News: Stephen Pratt, Ashok Vemuri highest paid Infosys executives

Compensation & Benefits

Stephen Pratt, Ashok Vemuri highest paid Infosys executives

Stephen R. Pratt and Ashok Vemuri were the two highest paid executives at India’s second largest software exporter Infosys Ltd for the 2012-13 fiscal, according to a regulatory filing, the Mint reported.

Stephen R. Pratt and Ashok Vemuri were the two highest paid executives at India’s second largest software exporter Infosys Ltd for the 2012-13 fiscal, according to a regulatory filing, the Mint reported.

Pratt, who is managing partner for the company’s worldwide consulting and systems integration business, earned a total compensation of about $2.13 million, including bonus, while Vemuri, who heads the global manufacturing and engineering services business, earned $898,978, including bonus, Infosys said in a regulatory filing on Monday night. Pratt was the highest paid executive last year as well, according to the report.

Chief executive officer (CEO) and co-founder S.D. Shibulal had a total package, inclusive of bonus and other annual compensation benefits, of $119,774. This, however, excludes stock options. Executive co-chairman and co-founder S. Gopalakrishnan also earned roughly the same amount, excluding stock options.

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Topics: Compensation & Benefits, #Updates, #TotalRewards

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