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Hindustan Unilever chief's salary drops even as profit increases
short by Krishna Veera Vanamali / on Tuesday, 4 June, 2019
Sanjiv Mehta, Chairman and Managing Director at Hindustan Unilever, received a pay package of ₹18.88 crore for 2018-19, a drop of 2.5% from the previous year. This comes even as the consumer goods giant posted a 16% increase in profit to ₹6,054 crore for the year. Mehta saw his bonus halve to ₹2.73 crore, compared to ₹5.58 crore in 2017-18.
read more at Bloomberg Quint