Cognizant CEO Ravi Kumar sees 11% pay hike, takes home $16.1 million in 2024

Cognizant Technology Solutions has disclosed in its latest regulatory filing that its Chief Executive Officer, Ravi Kumar, received a total annual compensation of $16.1 million for 2024, marking an 11% increase from the previous year.

In 2023, Kumar’s total compensation stood at $22.6 million, boosted by a significant one-time equity award granted at the time of his appointment as CEO. Excluding that, his 2024 earnings reflect a steady rise driven by performance incentives and stock vesting.