People: HCL Technologies Ltd (HCLT.NS)
23 Feb 2017
Mr. Shiv Nadar has been appointed as Executive Chairman of the Board, Chief Strategy Officer, Managing Director of the Company effective Feb 1st, 2017. He was Executive Chairman of the Board, Chief Strategy Officer of HCL Technologies Ltd. He is an Electrical Engineer from Coimbatore in South India. Mr. Shiv Nadar established HCL as a startup in 1976. Acknowledged as a visionary by the IT industry and his peers, Mr. Shiv Nadar has often made daring forays based on his conviction of the future. The University of Madras and IIT Kharagpur awarded him an Honorary Doctorate Degree in Science for his outstanding contribution to IT in India. In recognition of his pioneering role in business and philanthropy in India and across the globe, Mr. Nadar has received several honours and accolades, notable being the Padma Bhushan from the President of India in 2008 and the BNP Paribas Grand Prize for Individual Philanthropy in 2013, the AIMA Managing India Corporate Citizen Award, the ICSI Lifetime Achievement Award for excellence in Corporate Governance and the Golden Peacock Award for Social Leadership in 2014. He has been named as the Outstanding Philanthropist of the Year in 2015 by Forbes. Determined to give back to the society that supported him, Mr. Nadar has been quietly supporting many significant social causes through the Shiv Nadar Foundation. The Foundation has established the not-for-profit SSN College of Engineering in Chennai, ranked among India’s top ranked private engineering colleges. A young and a unique research-led interdisciplinary Shiv Nadar University has been identified as India’s first Ivy League institution. The Foundation is also running “VidyaGyan” schools in Uttar Pradesh that provide free, world class education to rural toppers from economically disadvantaged backgrounds.
|Total Annual Compensation, INR||28,005,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||2,200,000|
|Fiscal Year Total, INR||30,205,000|