Former Tata Consultancy Services CEO Rajesh Gopinathan earned Rs 29.16 crore in FY23, up 13.17% over FY22, the company stated in its annual report. His compensation rose 26.6% in FY22. Gopinathan was the fifth-highest-paid CEO within the Indian IT services sector earning a compensation of Rs 25.75 crore. As of June 2023, K Krithivasan has taken over as the CEO of TCS following the abrupt resignation of Gopinathan, four years ahead of the scheduled end of his term. "TCS has done well in a volatile global environment in the year gone by," chairman N Chandrasekaran wrote in a letter to the shareholders.