Wipro top brass take pay cut, Premji’s salary halves

Recently, Cognizant’s filings had shown that the salary of its former CEO Brian Humphries dropped 9% to $17.9 million in 2023, from $19.6 million in the previous year. His non-equity based incentives also dropped from $4 million to $1.7 million. Wipro’s and Cognizant’s performances last year were among the weakest in their peer group.