K. Krithivasan: The Man Behind TCS’s Success and Growth

 If you are wondering who is the highest-paid CEO in the Tata group, the answer is K. Krithivasan, the chief executive officer and managing director of Tata Consultancy Services (TCS), the IT giant that generated US $27.9 billion in revenue in FY23. He is also among the highest-paid IT executives in India, with an annual package of Rs 25.75 crore in 2021-22, according to Money Control.

Who is K. Krithivasan?

Krithivasan has been leading TCS since April 2021, succeeding Rajesh Gopinathan, who became the chief operating officer of Tata Sons. He has been with TCS for over three decades, assisting clients with technology strategies, development, and transformation journeys.

He started his career as a software engineer in 1989 and rose through the ranks to become the global head of the Banking, Financial Services, and Insurance (BFSI) Business Group, the largest and most profitable segment of TCS. He was instrumental in developing strong client relationships, mindshare, and market positioning globally.

He has a bachelor’s degree in Mechanical Engineering from the University of Madras and a master’s degree from IIT Kanpur. He also likes to read and is a fitness enthusiast.

What are his achievements?

Under Krithivasan’s leadership, TCS has reported a 17% increase in first-quarter profit in 2023 and is optimistic that customers will keep investing in technology initiatives for short- and long-term growth. He has also steered the company through a hiring scandal that surfaced in June 2023, when some employees were accused of faking their resumes and experience.

He has also been driving the company’s vision of becoming a leader in digital transformation, cloud computing, artificial intelligence, and cybersecurity. He has been focusing on expanding the company’s presence in new markets such as Europe, Japan, and Latin America. He has also been fostering a culture of innovation, diversity, and social responsibility within the company.

How does he compare with other CEOs?

Krithivasan is not only the highest-paid CEO in the Tata group but also one of the highest-paid CEOs in India. According to Times Now, he earns a basic salary of Rs 10 lakh per month, potentially earning Rs 16 lakh monthly including other benefits.

He is also among the top 10 highest-paid CEOs in the world, according to Forbes. He ranks ninth on the list with a total compensation of $36.6 million in 2021. He is ahead of other prominent CEOs such as Tim Cook of Apple, Elon Musk of Tesla, and Mark Zuckerberg of Facebook.

He is also one of the most respected and admired CEOs in the industry. He has received several awards and recognitions for his leadership and excellence. He was named among the Top 25 Most Influential Consultants by Consulting Magazine in 2015. He was also conferred the Distinguished Alumnus Award by IIT Kanpur in 2017.

What are his future plans?

Krithivasan has ambitious plans for TCS and its stakeholders. He aims to make TCS a $100 billion company by 2025, doubling its current revenue. He also wants to increase its market share in key sectors such as healthcare, retail, manufacturing, and telecom. He also wants to enhance its capabilities in emerging technologies such as blockchain, quantum computing, and biometrics.

He also wants to make TCS a more sustainable and responsible company. He has committed to achieving net-zero carbon emissions by 2030. He has also pledged to invest more in social initiatives such as education, health, environment, and women empowerment.

He also wants to make TCS a more attractive employer for talent. He has announced plans to hire over 40,000 freshers in India this year and increase its global workforce to over 700,000 by 2025. He has also introduced new policies such as work-from-anywhere, flexible hours, and wellness programs to improve employee engagement and satisfaction.

Krithivasan is undoubtedly one of the most successful and influential CEOs in India and the world. He is an inspiration for many aspiring leaders who want to make a difference in their fields. He is a true example of how hard work, passion, and vision can take you to great heights.