Apollo Tyres Management

Management criteria checks 2/4

Apollo Tyres' CEO is Neeraj Kanwar, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is ₹284.12M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth ₹337.39M. The average tenure of the management team and the board of directors is 9.1 years and 9.1 years respectively.

Key information

Neeraj Kanwar

Chief executive officer

₹284.1m

Total compensation

CEO salary percentage13.9%
CEO tenure1.3yrs
CEO ownership0.1%
Management average tenure9.1yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neeraj Kanwar's remuneration changed compared to Apollo Tyres's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹18b

Sep 30 2023n/an/a

₹16b

Jun 30 2023n/an/a

₹13b

Mar 31 2023₹284m₹39m

₹11b

Dec 31 2022n/an/a

₹8b

Sep 30 2022n/an/a

₹7b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹123m₹39m

₹6b

Dec 31 2021n/an/a

₹8b

Sep 30 2021n/an/a

₹10b

Jun 30 2021n/an/a

₹6b

Mar 31 2021₹368m₹39m

₹4b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹203m₹39m

₹5b

Dec 31 2019n/an/a

₹5b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹6b

Mar 31 2019₹352m₹42m

₹7b

Dec 31 2018n/an/a

₹8b

Sep 30 2018n/an/a

₹9b

Jun 30 2018n/an/a

₹9b

Mar 31 2018₹446m₹43m

₹7b

Compensation vs Market: Neeraj's total compensation ($USD3.41M) is above average for companies of similar size in the Indian market ($USD566.16K).

Compensation vs Earnings: Neeraj's compensation has increased by more than 20% in the past year.


CEO

Neeraj Kanwar (52 yo)

1.3yrs

Tenure

₹284,120,000

Compensation

Mr. Neeraj Singh Kanwar, BSc, ACMS, has been the Managing Director of Apollo Tyres Ltd., since 2009 and serves as its Member of Management Board. Mr. Kanwar serves as Non-Executive & Non-Independent Direct...


Leadership Team

NamePositionTenureCompensationOwnership
Onkar Kanwar
Chairman & Member of Management Board41.9yrs₹279.09m0.016%
₹ 50.3m
Neeraj Kanwar
Vice Chairman1.3yrs₹284.12m0.11%
₹ 337.4m
Sunam Sarkar
President9.3yrs₹5.88mno data
Gaurav Kumar
CFO, Legal & Member of Management Board14.3yrs₹89.46mno data
Satish Sharma
Whole Time Director10.3yrs₹99.70mno data
P. Mohamed
Chief Advisor of Research & Development and Member of Management Boardno data₹39.17mno data
Kannan Prabhakar
Chief of Projects & Member of Management Boardno data₹48.66mno data
Francesco Gori
Advisor of Strategy8.5yrs₹5.73mno data
Seema Thapar
Compliance Officer & Company Secretary9.1yrs₹10.21mno data
Yoichi Sato
Chief Quality & Safety Officerno data₹48.31mno data
Markus Korsten
Chief Manufacturing Officer & Member of Management Boardno datano datano data
Daniele Lorenzetti
Chief Technology Officer & Member of Management Board7.6yrsno datano data

9.1yrs

Average Tenure

57yo

Average Age

Experienced Management: 500877's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Onkar Kanwar
Chairman & Member of Management Board41.9yrs₹279.09m0.016%
₹ 50.3m
Neeraj Kanwar
Vice Chairman25yrs₹284.12m0.11%
₹ 337.4m
Sunam Sarkar
President20.3yrs₹5.88mno data
Satish Sharma
Whole Time Director5.1yrs₹99.70mno data
Francesco Gori
Advisor of Strategy8.3yrs₹5.73mno data
Vishal Mahadevia
Non-Executive Non-Independent Director3.8yrsno datano data
Vinod Rai
Non-Executive Independent Director8.3yrs₹5.96mno data
Vikram Mehta
Non-Executive Independent Director11.3yrs₹5.76m0.00094%
₹ 3.0m
Pallavi Shroff
Non-Executive Independent Director10yrs₹5.72mno data
Akshay Kumar Chudasama
Non-Executive Independent Director10.5yrs₹5.92mno data
Francesco Crispino
Independent Director3.8yrsno datano data
Lakshmi Puri
Independent Director2.6yrs₹5.67mno data

9.1yrs

Average Tenure

62yo

Average Age

Experienced Board: 500877's board of directors are considered experienced (9.1 years average tenure).


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