Indian-origin Shankh Mitra named world’s second-highest paid CEO. Here’s what he earns

Shankh Mitra, an Indian-origin executive, has been named the world's second-highest paid CEO for 2023, according to a recent report. His total compensation for the year was $75.3 million, placing him just behind the top earner.

Mitra serves as the chief executive officer of a major real estate investment trust. His pay package includes a base salary, stock awards, and other incentives tied to company performance.

The ranking highlights the growing presence of Indian-origin leaders in top global corporate roles. Mitra's compensation reflects his company's strong financial results and stock price appreciation during the year.

The report noted that CEO pay at large U.S. firms has continued to rise, with median compensation reaching new highs. Mitra's earnings put him in the top tier of global executives.