Varroc Engineering Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Tarang Jain
Chief executive officer
₹64.1m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 36.4yrs |
| CEO ownership | 61.9% |
| Management average tenure | 2.4yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹5b |
| Mar 31 2024 | ₹64m | ₹64m | ₹5b |
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹938m |
| Mar 31 2023 | ₹52m | ₹52m | ₹361m |
| Dec 31 2022 | n/a | n/a | -₹365m |
| Sep 30 2022 | n/a | n/a | -₹861m |
| Jun 30 2022 | n/a | n/a | -₹686m |
| Mar 31 2022 | ₹52m | ₹52m | -₹814m |
| Dec 31 2021 | n/a | n/a | -₹10b |
| Sep 30 2021 | n/a | n/a | -₹8b |
| Jun 30 2021 | n/a | n/a | -₹6b |
| Mar 31 2021 | ₹26m | n/a | ₹755m |
| Dec 31 2020 | n/a | n/a | -₹5b |
| Sep 30 2020 | n/a | n/a | -₹5b |
| Jun 30 2020 | n/a | n/a | -₹4b |
| Mar 31 2020 | ₹52m | n/a | ₹2m |
Compensation vs Market: Tarang's total compensation ($USD762.32K) is above average for companies of similar size in the Indian market ($USD364.77K).
Compensation vs Earnings: Tarang's compensation has increased by more than 20% in the past year.
CEO
Tarang Jain (63 yo)
36.4yrs
Tenure
₹64,050,000
Compensation
Mr. Tarang Jain serves as Independent Director at TCPL Packaging Limited since November 23, 2023. He serves as the Executive Non-Independent Chairman of the Board at Varroc Engineering Limited since Novemb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | no data | ₹64.05m | 61.91% ₹ 54.1b | |
| Group Chief Financial Officer | 2.1yrs | ₹33.58m | no data | |
| CEO of Varroc – Business I & Director | 9.2yrs | ₹22.86m | 0.0033% ₹ 2.9m | |
| President of Metallic | 1.8yrs | ₹16.17m | no data | |
| Head of Tech Center | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 4.8yrs | ₹14.92m | 0.0051% ₹ 4.5m | |
| Chief Sales & Marketing Officer and Senior VP | no data | no data | no data | |
| Global Chief Human Resource Officer | 5.8yrs | no data | no data | |
| CEO of Varroc – Business II & Director | 2.8yrs | ₹4.94m | no data | |
| Chief Operations Offer of Varroc - Business I | less than a year | no data | no data | |
| Group Chief Internal Auditor & Risk Officer | 1.2yrs | no data | no data |
2.4yrs
Average Tenure
56yo
Average Age
Experienced Management: 541578's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Non-Independent Chairman of the Board & MD | 36.4yrs | ₹64.05m | 61.91% ₹ 54.1b | |
| CEO of Varroc – Business I & Director | 6.2yrs | ₹22.86m | 0.0033% ₹ 2.9m | |
| President of Metallic | 1.2yrs | ₹16.17m | no data | |
| CEO of Varroc – Business II & Director | 2.1yrs | ₹4.94m | no data | |
| Independent Non-Executive Director | 7.3yrs | ₹3.50m | 0.00046% ₹ 401.9k | |
| Independent Non-Executive Director | 13.6yrs | ₹3.40m | no data | |
| Independent Non-Executive Director | 7.3yrs | ₹2.15m | no data | |
| Independent Non-Executive Director | 6.7yrs | ₹3.32m | no data |
7.0yrs
Average Tenure
63yo
Average Age
Experienced Board: 541578's board of directors are considered experienced (7 years average tenure).