Hindustan Unilever releases details salary increases for top executives

Hindustan Unilever releases details salary increases for top executives

Hindustan Unilever has released its salary data for the last fiscal year, according to a report published Business Insider.

The company paid out Rs14.2 crore to CEO and Managing Director Sanjiv Mehta, while Chief Financial Officer P B Balaji received Rs8.33 crore – both had their salaries frozen for 2016-17.

Pradeep Banerjee, Executive Director for Supply Chain, and Executive Director for Legal & Corporate Affairs, Dev Bajpai, both saw their stipends rise 8 percent to Rs4.75 crore and Rs4.69 crore respectively.

On average, managerial staff received a pay rise of 3.1 percent, while those in non-managerial roles saw their salaries increase 5.57 percent.   

 

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