HLE Glascoat Management
Management criteria checks 4/4
HLE Glascoat's CEO is Himanshu Patel, appointed in Dec 2016, has a tenure of 7.42 years. total yearly compensation is ₹17.07M, comprised of 59.3% salary and 40.7% bonuses, including company stock and options. directly owns 27.08% of the company’s shares, worth ₹8.33B. The average tenure of the management team and the board of directors is 2.1 years and 7.4 years respectively.
Key information
Himanshu Patel
Chief executive officer
₹17.1m
Total compensation
| CEO salary percentage | 59.3% |
| CEO tenure | 7.4yrs |
| CEO ownership | 27.1% |
| Management average tenure | 2.1yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹451m |
| Sep 30 2023 | n/a | n/a | ₹544m |
| Jun 30 2023 | n/a | n/a | ₹637m |
| Mar 31 2023 | ₹17m | ₹10m | ₹698m |
| Dec 31 2022 | n/a | n/a | ₹703m |
| Sep 30 2022 | n/a | n/a | ₹657m |
| Jun 30 2022 | n/a | n/a | ₹594m |
| Mar 31 2022 | ₹18m | ₹10m | ₹582m |
| Dec 31 2021 | n/a | n/a | ₹528m |
| Sep 30 2021 | n/a | n/a | ₹619m |
| Jun 30 2021 | n/a | n/a | ₹602m |
| Mar 31 2021 | ₹16m | ₹8m | ₹523m |
| Dec 31 2020 | n/a | n/a | ₹453m |
| Sep 30 2020 | n/a | n/a | ₹391m |
| Jun 30 2020 | n/a | n/a | ₹367m |
| Mar 31 2020 | ₹13m | ₹8m | ₹382m |
| Dec 31 2019 | n/a | n/a | ₹287m |
| Sep 30 2019 | n/a | n/a | ₹98m |
| Jun 30 2019 | n/a | n/a | ₹82m |
| Mar 31 2019 | ₹6m | ₹5m | ₹179m |
| Dec 31 2018 | n/a | n/a | ₹76m |
| Sep 30 2018 | n/a | n/a | ₹67m |
| Jun 30 2018 | n/a | n/a | ₹64m |
| Mar 31 2018 | ₹5m | ₹4m | ₹54m |
Compensation vs Market: Himanshu's total compensation ($USD204.56K) is about average for companies of similar size in the Indian market ($USD266.34K).
Compensation vs Earnings: Himanshu's compensation has been consistent with company performance over the past year.
CEO
Himanshu Patel (71 yo)
7.4yrs
Tenure
₹17,065,000
Compensation
Mr. Himanshu Khushalbhai Patel serves as Managing Director at HLE Glascoat Limited since December 31, 2016. He had been Executive Chairperson of HLE Glascoat Limited (formerly known as Swiss Glascoat Equip...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Director | 7.4yrs | ₹17.07m | 27.08% ₹ 8.3b | |
| Vice President of Operations | no data | ₹7.00m | no data | |
| Executive Director of Technical & Whole-Time Director | no data | ₹8.19m | 1.38% ₹ 425.3m | |
| Vice President of Marketing | no data | ₹6.20m | no data | |
| Whole-Time Director | 1.6yrs | ₹3.05m | 12.94% ₹ 4.0b | |
| Vice President of People Success | no data | ₹6.50m | no data | |
| Vice President of Sales & Marketing - South | no data | ₹4.90m | no data | |
| Vice President of Product Excellence | no data | ₹2.65m | no data | |
| Chief Financial Officer | 2.2yrs | no data | no data | |
| Company Secretary & Compliance Officer | 2yrs | no data | no data | |
| Senior General Manager of Sales & Marketing | no data | ₹3.88m | no data | |
| General Manager of Human Resources | no data | ₹3.90m | no data |
2.1yrs
Average Tenure
46yo
Average Age
Experienced Management: 522215's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director of Technical & Whole-Time Director | 7.4yrs | ₹8.19m | 1.38% ₹ 425.3m | |
| Whole-Time Director | 7.4yrs | ₹3.05m | 12.94% ₹ 4.0b | |
| Independent Chairman & Lead Independent Non Executive Director | 7yrs | ₹75.00k | no data | |
| Non-Executive Director | 7.4yrs | ₹75.00k | 25.18% ₹ 7.7b | |
| Independent Non Executive Director | 7.4yrs | ₹75.00k | no data | |
| Independent Non Executive Director | 7yrs | ₹75.00k | no data | |
| Independent Non Executive Director | 5.5yrs | ₹60.00k | no data |
7.4yrs
Average Tenure
59yo
Average Age
Experienced Board: 522215's board of directors are considered experienced (7.4 years average tenure).