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Air India CEO Got Pay Hike a Fortnight Before Crash
Mint Mumbai
|June 24, 2025
Under the new package, Campbell Wilson stands to earn up to ₹27.75 cr
A fortnight before the country's worst civil aviation disaster in almost three decades involving one of its flights, Tata-owned Air India's board handed its CEO Campbell Wilson, a new salary, under which he stands to earn up to ₹27.75 crore.
This would be a 46% jump from the ₹18.98 crore he earned in 2023-24, according to Air India's filings. Wilson walked into the corner room in July 2022 and was promised a salary of up to ₹21.50 crore.
The new remuneration package—which is effective 1 April 2025 and includes a fixed salary of ₹11.1 crore, ₹8.32 crore in performance-linked bonuses, and ₹8.32 crore in long-term stock incentives—was approved by the company's board on 27 May. This implies that about 60% of Wilson's current salary is tied to the airline's performance. Air India's ill-fated flight from Ahmedabad to London crashed on 12 June.
Dit verhaal komt uit de June 24, 2025-editie van Mint Mumbai.
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