Sambandam Spinning Mills Management
Management criteria checks 2/4
Sambandam Spinning Mills' CEO is Devarajan Sambandam, appointed in Oct 2002, has a tenure of 21.58 years. total yearly compensation is ₹12.00M, comprised of 70% salary and 30% bonuses, including company stock and options. directly owns 12.32% of the company’s shares, worth ₹83.99M. The average tenure of the management team and the board of directors is 11.2 years and 8.4 years respectively.
Key information
Devarajan Sambandam
Chief executive officer
₹12.0m
Total compensation
| CEO salary percentage | 70.0% |
| CEO tenure | 21.6yrs |
| CEO ownership | 12.3% |
| Management average tenure | 11.2yrs |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹71m |
| Sep 30 2023 | n/a | n/a | -₹107m |
| Jun 30 2023 | n/a | n/a | -₹162m |
| Mar 31 2023 | ₹12m | ₹8m | -₹117m |
| Dec 31 2022 | n/a | n/a | -₹163m |
| Sep 30 2022 | n/a | n/a | -₹20m |
| Jun 30 2022 | n/a | n/a | ₹99m |
| Mar 31 2022 | ₹10m | ₹7m | ₹151m |
| Dec 31 2021 | n/a | n/a | ₹295m |
| Sep 30 2021 | n/a | n/a | ₹263m |
| Jun 30 2021 | n/a | n/a | ₹186m |
| Mar 31 2021 | ₹8m | ₹5m | ₹81m |
| Dec 31 2020 | n/a | n/a | -₹24m |
| Sep 30 2020 | n/a | n/a | -₹58m |
| Jun 30 2020 | n/a | n/a | -₹23m |
| Mar 31 2020 | ₹8m | ₹5m | ₹23m |
| Dec 31 2019 | n/a | n/a | ₹37m |
| Sep 30 2019 | n/a | n/a | ₹29m |
| Jun 30 2019 | n/a | n/a | ₹39m |
| Mar 31 2019 | ₹7m | ₹4m | ₹46m |
| Mar 31 2018 | ₹5m | ₹3m | ₹36m |
Compensation vs Market: Devarajan's total compensation ($USD143.94K) is above average for companies of similar size in the Indian market ($USD39.27K).
Compensation vs Earnings: Devarajan's compensation has increased whilst the company is unprofitable.
CEO
Devarajan Sambandam (74 yo)
21.6yrs
Tenure
₹12,000,000
Compensation
Mr. Devarajan Sambandam, B.Sc., has been an Executive Chairman and Managing Director of Sambandam Spinning Mills Limited since May 29, 2008 and October 23, 2002 respectively and serves as its Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21.6yrs | ₹12.00m | 12.32% ₹ 84.0m | |
| Chief Financial Officer | 4.9yrs | ₹3.00m | no data | |
| Chief Technical Officer | 11.2yrs | ₹4.80m | 0.34% ₹ 2.3m | |
| Company Secretary & Compliance Officer | 7.9yrs | ₹1.62m | no data | |
| Chief Marketing Officer | 4.9yrs | ₹4.80m | 0.14% ₹ 927.1k | |
| Joint MD & Executive Director | 21.6yrs | ₹7.44m | 9.83% ₹ 67.0m | |
| Joint MD & Executive Director | 21.6yrs | ₹11.64m | 11.46% ₹ 78.1m |
11.2yrs
Average Tenure
65yo
Average Age
Experienced Management: 521240's management team is seasoned and experienced (11.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.1yrs | ₹12.00m | 12.32% ₹ 84.0m | |
| Chief Technical Officer | 2.8yrs | ₹4.80m | 0.34% ₹ 2.3m | |
| Chief Marketing Officer | 2.8yrs | ₹4.80m | 0.14% ₹ 927.1k | |
| Joint MD & Executive Director | 19.1yrs | ₹7.44m | 9.83% ₹ 67.0m | |
| Joint MD & Executive Director | 19.1yrs | ₹11.64m | 11.46% ₹ 78.1m | |
| Non-Executive Director | 28.9yrs | ₹200.00k | 2.08% ₹ 14.2m | |
| Non-Executive Independent Director | 10.3yrs | ₹575.00k | no data | |
| Non-Executive Independent Director | 9.7yrs | ₹575.00k | no data | |
| Non-Executive Independent Director | 7.2yrs | ₹575.00k | no data | |
| Non-Executive Independent Director | 7yrs | ₹575.00k | no data | |
| Non-Executive Independent Woman Director | 5.5yrs | ₹225.00k | no data | |
| Non-Executive Independent Director | 2.8yrs | ₹275.00k | no data |
8.4yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 521240's board of directors are considered experienced (8.4 years average tenure).