India’s Million-Dollar CEO Salary Club Expands in FY25: Professional CEOs Overtake Promoters as Executive Pay Shifts to Performance
The number of professional CEOs earning over $1 million at BSE 200 companies rose 71% to 145 in FY25, according to Stanton Chase. Promoter CEOs in the same bracket increased slightly to 65. IT and ITeS firms saw the sharpest pay increases, with manufacturing compensation up 34%. Boards are linking pay more closely to performance and equity.