Latest news with #CFOCompensationReport2025
Mint
31-07-2025
- Business
- Mint
Can you guess how much salary CEOs and CFOs in India earned on average in FY24? Hint, its 9% annual jump
Top executives in India drew in multiple crore salaries in financial year 2024, a new study, titled 'The CEO Compensation Report 2025 and CFO Compensation Report 2025' by Resource Bridge found. According to data, Chief Executive Officers (CEOs) of listed companies in India commanded an average compensation of ₹7.2 crore in FY24, up by an annual rate of 9 per cent over the last decade. On the other hand, Chief Financial Officers (CFOs) got an average of ₹2.3 crore, with compensation levels rising 1.7 times over the same period. The study looked at close to 1,000 listed companies, and open-source financial data in the public domain to draw its conclusions. Also Read | What we know about 6 Indian companies sanctioned by Donald Trump administration CEO compensation doubled over 10 years The study indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth. Among the different sectors, CEOs of manufacturing entities bagged some of the highest pay packages; while for CFOs, the service industry churned out top earning peers. There was however, a notible disparity in highest compensation in regional terms observed by the study — CEOs and CFOs in north India consistently commanded the highest pay packages, while their counterparts in east India consistently earn the least among peers. This regional trend held regardless of industry or company size, it added. Also Read | US govt sanctions 6 India-based companies for trading oil with Iran Ownership a 'decisive' factor, MNCs beat domestic firms According to the study, ownership structure played a 'decisive role' in executive compensation; while multinational corporations (MNCs) outpaced domestic firms in terms of top executives' salaries. Further, companies that cross critical turnover thresholds of ₹5,000 crore, ₹50,000 crore and ₹1 lakh crore showed a sharp upward inflection in executive pay, it added. About Resource Bridge Founded by K Ramadhurai and Saroja Ramadhurai in 2005, Resource Bridge is a specialised executive search firm based in Mumbai, the release said. 'The founders focus on search, selection and advisory with reference to two key roles in the corporate world: CEO and CFO… The firm is known for its research-intensive approach and strategic counsel to boards and promoters in navigating leadership transitions and compensation structuring,' it added.
Time of India
30-07-2025
- Business
- Time of India
CEO pay in India averaged Rs 7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched Rs 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource report observed that Chief Financial Officers (CFOs), by comparison, drew an average of Rs 2.3 crore, with compensation levels rising 1.7 times over the same report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth."CEO's compensation more than doubled, from Rs 3.3 crore in FY15, to Rs 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers.A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of Rs 5,000 crore, Rs 50,000 crore and Rs 1 lakh crore show a sharp upward inflexion in executive observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public over 20 industry sectors and backed by data from FY15 to FY24, the report positions itself as one of the most comprehensive compensation studies for top leadership roles in the country.
Mint
30-07-2025
- Business
- Mint
CEO pay in India averaged ₹7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
New Delhi [India], July 30 (ANI): The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched ₹ 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource Bridge. The report observed that Chief Financial Officers (CFOs), by comparison, drew an average of ₹ 2.3 crore, with compensation levels rising 1.7 times over the same period. The report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth. "CEO's compensation more than doubled, from ₹ 3.3 crore in FY15, to ₹ 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report finds. Interestingly, CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers. A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company sizes. Ownership structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of ₹ 5,000 crore, ₹ 50,000 crore and ₹ 1 lakh crore show a sharp upward inflexion in executive pay. The observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian companies. The CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public domain. Spanning over 20 industry sectors and backed by data from FY15 to FY24, the report positions itself as one of the most comprehensive compensation studies for top leadership roles in the country. (ANI)
Mint
30-07-2025
- Business
- Mint
CEO pay in India averaged ₹7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report
New Delhi [India], July 30 (ANI): The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched ₹ 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource Bridge. The report observed that Chief Financial Officers (CFOs), by comparison, drew an average of ₹ 2.3 crore, with compensation levels rising 1.7 times over the same period. The report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth. "CEO's compensation more than doubled, from ₹ 3.3 crore in FY15, to ₹ 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report finds. Interestingly, CEOs in the manufacturing sector continue to command some of the highest pay packages, while CFOs in service-led industries have emerged as top earners among their peers. A notable regional disparity also comes through in the data as CEOs and CFOs in northern India command the highest compensation across the country, while those based in the east consistently earn the east. The trend holds across sectors and company sizes. Ownership structure also plays a decisive role in executive compensation. Multinational corporations, according to the report, continue to outpace Indian-owned firms in terms of pay at the top levels. Additionally, companies that cross critical turnover thresholds of ₹ 5,000 crore, ₹ 50,000 crore and ₹ 1 lakh crore show a sharp upward inflexion in executive pay. The observation also shows a stark difference in pay between multinational firms and Indian firms. According to the report, multinational companies (MNCs) in India pay their employees about 10-11 per cent more than similar-sized Indian companies. The CEO Compensation Report 2025 and CFO Compensation Report 2025 are the outcome of a three-month analysis of annual reports from nearly 1,000 listed companies, coupled with open-source financial data in the public domain.
&w=3840&q=100)
Business Standard
29-07-2025
- Business
- Business Standard
CEO compensation in India rose to ₹7.2 crore in FY24, shows study
The average compensation for chief executive officers (CEOs) of listed companies in India has reached ₹7.2 crore, reflecting an annual growth rate of 9 per cent over the past decade, according to a study by executive search firm Resource Bridge. In contrast, chief financial officers (CFOs) earned an average of ₹2.3 crore during the same period, with their compensation increasing 1.7 times since FY15. According to the CEO Compensation Report 2025 and CFO Compensation Report 2025, CEOs in the manufacturing sector continue to receive some of the most lucrative salary packages. Meanwhile, CFOs in service-driven industries have emerged as the highest-paid among their peers. The findings are based on an analysis of annual reports from nearly 1,000 publicly listed companies, alongside publicly available financial data. The dataset spans financial years 2014-2015 (FY15) to 2023-2024 (FY24) and covers more than 20 industry sectors. The report showed that multinational corporations (MNCs) continue to offer higher executive salaries than Indian-owned firms. Ownership structure also plays a decisive role in executive compensation. Firms that cross major turnover thresholds -- ₹5,000 crore, ₹50,000 crore and ₹1 trillion -- show significant increases in CEO and CFO pay levels. Executives based in North India command the highest salaries, while those in the East consistently receive the lowest compensation. This pattern holds across sectors and company sizes. 1 in 5 Nifty 50 CEOs earned ₹50 crore in FY24 The proportion of CEOs and managing directors at Nifty 50 firms earning more than ₹50 crore in FY24 has more than doubled since FY19. In FY24, 22 per cent of CEOs and MDs surpassed the ₹50 crore mark, compared to just 10 per cent five years earlier. Among the 10 promoter-CEOs, 30 per cent received compensation above ₹50 crore in FY24, up slightly from 27 per cent in FY19.
