Mumbai: TK Kurien, the new chief of the IT business and CEO of Wipro, will get an annual salary package of up to Rs 10 crore.
As per the terms of appointment of Kurien, salary is in the range of minimum of Rs 3 crore to a maximum of Rs 10 crore a year, Wipro said in a filing to the Bombay Stock Exchange.
This would include periodic increments, variable pay (based on performance criteria), leave travel allowance, house rent allowance, company provided car and driver, furniture and equipment and provident fund among others.
Kurien's is one of the highest salary packages in the IT industry....more
01:51 AM, Mar 22, 2011
Bangalore: Wipro Ltd surprised markets with the resignations of the joint-CEOs of its information technology business, after reporting profit growth rates which lagged rivals Infosys Technologies Ltd and Tata Consultancy Services. India's third-ranked software services exporter said company veteran TK Kurien was taking over as the new chief executive of the unit. "The joint CEO structure was one of the key factors that successfully helped us navigate the worst economic...
11:39 AM, Jan 21, 2011
Bangalore: India's software major Wipro Limited on Friday announced the appointment of TK Kurien as the Chief Executive Officer (CEO) of its global IT business and executive director of the company. In a regulatory filing, the IT bellwether said its Joint Chief Executives Girish Paranjpe and Suresh Vaswani would step down on February 1. Kurien is currently Chief Executive of the company's eco-energy division, a new initiative launched early this...
10:02 AM, Jan 21, 2011