India’s largest mobile operator, Bharti Airtel announced the appointment of Sunil Bharti Mittal as the Executive Chairman of the company. Read more
Tag: CEO
PepsiCo chief Indra Nooyi gets $17 million in compensation
Mar. 24 Business Comments Off
The top stories from the business world state that the PepsiCo’s Indian-born chairman and chief executive Indra Nooyi had grabbed around $17.1 million in compensation in the last year, a growth of almost 5.8 percent compared to her 2012 package.
The hike is generally due to changes in the values of Indra Nooyi’s retirement benefits at PepsiCo. The statement was released by the Securities and Exchange Commission filing released on Friday.
Meanwhile, the 56-year-old, Nooyi, who has been the CEO of the company since 2006, received a 2011 annual incentive award of $2.5 million, which is 22 percent below her performance-based target. Nooyi got a last year long-term incentive award valued at $9.4 million. Read more
