Kanco Tea & Industries Management
Management criteria checks 3/4
Kanco Tea & Industries' CEO is Umang Kanoria, appointed in Aug 2022, has a tenure of 1.67 years. total yearly compensation is ₹1.63M, comprised of 98.2% salary and 1.8% bonuses, including company stock and options. directly owns 9.11% of the company’s shares, worth ₹33.52M. The average tenure of the management team and the board of directors is 8.3 years and 6.3 years respectively.
Key information
Umang Kanoria
Chief executive officer
₹1.6m
Total compensation
| CEO salary percentage | 98.2% |
| CEO tenure | 1.7yrs |
| CEO ownership | 9.1% |
| Management average tenure | 8.3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -₹100m |
| Sep 30 2023 | n/a | n/a | -₹103m |
| Jun 30 2023 | n/a | n/a | ₹44m |
| Mar 31 2023 | ₹2m | ₹2m | ₹87m |
| Dec 31 2022 | n/a | n/a | -₹10m |
| Sep 30 2022 | n/a | n/a | ₹81m |
| Jun 30 2022 | n/a | n/a | ₹36m |
| Mar 31 2022 | ₹75k | n/a | ₹38m |
| Dec 31 2021 | n/a | n/a | ₹126m |
| Sep 30 2021 | n/a | n/a | ₹73m |
| Jun 30 2021 | n/a | n/a | ₹142m |
| Mar 31 2021 | ₹60k | n/a | ₹106m |
| Dec 31 2020 | n/a | n/a | ₹109m |
| Sep 30 2020 | n/a | n/a | ₹106m |
| Jun 30 2020 | n/a | n/a | -₹27m |
| Mar 31 2020 | ₹60k | n/a | -₹12m |
| Dec 31 2019 | n/a | n/a | ₹85m |
| Sep 30 2019 | n/a | n/a | ₹60m |
| Jun 30 2019 | n/a | n/a | ₹80m |
| Mar 31 2019 | ₹60k | n/a | ₹36m |
| Mar 31 2018 | ₹105k | n/a | ₹3m |
Compensation vs Market: Umang's total compensation ($USD19.56K) is below average for companies of similar size in the Indian market ($USD39.36K).
Compensation vs Earnings: Umang's compensation has increased whilst the company is unprofitable.
CEO
Umang Kanoria (64 yo)
1.7yrs
Tenure
₹1,630,000
Compensation
Mr. Umang Kanoria has been an Executive Chairperson and Managing Director of Kanco Tea & Industries Limited since August 01, 2022. He serves as the Managing Director of Kanco Enterprises Ltd. and served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson & Managing Director | 1.7yrs | ₹1.63m | 9.11% ₹ 33.5m | |
| Chief Financial Officer | no data | ₹2.86m | 0.0020% ₹ 7.3k | |
| Vice President of Operations | no data | ₹1.80m | 5.6% ₹ 20.6m | |
| Compliance Officer & Company Secretary | 8.3yrs | ₹1.84m | no data | |
| Wholetime Director | 1.7yrs | ₹6.18m | 10.73% ₹ 39.5m | |
| Manager Accounts | 15yrs | no data | 0.0030% ₹ 11.0k | |
| Chief Medical Officer | 15yrs | no data | no data | |
| Executive | no data | ₹1.04m | no data |
8.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 541005's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson & Managing Director | 10.6yrs | ₹1.63m | 9.11% ₹ 33.5m | |
| Wholetime Director | 14.8yrs | ₹6.18m | 10.73% ₹ 39.5m | |
| Non-Executive Independent Director | 14yrs | ₹105.00k | no data | |
| Non Executive Independent Director | 1.9yrs | ₹75.00k | no data | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive-Non Independent Director | less than a year | no data | no data |
6.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 541005's board of directors are considered experienced (6.3 years average tenure).