Monday, June 2, 2008

Nooyi Trumps Buffett in pays

Ms Indra Nooyi,the Indian origin CEO of Pepsico,earn over 81 times more than the world richestman,Mr Warran Buffett,in term of the annual pay packet,according to data complied by search firm equilar for the New York Times.
Ms nooyi received an annual compensation to the tune of $14.74 million in 2007 as compared to $0.18 million draws by Mr Buffett who heads berkshire hathway,which is into life insuranceand annuity sales,amongs others.

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