Power Finance Management
Management criteria checks 3/4
Power Finance's CEO is Parminder Chopra, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is ₹8.60M, comprised of 50.8% salary and 49.2% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹1.27M. The average tenure of the management team and the board of directors is 2.6 years and 2.4 years respectively.
Key information
Parminder Chopra
Chief executive officer
₹8.6m
Total compensation
CEO salary percentage | 50.8% |
CEO tenure | less than a year |
CEO ownership | 0.00008% |
Management average tenure | 2.6yrs |
Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | ₹188b |
Sep 30 2023 | n/a | n/a | ₹179b |
Jun 30 2023 | n/a | n/a | ₹170b |
Mar 31 2023 | ₹9m | ₹4m | ₹159b |
Dec 31 2022 | n/a | n/a | ₹144b |
Sep 30 2022 | n/a | n/a | ₹141b |
Jun 30 2022 | n/a | n/a | ₹140b |
Mar 31 2022 | ₹7m | ₹4m | ₹140b |
Dec 31 2021 | n/a | n/a | ₹137b |
Sep 30 2021 | n/a | n/a | ₹130b |
Jun 30 2021 | n/a | n/a | ₹125b |
Mar 31 2021 | ₹4m | ₹3m | ₹117b |
Compensation vs Market: Parminder's total compensation ($USD103.15K) is below average for companies of similar size in the Indian market ($USD936.74K).
Compensation vs Earnings: Parminder's compensation has been consistent with company performance over the past year.
CEO
Parminder Chopra (56 yo)
less than a year
Tenure
₹8,599,139
Compensation
Smt. Parminder Chopra served as Nominee Director of REC Limited from February 04, 2022 to July 11, 2023. She has been a Director of Power Finance Corporation Ltd. since July 01, 2020 and also serves as its...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CFO & Chairman | less than a year | ₹8.60m | 0.000080% ₹ 1.3m | |
Director of Projects & Executive Director | 2.6yrs | ₹9.05m | 0.00061% ₹ 9.7m | |
Director of Commercial & Director | no data | ₹5.97m | no data | |
Head of The Public Relations Department | 8.4yrs | no data | no data | |
Chief Vigilance Officer | no data | no data | no data | |
GM & Chief Risk Officer | 2.7yrs | no data | no data | |
GM & Company Secretary | no data | no data | 0.000070% ₹ 1.1m |
2.6yrs
Average Tenure
57yo
Average Age
Experienced Management: 532810's management team is considered experienced (2.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CFO & Chairman | 3.8yrs | ₹8.60m | 0.000080% ₹ 1.3m | |
Director of Projects & Executive Director | 2.6yrs | ₹9.05m | 0.00061% ₹ 9.7m | |
Director of Commercial & Director | no data | ₹5.97m | no data | |
Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
Part-Time Non-Official Independent Director | 2.4yrs | no data | no data | |
Government Nominee Director | 1.9yrs | no data | no data |
2.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 532810's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.