Indra Nooyi earns 81 times more compensation than Warren Buffett
NEW YORK: Indra Nooyi, the India-origin CEO of beverages major PepsiCo, earns over 81 times more than the world's richest man Warren Buffett in terms of her annual pay packet, according to data compiled by executive search firm Equilar for the New York Times.
Nooyi received an annual compensation to the tune of $14.74 million in 2007 as compared to just $0.18 million drawn by Buffett who heads Berkshire Hathway, which is into life insurance and annuity sales, among others.
Another India-origin CEO Vikram Pandit, who is heading global banking giant Citigroup, takes home a compensation of about 17 times that of Buffet. In 2007, Pandit had an annual compensation of $ 3.16 million.
Further, Rajiv L Gupta, an India-origin CEO heading the speciality chemicals maker Rohm & Haas earns a compensation of $ 7.26 million, nearly 40 per cent higher than that of Buffett.
by GALIB
PGDM 3rd sem
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment