CEO Salary Paycut

With Indian equity markets underperforming over the past 12-18 months and geopolitical uncertainties rising, companies have taken a cautious approach to compensation.

Chinese authorities have been probing PwC's role in auditing China Evergrande Group after the securities regulator accused the troubled property developer in March of a $78-billion fraud

Winters' total renumeration dropped to £3.8 million, down from £5.4 million in 2019

Pay package of CEO Rajesh Gopinathan fell 16% in last fiscal

In all the cases, sectoral turmoil and a fall in the company's performance are the cause