Magnus Retail Management
Management criteria checks 0/4
Magnus Retail's CEO is Laxman Savalkar, appointed in Feb 2023, has a tenure of 1.67 years. directly owns 23.79% of the company’s shares, worth ₹5.75M. The average tenure of the management team and the board of directors is 1.7 years and 1.7 years respectively.
Key information
Laxman Savalkar
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 1.7yrs |
| CEO ownership | 23.8% |
| Management average tenure | 1.7yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO
Laxman Savalkar (38 yo)
1.7yrs
Tenure
Mr. Laxman Ashok Savalkar is Managing Director & Executive Chairman of Magnus Retail Limited (formerly known as Savant Infocomm Limited) from February 11, 2023.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 1.7yrs | no data | 23.79% ₹ 5.8m | |
| CFO & Executive Director | 1.7yrs | no data | 23.79% ₹ 5.8m | |
| Company Secretary & Compliance Officer | 5.5yrs | ₹144.00k | no data |
1.7yrs
Average Tenure
Experienced Management: 517320's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Chairman | 1.7yrs | no data | 23.79% ₹ 5.8m | |
| CFO & Executive Director | 1.7yrs | no data | 23.79% ₹ 5.8m | |
| Independent Director | 1.7yrs | no data | no data | |
| Independent Director | 1.4yrs | no data | no data | |
| Independent Director | 1.4yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Board: 517320's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.