New Delhi, July 30 -- The average compensation for Chief Executive Officers (CEOs) in India's listed companies touched Rs 7.2 crore, growing at an annual rate of 9 per cent over the last decade, according to a report by executive search firm Resource Bridge.

The report observed that Chief Financial Officers (CFOs), by comparison, drew an average of Rs 2.3 crore, with compensation levels rising 1.7 times over the same period.

The report indicates that CEO compensation has doubled in the last 10 years, while CFO pay has registered a significant, though relatively moderate, growth.

"CEO's compensation more than doubled, from Rs 3.3 crore in FY15, to Rs 7.2 crore in FY24 - a 9 per cent CAGR growth over a 10-year period," the report finds....