 "ceo salary")
Just two decades ago, it would be unheard of anyone aside from promoters in large listed firms to take home amounts that run into millions of dollars. However, the advent of long-term incentive programmes, rise of capital markets and general awareness about global remuneration trends has changed all that.
The question is, how is the larger variable component in a salary being structured by the nomination and remuneration committees (NRCs) of boards? Former HSBC Asia-Pacific CEO Aman Mehta, who also chairs several NRCs as an independent director at large listed companies, says the principles have not changed but materially what
