Rane Holdings Management
Management criteria checks 2/4
Rane Holdings' CEO is Ganesh Lakshminarayan, appointed in May 2019, has a tenure of 37.92 years. directly owns 9.8% of the company’s shares, worth ₹1.85B. The average tenure of the management team and the board of directors is 4.9 years and 7.1 years respectively.
Key information
Ganesh Lakshminarayan
Chief executive officer
₹43.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 5yrs |
| CEO ownership | 9.8% |
| Management average tenure | 4.9yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹735m |
| Sep 30 2023 | n/a | n/a | ₹755m |
| Jun 30 2023 | n/a | n/a | ₹550m |
| Mar 31 2023 | ₹44m | n/a | ₹623m |
| Dec 31 2022 | n/a | n/a | ₹624m |
| Sep 30 2022 | n/a | n/a | ₹311m |
| Jun 30 2022 | n/a | n/a | ₹260m |
| Mar 31 2022 | ₹30m | n/a | ₹241m |
| Dec 31 2021 | n/a | n/a | ₹205m |
| Sep 30 2021 | n/a | n/a | ₹356m |
| Jun 30 2021 | n/a | n/a | ₹247m |
| Mar 31 2021 | ₹24m | n/a | -₹506m |
| Dec 31 2020 | n/a | n/a | -₹292m |
| Sep 30 2020 | n/a | n/a | -₹568m |
| Jun 30 2020 | n/a | n/a | -₹696m |
| Mar 31 2020 | ₹31m | n/a | -₹27m |
| Dec 31 2019 | n/a | n/a | ₹245m |
| Sep 30 2019 | n/a | n/a | ₹438m |
| Jun 30 2019 | n/a | n/a | ₹832m |
| Mar 31 2019 | n/a | n/a | ₹1b |
| Dec 31 2018 | n/a | n/a | ₹1b |
| Sep 30 2018 | n/a | n/a | ₹1b |
| Jun 30 2018 | n/a | n/a | ₹1b |
| Mar 31 2018 | ₹22m | ₹13m | ₹1b |
Compensation vs Market: Ganesh's total compensation ($USD524.75K) is above average for companies of similar size in the Indian market ($USD185.58K).
Compensation vs Earnings: Ganesh's compensation has increased by more than 20% in the past year.
CEO
Ganesh Lakshminarayan (69 yo)
5yrs
Tenure
₹43,802,498
Compensation
Mr. Ganesh Lakshminarayan, B.Com. ACA, MBA had been Non-Executive Chairman of Rane (Madras) Limited since October 24, 2006 until March 31, 2024 and serves as its Director since March 31, 2004. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 5yrs | ₹43.80m | 9.8% ₹ 1.8b | |
| Vice Chairman & Joint MD | 20.2yrs | ₹9.39m | 1.05% ₹ 198.8m | |
| Senior Vice President of Finance & CFO | 2.3yrs | ₹1.20m | no data | |
| Sr. Executive VP of Secretarial & Legal | no data | ₹5.57m | no data | |
| General Manager of Human Resource | no data | no data | no data | |
| Executive Vice President of Information Systems | no data | ₹4.04m | no data | |
| Group CFO & President of Finance | 5.8yrs | ₹12.38m | no data |
4.9yrs
Average Tenure
55yo
Average Age
Experienced Management: 505800's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 37.9yrs | ₹43.80m | 9.8% ₹ 1.8b | |
| Vice Chairman & Joint MD | 20.2yrs | ₹9.39m | 1.05% ₹ 198.8m | |
| Non-Executive & Independent Director | 8yrs | ₹270.00k | no data | |
| Non-Executive & Independent Director | 5yrs | ₹155.00k | no data | |
| Chairman Emeritus | 7.1yrs | ₹5.64m | 10.99% ₹ 2.1b | |
| Non-Executive & Independent Director | 6.8yrs | ₹240.00k | no data | |
| Non-Executive & Independent Director | less than a year | no data | no data |
7.1yrs
Average Tenure
69yo
Average Age
Experienced Board: 505800's board of directors are considered experienced (7.1 years average tenure).