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The 35 Most Highly Compensated Channel CEOs In 2015
Michael Novinson and Jimmy Sheridan
33. Nitin Rakesh, Syntel: $1.06M
Stock Award: $380,000
Bonus: $325,000
Salary: $311,000
Other Compensation: $35,000
Deferred Compensation: $8,000
The fiscal year for Syntel, No. 38 on the CRN SP 500, ended Dec. 31, with the company’s full-year revenue increasing 6 percent, to $968.6 million, and net income climbing 1.1 percent, to $252.5 million.
Other compensation for Rakesh includes $32,000 for the cost of providing a car and driver, $800 in premiums for medical, accidental death and life insurance coverage, $700 in telephone expense reimbursement, a $400 meal allowance and a $300 contribution to India's social security fund.
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