Aeron Composite Management
Management criteria checks 1/4
Aeron Composite's CEO is Chirag Patel, appointed in Oct 2021, has a tenure of 3.08 years. total yearly compensation is ₹10.31M, comprised of 91.7% salary and 8.3% bonuses, including company stock and options. directly owns 9.2% of the company’s shares, worth ₹206.58M. The average tenure of the management team and the board of directors is 0.4 years and 6.8 years respectively.
Key information
Chirag Patel
Chief executive officer
₹10.3m
Total compensation
| CEO salary percentage | 91.7% |
| CEO tenure | 3.1yrs |
| CEO ownership | 9.2% |
| Management average tenure | less than a year |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹101m |
| Feb 29 2024 | ₹10m | ₹9m | ₹103m |
| Mar 31 2023 | ₹8m | ₹8m | ₹66m |
| Mar 31 2022 | ₹2m | ₹2m | ₹36m |
Compensation vs Market: Chirag's total compensation ($USD122.10K) is above average for companies of similar size in the Indian market ($USD42.61K).
Compensation vs Earnings: Chirag's compensation has increased by more than 20% in the past year.
CEO
Chirag Patel (37 yo)
3.1yrs
Tenure
₹10,309,950
Compensation
Mr. Chirag Chandulal Patel serves as a Managing Director at Aeron Composite Private Limited since October 23, 2021 and its Director since June 01, 2021. He serves as a Director at Chamak Polymers Private L...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.1yrs | ₹10.31m | 9.2% ₹ 206.6m | |
| Whole Time Director | less than a year | ₹10.31m | 16.4% ₹ 368.4m | |
| Whole-time Director | less than a year | ₹10.31m | 4.68% ₹ 105.2m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data |
0.4yrs
Average Tenure
40yo
Average Age
Experienced Management: AERON's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.4yrs | ₹10.31m | 9.2% ₹ 206.6m | |
| Whole Time Director | 15.8yrs | ₹10.31m | 16.4% ₹ 368.4m | |
| Whole-time Director | 10.2yrs | ₹10.31m | 4.68% ₹ 105.2m | |
| Non-Executive Chairman of the Board | 15.8yrs | ₹13.30m | 18.25% ₹ 409.9m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
6.8yrs
Average Tenure
47.5yo
Average Age
Experienced Board: AERON's board of directors are considered experienced (6.8 years average tenure).