Sanjeev Puri is known as the Chairman and Managing Director of ITC Limited. Sanjiv Puri is one of India’s leading corporate professionals with years of strategic vision and impact as a leader. He has significantly added to diversified growth in ITC. Below, this article has an in-depth discussion on the net worth of Sanjiv Puri, educational background, family life, and achievements.
Who is Sanjiv Puri?
Sanjiv Puri is the current Chairman and Managing Director of ITC Limited. Sanjiv Puri, India’s best-known diversified conglomerate, has led ITC into all major growth sectors such as FMCG, agribusiness, and hospitality. Decades of experience sown by Puri into the belt of leadership develop sustainability, innovation, and growth.
Sanjiv Puri Net Worth
Estimation of Sanjiv Puri net worth is around $15–20 million in USD or ₹120–160 crore in INR, all calculated based on estimates as of 2024. Most of his income is received as a corporate role in ITC Limited. All his remuneration comes with a hefty cash salary compensation, stock options, and performance-driven bonuses.
| Basic salary | ₹3.12 crore |
| Perquisites and other benefits | ₹57.70 lakh |
| Performance bonus/Long-term incentives | ₹21.48 crore |
Sources of Income
- Salary and Allowances: Sanjiv Puri receives multi-crore annual salaries with a performance-linked bonus as chairman and MD, ITC.
- Equity Holdings: ITC also as shareholding; he makes more money out of that share because they always rank in the stock market.
- Benefits and Privileges: Puri, being the top executive, enjoys housing and travel allowances amongst other corporate facilities.
Sanjiv Puri Education
Sanjiv Puri’s education evolves from his academic excellence in giving him a strong foundation in engineering and management.
- Undergraduate: Sanjiv Puri graduated from the Indian Institute of Technology (IIT), Kanpur, which is one of India’s most distinguished institutions for engineering with an Engineering degree.
- Postgraduate: He did his post-graduate study at Wharton School of Business, University of Pennsylvania. There, he specialized in management and leadership.
Sanjiv Puri had a great academic background that later led to a perfect corporate career.
Sanjiv Puri Family
Though highly reclusive about his personal life, though, his family has always been in the core of all his achievements.
- Marital Life: Puri is married, and he does not like to expose this wife’s name. However, he is believed to be supported by her as much as anyone should support someone, as well-being for professional commitments and the private life is demanded.
- Children: He has children too with whom, it is said, are busy with their respective careers and keep a well-guarded private life behind the veil.
Puri has always credited his values and work ethos to his upbringing that brought in a strong foundation to his life.
Professional Life of Sanjiv Puri
Career
Sanjiv Puri joined ITC as a management trainee way back in 1986. His early jobs did have some connection to operational management as well as strategic planning; such jobs have kept him exposed to heavy experiences in the core businesses of the firm.
Key Milestones
- Operational Excellence: Puri has also worked on some critical profiles of the firm, for example, heading the FMCG and agribusiness arms of the company.
- Sustainability Leadership: During the entire period he has worked here, he has pursued the cause of sustainability and corporate social responsibility at ITC to its best.
- Digital Transformation: He encouraged adoption of technology across all business verticals of the company so that ITC was not left behind in this fast-changing marketplace.
Appointment as CMD
In 2019, Appointed Sanjiv Puri as the Chief Executive of ITC. During his tenure the company has diversified and reached the international standards regarding sustainability and innovation.
Sanjiv Puri Leadership at ITC
Strategic Initiatives
Sanjiv Puri has brought ITC into:
- New FMCG Categories: the diversification has included personal care, packaged foods, and stationery, and new products.
- Sustainability Projects: eco-friendly manufacturing practice and rural hubs.
Awards and Recognition
Sanjiv Puri has been a leadership figure at ITC. Under his leadership, the corporation enjoys an array of awards, including sustainability-related awards aside from a worldwide reputation for corporate excellence.
Philanthropy and Social Contributions
Aside from his corporate life, Sanjiv Puri is also known for his philanthropic initiatives. His thrust areas lie in the spheres of education, rural development, and environmental conservation work. His social programs mirror the concept of inclusive growth, evident from ITC’s e-Choupal and Women Empowerment projects.
Conclusion
If there is a leader that makes profits with professional acumen combined with a strong personal sense of values who combines income and education with family life, that will be referred to as Sanjiv Puri. He has certainly ridden high on the power of sustainability and innovation to fortify his legacy as one of India’s foremost business leaders. His trajectory from IIT Kanpur to the top of ITC is a testimonial for hard work, vision, and dedication.
Also read: Mrunal Thakur Husband, Age, Marriage, Relationships, and Personal Life
FAQ
Q: What is Sanjiv Puri education qualification?
Sanjiv Puri is a BTech Engineer graduate from IIT Kanpur and has since acquired learning experience from the Wharton School of Business .
Q: Sanjiv Puri net worth?
Sanjiv Puri’s approximate net worth is around $15-20 million USD or ₹ 120-160 crores INR.
Q: Describe the Sanjiv Puri family today?
Sanjiv Puri is married with children whom Sanjiv Puri keeps low profile about.
