have been disclosed, revealing lucrative amounts of money and demonstrating the continuing high value of experienced leadership in corporations. In a riveting revelation, Tech Mahind" India CSR
The annual remuneration figures of prominent non-executive directors have been disclosed, revealing lucrative amounts of money and demonstrating the continuing high value of experienced leadership in corporations.
In a riveting revelation, Tech Mahindra, a pioneer in the technology sector, has disclosed the annual remuneration of its esteemed non-executive directors for the Financial Year 2022-23. The figures, which are inclusive of the perquisite value of stock options exercised, are presented in lakhs and make for a captivating read.
Here are the details:
Anand Mahindra, a stalwart in the industry, tops the chart with a colossal commission of INR 1,397 lakhs.
Dr. Anish Shah, known for his astute leadership, received a substantial amount of INR 821 lakhs.
Haigreve Khaitan and Ms. M. Rajyalakshmi Rao, prominent figures in the tech industry, received INR 904 lakhs and INR 822 lakhs, respectively.
Manoj Bhat, Ms. Penelope Fowler, and Ms. Shikha Sharma, each drew in INR 904 lakhs, reflecting the value of their strategic inputs.
Dr. Mukti Khaire, recognized for her deep industry knowledge, received a commission of INR 945 lakhs.
T. N. Manoharan, a veteran in the corporate world, earned a handsome sum of INR 986 lakhs.
These figures speak volumes about the high-value Tech Mahindra places on experience and strategic guidance. The remunerations are indicative of each director's contributions towards the company's growth and success.
Particularly noteworthy is Anand Mahindra's highest commission, which underlines his significant contributions and the immense faith Tech Mahindra places in his leadership.
The remuneration details of the non-executive directors at Tech Mahindra:
Name
Commission (in INR Lakh)
Mr. Anand Mahindra
1,397
Dr. Anish Shah
821
Mr. Haigreve Khaitan
904
Ms. M. Rajyalakshmi Rao
822
Mr. Manoj Bhat
904
Dr. Mukti Khaire
945
Ms. Penelope Fowler
904
Ms. Shikha Sharma
904
Mr. T. N. Manoharan
986
In an era marked by economic fluctuations and global challenges, Tech Mahindra's robust investment in its leadership signals its firm commitment to navigating the choppy waters of the tech industry and emerging victorious.
Please note that the mentioned remuneration includes the perquisite value of the stock options exercised during the FY 2022-23. The disclosed figures are subject to further auditing and regulatory oversight.
*The remuneration of Ms. Penelope Fowler is based on the conversion rate on the date she received the payment, as she is an international member of the board.
*The disclosed figures are subject to auditing and regulatory oversight, further demonstrating the company's commitment to transparency and good governance.
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