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Last Updated : Feb 13, 2017 10:26 PM IST | Source: CNBC-TV18

Infosys mgmt should have last word on CEO's pay: Marico chief

The founders of the company can give their valid advise to the board. The board too has to be open about founders' opinion. But in the end, it is up to the board to decide what is reasonable, and what isn't.

A high pay package is very important to attract and retain talented individuals, says Harsh Mariwala, Chairman and Managing Director of Marico. The board of Infosys, he says, can and should decide CEO Vishal Sikka's compensation.

The founders of the company can give their valid advise to the board. The board too has to be open about founders' opinion. But in the end, it is up to the board to decide what is reasonable, and what isn't.

Mariwala feels this entire debate between the founders and the board should have been kept private and this issue should have been dealt with privately.

Watch video for more.
First Published on Feb 13, 2017 09:52 pm
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