Finolex Industries Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Ajit Venkataraman
Chief executive officer
₹19.6m
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹5b |
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹5b |
| Jun 30 2023 | n/a | n/a | ₹3b |
| Mar 31 2023 | ₹20m | ₹20m | ₹3b |
Compensation vs Market: Ajit's total compensation ($USD234.61K) is below average for companies of similar size in the Indian market ($USD554.98K).
Compensation vs Earnings: Insufficient data to compare Ajit's compensation with company performance.
CEO
Ajit Venkataraman
1.8yrs
Tenure
₹19,600,000
Compensation
Mr. Ajit Venkataraman served as Chief Executive Officer of Finolex Industries Limited since August 1, 2022 until June 01, 2023 and serves as its Managing Director & Additional Director since June 01, 2023....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 32.3yrs | ₹114.40m | 0.14% ₹ 283.8m | |
| MD & Additional Director | 1.8yrs | ₹19.60m | no data | |
| CFO & Chief Risk Officer | 2.1yrs | ₹9.50m | no data | |
| Director of Technical & Whole-Time Director | 2yrs | ₹15.50m | no data | |
| Chief Information Officer & Grievance Officer | less than a year | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| President of Sales & Marketing | less than a year | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| President of Operation Pipes & Fittings | no data | no data | no data | |
| President of Operations of PVC DIVISION | less than a year | no data | no data | |
| Head of Operations at Pipes division | less than a year | no data | no data | |
| Head of Purchase | less than a year | no data | no data |
0.5yrs
Average Tenure
Experienced Management: 500940's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 32.3yrs | ₹114.40m | 0.14% ₹ 283.8m | |
| MD & Additional Director | less than a year | ₹19.60m | no data | |
| Director of Technical & Whole-Time Director | 2yrs | ₹15.50m | no data | |
| Independent Woman Director | 5.2yrs | ₹3.90m | no data | |
| Independent Director | 4.8yrs | ₹4.30m | no data | |
| Non-Executive & Non-Independent Director | 6.8yrs | ₹3.90m | 0.0046% ₹ 9.4m | |
| Independent Director | 4.8yrs | ₹3.20m | no data | |
| Non-Executive & Non-Independent Director | 9.3yrs | ₹3.00m | 0.0036% ₹ 7.4m | |
| Non-Executive & Independent Director | 4.8yrs | ₹3.10m | no data | |
| Non-Executive & Independent Director | 4.8yrs | ₹3.30m | 0.000080% ₹ 164.4k |
4.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: 500940's board of directors are considered experienced (4.8 years average tenure).