Industrial Bank Management
Management criteria checks 1/4
Industrial Bank's CEO is Xinjian Chen, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is CN¥1.61M, comprised of 67.4% salary and 32.6% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth CN¥2.46M. The average tenure of the management team and the board of directors is 1.2 years and 2.8 years respectively.
Key information
Xinjian Chen
Chief executive officer
CN¥1.6m
Total compensation
| CEO salary percentage | 67.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.0007% |
| Management average tenure | 1.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CN¥72b |
| Dec 31 2023 | n/a | n/a | CN¥73b |
| Sep 30 2023 | n/a | n/a | CN¥80b |
| Jun 30 2023 | n/a | n/a | CN¥85b |
| Mar 31 2023 | n/a | n/a | CN¥85b |
| Dec 31 2022 | CN¥2m | CN¥1m | CN¥87b |
| Sep 30 2022 | n/a | n/a | CN¥86b |
| Jun 30 2022 | n/a | n/a | CN¥83b |
| Mar 31 2022 | n/a | n/a | CN¥82b |
| Dec 31 2021 | CN¥1m | n/a | CN¥78b |
| Sep 30 2021 | n/a | n/a | CN¥76b |
| Jun 30 2021 | n/a | n/a | CN¥71b |
| Mar 31 2021 | n/a | n/a | CN¥67b |
| Dec 31 2020 | CN¥1m | CN¥856k | CN¥64b |
| Sep 30 2020 | n/a | n/a | CN¥61b |
| Jun 30 2020 | n/a | n/a | CN¥59b |
| Mar 31 2020 | n/a | n/a | CN¥66b |
| Dec 31 2019 | CN¥1m | n/a | CN¥64b |
| Sep 30 2019 | n/a | n/a | CN¥63b |
| Jun 30 2019 | n/a | n/a | CN¥61b |
| Mar 31 2019 | n/a | n/a | CN¥61b |
| Dec 31 2018 | CN¥948k | n/a | CN¥59b |
| Sep 30 2018 | n/a | n/a | CN¥59b |
| Jun 30 2018 | n/a | n/a | CN¥58b |
| Mar 31 2018 | n/a | n/a | CN¥57b |
| Dec 31 2017 | CN¥902k | n/a | CN¥56b |
Compensation vs Market: Xinjian's total compensation ($USD221.59K) is below average for companies of similar size in the CN market ($USD358.91K).
Compensation vs Earnings: Xinjian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Xinjian Chen (56 yo)
less than a year
Tenure
CN¥1,605,800
Compensation
Mr. Xinjian Chen has been Vice Chairman of the board and President at Industrial Bank Co., Ltd. since October 11, 2023 and served as Chairman of the Board of Supervisors at Industrial Bank Co., Ltd. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 2.8yrs | CN¥1.62m | no data | |
| Vice Chairman & President | less than a year | CN¥1.61m | 0.00072% CN¥ 2.5m | |
| VP & Director | 7.7yrs | CN¥1.52m | 0.00048% CN¥ 1.6m | |
| Secretary of the Board of Directors | 1.7yrs | CN¥1.63m | 0.00049% CN¥ 1.7m | |
| GM of Planning & Finance Department and Supervisor | no data | CN¥3.14m | 0.00048% CN¥ 1.6m | |
| Vice President | 1.2yrs | no data | 0.00067% CN¥ 2.3m | |
| Vice President | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
55yo
Average Age
Experienced Management: 601166's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 2.8yrs | CN¥1.62m | no data | |
| Vice Chairman & President | less than a year | CN¥1.61m | 0.00072% CN¥ 2.5m | |
| VP & Director | 2.8yrs | CN¥1.52m | 0.00048% CN¥ 1.6m | |
| GM of Planning & Finance Department and Supervisor | 16.5yrs | CN¥3.14m | 0.00048% CN¥ 1.6m | |
| Independent Director | 2.8yrs | CN¥298.20k | no data | |
| Non-Executive Director | 8.8yrs | no data | no data | |
| Non-executive Director | 2.8yrs | no data | no data | |
| Independent Director | 2.8yrs | CN¥300.00k | no data | |
| Independent Director | 2.3yrs | CN¥256.70k | no data | |
| Independent Director | 2.1yrs | CN¥241.60k | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
2.8yrs
Average Tenure
56yo
Average Age
Experienced Board: 601166's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.