India Globalization Capital CEO Ram Mukunda's 2019 pay jumps 52% to $713K
India Globalization Capital reports 2019 executive compensation
By ExecPay News
Published: December 13, 2019
India Globalization Capital reported fiscal year 2019 executive compensation information on December 13, 2019.
In 2019, two executives at India Globalization Capital received on average a compensation package of $505K, a 125% increase compared to previous year.
Average pay of disclosed executives at India Globalization Capital
Ram Mukunda, Chief Executive Officer, received $713K in total, which increased by 52% compared to 2018. 42% of Mukunda's compensation, or $300K, was in salary. Mukunda also received $100K in bonus, $277K in stock awards, as well as $35K in other compensation.
Claudia Grimaldi, Vice President, PFO, received a compensation package of $297K, which increased by 40% compared to previous year. 49% of the compensation package, or $145K, was in salary.
India Globalization Capital's fiscal year ends on March 31.
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Source: SEC filing on December 13, 2019.