Great Eastern Shipping Management
Management criteria checks 2/4
Great Eastern Shipping's CEO is Bharat Sheth, appointed in Jan 1999, has a tenure of 25.33 years. total yearly compensation is ₹112.96M, comprised of 29.5% salary and 70.5% bonuses, including company stock and options. directly owns 11.36% of the company’s shares, worth ₹17.71B. The average tenure of the management team and the board of directors is 17.3 years and 9.5 years respectively.
Key information
Bharat Sheth
Chief executive officer
₹113.0m
Total compensation
| CEO salary percentage | 29.5% |
| CEO tenure | 25.3yrs |
| CEO ownership | 11.4% |
| Management average tenure | 17.3yrs |
| Board average tenure | 9.5yrs |
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 | ₹25b |
| Jun 30 2023 | n/a | n/a | ₹27b |
| Mar 31 2023 | ₹113m | ₹33m | ₹26b |
| Dec 31 2022 | n/a | n/a | ₹20b |
| Sep 30 2022 | n/a | n/a | ₹16b |
| Jun 30 2022 | n/a | n/a | ₹11b |
| Mar 31 2022 | ₹86m | ₹32m | ₹6b |
| Dec 31 2021 | n/a | n/a | ₹5b |
| Sep 30 2021 | n/a | n/a | ₹5b |
| Jun 30 2021 | n/a | n/a | ₹5b |
| Mar 31 2021 | ₹85m | ₹32m | ₹9b |
| Dec 31 2020 | n/a | n/a | ₹8b |
| Sep 30 2020 | n/a | n/a | ₹10b |
| Jun 30 2020 | n/a | n/a | ₹7b |
| Mar 31 2020 | ₹94m | ₹32m | ₹2b |
| Dec 31 2019 | n/a | n/a | ₹4b |
| Sep 30 2019 | n/a | n/a | ₹4b |
| Jun 30 2019 | n/a | n/a | ₹2b |
| Mar 31 2019 | ₹84m | ₹32m | -₹214m |
| Dec 31 2018 | n/a | n/a | -₹6b |
| Sep 30 2018 | n/a | n/a | -₹8b |
| Jun 30 2018 | n/a | n/a | -₹6b |
| Mar 31 2018 | ₹81m | ₹31m | -₹2b |
Compensation vs Market: Bharat's total compensation ($USD1.35M) is above average for companies of similar size in the Indian market ($USD433.15K).
Compensation vs Earnings: Bharat's compensation has increased by more than 20% in the past year.
CEO
Bharat Sheth (65 yo)
25.3yrs
Tenure
₹112,958,864
Compensation
Mr. Bharat Kanaiyalal Sheth has been the Managing Director of The Great Eastern Shipping Company Limited since April 1, 1999. Mr. Sheth has expertise in specific functional areas include management and mar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairman & MD | 25.3yrs | ₹112.96m | 11.36% ₹ 17.7b | |
| CFO & Executive Director | 16.3yrs | ₹31.02m | no data | |
| Assistant Vice President of Accounts & MIS | no data | ₹14.55m | no data | |
| President of Secretarial & Legal | no data | ₹15.34m | no data | |
| President of Shipping & Executive Director | 18.3yrs | ₹21.22m | no data | |
| Chief Engineer | no data | ₹4.74m | no data | |
| Chief Engineer | no data | ₹10.49m | no data | |
| Chief Engineer | no data | ₹6.80m | no data | |
| Chief Engineer | no data | ₹10.83m | no data | |
| Chief Engineer | no data | ₹1.82m | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Head of Technical | no data | no data | no data |
17.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 500620's management team is seasoned and experienced (17.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairman & MD | 35.3yrs | ₹112.96m | 11.36% ₹ 17.7b | |
| CFO & Executive Director | 9.5yrs | ₹31.02m | no data | |
| President of Shipping & Executive Director | 9.8yrs | ₹21.22m | no data | |
| Additional Independent Director | less than a year | ₹851.00k | no data | |
| Independent Director | 9.3yrs | ₹3.08m | no data | |
| Non-Executive Chairman | 54.1yrs | ₹2.03m | 0.19% ₹ 303.6m | |
| Non-Independent Non-Executive Director | 17.6yrs | ₹3.46m | 0.00056% ₹ 872.6k | |
| Non-Executive Director | 18.3yrs | no data | 11.75% ₹ 18.3b | |
| Independent Director | 4.9yrs | ₹2.93m | no data | |
| Independent Director | 9.5yrs | ₹3.71m | no data | |
| Additional Independent Director | 2yrs | ₹2.13m | no data | |
| Additional Independent Director | 2yrs | ₹3.03m | no data |
9.5yrs
Average Tenure
68.5yo
Average Age
Experienced Board: 500620's board of directors are considered experienced (9.5 years average tenure).