PepsiCo chief Indra Nooyi got $18.6-m pay package in 2013

Written by PTI | New York | Updated: Mar 23 2014, 10:19am hrs
PepsiCo has given its India-born chief Indra Nooyi a pay package of $18.6 million (about R113 crore) for 2013, a 7% hike from the previous year. The beverages-and-snacks giant awarded Nooyi a total direct compensation of $18.6 million for 2013, as against $17.4 million in the preceding year and $16.6 million for 2011.

Nooyis 2013 compensation included $1.6 million in base salary, performance-based bonus of $4 million, PepsiCo equity performance units worth $7.8 million and long-term cash awards valued at $5.2 million.

Other pay last year included $102,772 for use of the company aircraft and $30,463 for ground transportation.