Avenue Supermarts Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Ignatius Noronha
Chief executive officer
₹45.5m
Total compensation
| CEO salary percentage | 98.3% |
| CEO tenure | 18.3yrs |
| CEO ownership | 2.0% |
| Management average tenure | less than a year |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹24b |
| Sep 30 2023 | n/a | n/a | ₹23b |
| Jun 30 2023 | n/a | n/a | ₹24b |
| Mar 31 2023 | ₹46m | ₹45m | ₹24b |
| Dec 31 2022 | n/a | n/a | ₹23b |
| Sep 30 2022 | n/a | n/a | ₹23b |
| Jun 30 2022 | n/a | n/a | ₹20b |
| Mar 31 2022 | ₹46m | ₹45m | ₹15b |
| Dec 31 2021 | n/a | n/a | ₹15b |
| Sep 30 2021 | n/a | n/a | ₹14b |
| Jun 30 2021 | n/a | n/a | ₹12b |
| Mar 31 2021 | ₹46m | ₹44m | ₹11b |
| Dec 31 2020 | n/a | n/a | ₹10b |
| Sep 30 2020 | n/a | n/a | ₹9b |
| Jun 30 2020 | n/a | n/a | ₹10b |
| Mar 31 2020 | ₹46m | ₹44m | ₹13b |
| Dec 31 2019 | n/a | n/a | ₹12b |
| Sep 30 2019 | n/a | n/a | ₹11b |
| Jun 30 2019 | n/a | n/a | ₹10b |
| Mar 31 2019 | ₹46m | ₹44m | ₹9b |
| Mar 31 2018 | ₹46m | ₹44m | ₹8b |
Compensation vs Market: Ignatius's total compensation ($USD546.20K) is below average for companies of similar size in the Indian market ($USD936.74K).
Compensation vs Earnings: Ignatius's compensation has been consistent with company performance over the past year.
CEO
Ignatius Noronha (47 yo)
18.3yrs
Tenure
₹45,535,526
Compensation
Mr. Ignatius Navil Noronha serves as the Managing Director and Chief Executive Officer of Avenue Supermarts Limited and has been its Director since January 2, 2006. He has several years of experience in th...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | ₹45.54m | 1.96% ₹ 58.7b | |
| Group CFO & Whole-Time Director | 6yrs | ₹10.43m | 0.38% ₹ 11.5b | |
| Director of Business Development & Whole-Time Director | no data | ₹9.67m | 0.049% ₹ 1.5b | |
| Chief Financial Officer | 6yrs | ₹17.71m | no data | |
| Vice President of Operations | no data | ₹4.46m | 0.066% ₹ 2.0b | |
| Chief Digital & Information Officer | less than a year | no data | no data | |
| AVP of Investor Relations | no data | no data | no data | |
| Company Secretary & Compliance Officer | no data | ₹12.37m | 0.014% ₹ 424.7m | |
| Group Chief Human Resources Officer | less than a year | no data | no data | |
| Chief Operating Officer of Retail | no data | ₹12.47m | 0.076% ₹ 2.3b | |
| Senior Vice President of Loss Prevention & Risk Management | no data | no data | no data | |
| Senior Vice President of Information Technology | less than a year | no data | 0.024% ₹ 729.6m |
0.5yrs
Average Tenure
48yo
Average Age
Experienced Management: 540376's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 18.3yrs | ₹45.54m | 1.96% ₹ 58.7b | |
| Group CFO & Whole-Time Director | 18.3yrs | ₹10.43m | 0.38% ₹ 11.5b | |
| Director of Business Development & Whole-Time Director | 8.9yrs | ₹9.67m | 0.049% ₹ 1.5b | |
| Non- Executive Independent Chairman | 8yrs | ₹3.66m | no data | |
| Independent Director | less than a year | no data | no data | |
| Non-Executive Non-Independent Director | 13.2yrs | ₹830.00k | 38.48% ₹ 1.2t | |
| Non Executive Independent Director | 5.8yrs | ₹3.46m | no data |
8.9yrs
Average Tenure
51yo
Average Age
Experienced Board: 540376's board of directors are considered experienced (8.9 years average tenure).