# FMCG firms raise CEO pay despite weak volume growth 2026-08-07T09:56:56+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet India’s largest consumer goods companies paid top executives more and appointed new leaders in FY26, even as demand and volume growth stayed subdued. Marico CEO Saugata Gupta received the highest total remuneration at Rs 47.24 crore, equal to 327.16 times the average employee salary. HUL’s Priya Nair received Rs 18.19 crore after becoming CEO in August, while Nestle’s Manish Tiwary drew Rs 26 crore. Britannia’s Rakshit Hargave received Rs 8.52 crore after a prolonged search. Executive search firm Odgers said companies are paying a premium for leaders with experience in supply chains, mergers, innovation and new businesses. FMCG firms also increased variable pay linked to performance. Demand improved late in the year, with Q4 volume growth at 6% for HUL and Dabur, and 8% for Marico’s India business. ## Coverage - livemint.com Tags: CEO pay, consumer demand, corporate leadership, executive compensation, FMCG Canonical: https://indianopinion.org/fmcg-firms-raise-ceo-pay-despite-weak-volume-growth/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/fmcg-firms-raise-ceo-pay-despite-weak-volume-growth/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.