Viaz Tyres Management
Management criteria checks 2/4
Viaz Tyres' CEO is Janakkumar Patel, appointed in Apr 2022, has a tenure of 2.17 years. total yearly compensation is ₹1.20M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 36.35% of the company’s shares, worth ₹264.49M. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.
Key information
Janakkumar Patel
Chief executive officer
₹1.2m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.2yrs |
| CEO ownership | 36.3% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹24m |
| Dec 31 2023 | n/a | n/a | ₹20m |
| Sep 30 2023 | n/a | n/a | ₹16m |
| Jun 30 2023 | n/a | n/a | ₹18m |
| Mar 31 2023 | ₹1m | ₹1m | ₹20m |
| Mar 31 2022 | ₹386k | n/a | ₹14m |
| Mar 31 2021 | ₹354k | ₹354k | ₹6m |
Compensation vs Market: Janakkumar's total compensation ($USD14.39K) is below average for companies of similar size in the Indian market ($USD37.85K).
Compensation vs Earnings: Janakkumar's compensation has increased by more than 20% in the past year.
CEO
Janakkumar Patel (37 yo)
2.2yrs
Tenure
₹1,200,000
Compensation
Mr. Janakkumar Mahendrabhai Patel is Chairman of Viaz Tyres Limited since October 18, 2022 and serves as its MD since April 12, 2022 and serves as its Director since March 10, 2020.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 2.2yrs | ₹1.20m | 36.35% ₹ 264.5m | |
| CFO & Whole Time Director | 2.2yrs | ₹1.10m | 11.07% ₹ 80.5m | |
| Company Secretary & Compliance Officer | 2.2yrs | no data | no data |
2.2yrs
Average Tenure
Experienced Management: VIAZ's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 4.3yrs | ₹1.20m | 36.35% ₹ 264.5m | |
| CFO & Whole Time Director | 4.3yrs | ₹1.10m | 11.07% ₹ 80.5m | |
| Independent Director | 2.2yrs | no data | no data | |
| Non-Executive Director | 2.2yrs | no data | 7.62% ₹ 55.5m | |
| Independent Director | 2.2yrs | no data | no data |
2.2yrs
Average Tenure
36yo
Average Age
Experienced Board: VIAZ's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.