C-suite remuneration across a dozen-plus leading pharma companies in India was generally up in 2021-22 but pay hikes varied sharply across firms in the fiscal year also marked by a flurry of CEO exits. Abbott India Ltd., Pfizer Ltd. (India), Sanofi India Ltd., GlaxoSmithKline Pharmaceuticals Ltd. and Aurobindo Pharma Limited saw changes at the helm during 2022.
CEO Pay Mostly Up In India In Year Of C-Suite Exits
Most CEOs/MDs at leading listed foreign and domestic drug firms in India took home bigger pay packages in 2021-22, a period that also saw several top-level exits including at Abbott, Pfizer and Sanofi. Scrip examines some of the wider trends around executive compensation.
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