Marico's Saugata Gupta loses top spot in FMCG CEO pay scale

Marico CEO Saugata Gupta saw a 6% decline in his annual salary in the last financial year, causing him to fall to the second spot on the list of highest-paid CEOs in the fast-moving consumer goods sector. Gupta, who held the top spot for two consecutive years, has been replaced by Sanjiv Puri of ITC Ltd.