Fusion Finance Management
Management criteria checks 2/4
Fusion Finance's CEO is Devesh Sachdev, appointed in Jan 2010, has a tenure of 14.83 years. total yearly compensation is ₹78.82M, comprised of 35.7% salary and 64.3% bonuses, including company stock and options. directly owns 4.91% of the company’s shares, worth ₹838.54M. The average tenure of the management team and the board of directors is 4.2 years and 6.2 years respectively.
Key information
Devesh Sachdev
Chief executive officer
₹78.8m
Total compensation
| CEO salary percentage | 35.7% |
| CEO tenure | 14.8yrs |
| CEO ownership | 4.9% |
| Management average tenure | 4.2yrs |
| Board average tenure | 6.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -₹815m |
| Jun 30 2024 | n/a | n/a | ₹3b |
| Mar 31 2024 | ₹79m | ₹28m | ₹5b |
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹5b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹46m | ₹23m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹924m |
| Mar 31 2022 | ₹38m | ₹20m | ₹218m |
| Mar 31 2021 | ₹26m | n/a | ₹439m |
| Mar 31 2020 | ₹24m | n/a | ₹696m |
Compensation vs Market: Devesh's total compensation ($USD933.51K) is above average for companies of similar size in the Indian market ($USD190.98K).
Compensation vs Earnings: Devesh's compensation has increased whilst the company is unprofitable.
CEO
Devesh Sachdev (52 yo)
14.8yrs
Tenure
₹78,823,689
Compensation
Mr. Devesh Sachdev co-founded Fusion Finance Limited (formerly known as Fusion Micro Finance Limited) in 2010 and serves as its Chief Executive Officer & Managing Director. Mr. Sachdev has over few years o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.8yrs | ₹78.82m | 4.91% ₹ 838.5m | |
| Chief Financial Officer | 7.7yrs | ₹11.37m | 0.15% ₹ 25.1m | |
| Chief Information Officer | 1.6yrs | ₹13.18m | no data | |
| VP of Legal | no data | ₹6.49m | 0.12% ₹ 21.3m | |
| Chief Human Resource Officer | 1.8yrs | ₹6.49m | no data | |
| CBO - MFI | no data | ₹10.05m | 0.056% ₹ 9.6m | |
| Head of Customer Loyalty Program & New Initiatives | 4.2yrs | ₹15.60m | 0.12% ₹ 21.1m | |
| Chief Operating Officer of MSME | 5.3yrs | ₹12.03m | 0.023% ₹ 4.0m | |
| Chief Risk Officer | 4.2yrs | ₹6.81m | 0.0064% ₹ 1.1m | |
| Senior Vice President | no data | ₹5.09m | no data | |
| Chief Vigilance Officer | less than a year | ₹4.89m | 0.061% ₹ 10.4m | |
| Chief Information Security Officer | less than a year | no data | no data |
4.2yrs
Average Tenure
49yo
Average Age
Experienced Management: FUSION's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 15yrs | ₹78.82m | 4.91% ₹ 838.5m | |
| Nominee Director | 8.3yrs | no data | no data | |
| Nominee Director | 5.9yrs | no data | no data | |
| Independent Director | 6.5yrs | ₹1.06m | no data | |
| Independent Director | 4.8yrs | ₹1.36m | 0.0030% ₹ 509.0k | |
| Non-Executive Independent Director | less than a year | no data | no data |
6.2yrs
Average Tenure
60yo
Average Age
Experienced Board: FUSION's board of directors are considered experienced (6.2 years average tenure).