Tata Motors' Managing Director and CEO Guenter Butschek's remuneration was ₹26.29 crore in FY19, an increase of 1.57% from the previous year, as per the company's annual report. This was over twice of Mahindra & Mahindra Managing Director Pawan Goenka's total remuneration of ₹12.19 crore for FY19. Goenka's remuneration was at a marginal decline of 0.16% from the previous fiscal.