ITC Management
Management criteria checks 2/4
ITC's CEO is Sanjiv Puri, appointed in Feb 2017, has a tenure of 7.25 years. total yearly compensation is ₹163.20M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹265.27M. The average tenure of the management team and the board of directors is 6.8 years and 5.2 years respectively.
Key information
Sanjiv Puri
Chief executive officer
₹163.2m
Total compensation
| CEO salary percentage | 17.6% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.005% |
| Management average tenure | 6.8yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
There's No Escaping ITC Limited's (NSE:ITC) Muted Earnings
Apr 24
Here's Why We Think ITC (NSE:ITC) Is Well Worth Watching
Apr 06Is ITC (NSE:ITC) A Risky Investment?
Feb 29ITC Limited (NSE:ITC) Investors Are Less Pessimistic Than Expected
Dec 18Why The 34% Return On Capital At ITC (NSE:ITC) Should Have Your Attention
Nov 30Is Now The Time To Put ITC (NSE:ITC) On Your Watchlist?
Nov 12These 4 Measures Indicate That ITC (NSE:ITC) Is Using Debt Safely
Sep 19Investors Shouldn't Overlook The Favourable Returns On Capital At ITC (NSE:ITC)
Aug 21Here's Why ITC (NSE:ITC) Has Caught The Eye Of Investors
Jul 06ITC (NSE:ITC) Has A Rock Solid Balance Sheet
Jun 21A Look Into ITC's (NSE:ITC) Impressive Returns On Capital
May 21ITC's (NSE:ITC) Dividend Will Be Increased To ₹9.50
May 21Here's Why We Think ITC (NSE:ITC) Might Deserve Your Attention Today
Mar 28We Think ITC (NSE:ITC) Can Manage Its Debt With Ease
Mar 13ITC's (NSE:ITC) Dividend Will Be Increased To ₹6.00
Feb 07A Look Into ITC's (NSE:ITC) Impressive Returns On Capital
Dec 23If EPS Growth Is Important To You, ITC (NSE:ITC) Presents An Opportunity
Dec 05Does ITC (NSE:ITC) Have A Healthy Balance Sheet?
Sep 20Here's Why We Think ITC (NSE:ITC) Might Deserve Your Attention Today
Aug 24Many Would Be Envious Of ITC's (NSE:ITC) Excellent Returns On Capital
Jul 31ITC Limited (NSE:ITC) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jul 17Here's Why I Think ITC (NSE:ITC) Might Deserve Your Attention Today
May 12Many Would Be Envious Of ITC's (NSE:ITC) Excellent Returns On Capital
Apr 28Is ITC Limited (NSE:ITC) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 12Is ITC (NSE:ITC) A Risky Investment?
Feb 21ITC (NSE:ITC) Has Announced That It Will Be Increasing Its Dividend To ₹5.25
Feb 06Estimating The Fair Value Of ITC Limited (NSE:ITC)
Jan 03Shareholders Are Optimistic That ITC (NSE:ITC) Will Multiply In Value
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹205b |
| Sep 30 2023 | n/a | n/a | ₹202b |
| Jun 30 2023 | n/a | n/a | ₹199b |
| Mar 31 2023 | ₹163m | ₹29m | ₹192b |
| Dec 31 2022 | n/a | n/a | ₹182b |
| Sep 30 2022 | n/a | n/a | ₹173b |
| Jun 30 2022 | n/a | n/a | ₹164b |
| Mar 31 2022 | ₹107m | ₹26m | ₹152b |
| Dec 31 2021 | n/a | n/a | ₹148b |
| Sep 30 2021 | n/a | n/a | ₹143b |
| Jun 30 2021 | n/a | n/a | ₹139b |
| Mar 31 2021 | ₹101m | ₹26m | ₹132b |
| Dec 31 2020 | n/a | n/a | ₹133b |
| Sep 30 2020 | n/a | n/a | ₹137b |
| Jun 30 2020 | n/a | n/a | ₹145b |
| Mar 31 2020 | ₹69m | ₹21m | ₹153b |
| Dec 31 2019 | n/a | n/a | ₹150b |
| Sep 30 2019 | n/a | n/a | ₹141b |
| Jun 30 2019 | n/a | n/a | ₹130b |
| Mar 31 2019 | ₹62m | ₹14m | ₹126b |
| Mar 31 2018 | ₹41m | ₹14m | ₹113b |
Compensation vs Market: Sanjiv's total compensation ($USD1.96M) is above average for companies of similar size in the Indian market ($USD940.71K).
Compensation vs Earnings: Sanjiv's compensation has increased by more than 20% in the past year.
CEO
Sanjiv Puri (60 yo)
7.3yrs
Tenure
₹163,195,000
Compensation
Mr. Sanjiv Puri has been Managing Director of ITC Limited since May 16, 2018 and also has been its Director since December 6, 2015 and its Chairman since May 13, 2019. Mr. Puri served as Chief Executive Of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 7.3yrs | ₹163.20m | 0.0048% ₹ 263.2m | |
| CFO & Whole Time Director | 3.7yrs | ₹20.07m | 0.0064% ₹ 345.9m | |
| General Counsel & Head of Corporate Legal | no data | ₹40.05m | no data | |
| Executive VP | 6.3yrs | ₹26.84m | no data | |
| Head of Corporate Communications & Executive VP | no data | ₹46.17m | no data | |
| Whole time Director | no data | ₹75.86m | 0.0035% ₹ 189.8m | |
| President of ITC Corporate Affairs | 17.3yrs | ₹56.35m | no data | |
| Whole Time Director & Divisional Chief Executive of Foods Business | no data | ₹54.64m | 0.0027% ₹ 149.6m | |
| Group Head of Agri Business | no data | ₹49.81m | no data | |
| Head of Taxation | no data | ₹30.08m | no data | |
| Executive Vice President of HR | no data | ₹29.90m | no data | |
| Chief Operating Officer of Snacks (FBD) | no data | ₹31.74m | no data |
6.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: ITC's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.4yrs | ₹163.20m | 0.0048% ₹ 263.2m | |
| CFO & Whole Time Director | 1.8yrs | ₹20.07m | 0.0064% ₹ 345.9m | |
| Whole time Director | 5.5yrs | ₹75.86m | 0.0035% ₹ 189.8m | |
| Whole Time Director & Divisional Chief Executive of Foods Business | less than a year | ₹54.64m | 0.0027% ₹ 149.6m | |
| Independent Non-Executive Director | 9.7yrs | ₹10.15m | no data | |
| Independent Director | 4.8yrs | ₹10.09m | 0.0098% ₹ 533.6m | |
| Independent Director | 2.8yrs | no data | no data | |
| Independent Non-Executive Director | 9.8yrs | ₹10.25m | no data | |
| Independent Director | 2.4yrs | ₹7.07m | no data | |
| Independent Non-Executive Director | 11.7yrs | ₹9.90m | 0.00036% ₹ 19.6m | |
| Independent Non-Executive Director | 8.1yrs | ₹9.80m | no data | |
| Non-Executive Independent Director | 4.8yrs | ₹9.80m | 0.0011% ₹ 57.7m |
5.2yrs
Average Tenure
67yo
Average Age
Experienced Board: ITC's board of directors are considered experienced (5.2 years average tenure).