India's second largest software services exporter, Infosys Ltd will pay its new chief executive officer [CEO] Vishal Sikka USD 5.08 million in annual salary besides a stock option of USD 2 million, a package considered lower than global peers. The Extraordinary General Meeting [EGM] of the company shareholders will be gathering on July 30th to approve the appointment of Mr. Sikka as new CEO. The 47 year old Sikka will take charge on August 1st replacing SD Shibulal.
