Gandhar Oil Refinery (India) Management
Management criteria checks 2/4
Gandhar Oil Refinery (India)'s CEO is Ramesh Parekh, appointed in Sep 2020, has a tenure of 3.67 years. directly owns 30.08% of the company’s shares, worth ₹6.46B. The average tenure of the management team and the board of directors is 5.5 years and 4.3 years respectively.
Key information
Ramesh Parekh
Chief executive officer
₹53.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 3.7yrs |
| CEO ownership | 30.1% |
| Management average tenure | 5.5yrs |
| Board average tenure | 4.3yrs |
Recent management updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹54m | n/a | ₹2b |
| Mar 31 2022 | ₹13m | n/a | ₹1b |
| Mar 31 2021 | ₹7m | ₹7m | ₹1b |
| Mar 31 2020 | ₹5m | ₹5m | ₹99m |
Compensation vs Market: Ramesh's total compensation ($USD643.66K) is above average for companies of similar size in the Indian market ($USD186.52K).
Compensation vs Earnings: Ramesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ramesh Parekh (69 yo)
3.7yrs
Tenure
₹53,750,000
Compensation
Mr. Ramesh Babulal Parekh serves as Chairperson & MD of Gandhar Oil Refinery (India) Limited since September 21, 2020. Mr. Parekh has of experience in the petroleum industry. He is also a director of Manuf...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson & MD | 3.7yrs | ₹53.75m | 30.08% ₹ 6.5b | |
| Vice Chairperson & Joint MD | 16.1yrs | ₹51.18m | 1.98% ₹ 424.5m | |
| Joint MD & Whole-Time Director | 2.6yrs | ₹51.18m | 1.97% ₹ 422.3m | |
| Chief Financial Officer | 7.3yrs | ₹3.45m | no data | |
| Compliance Officer & Company Secretary | 9.4yrs | ₹2.22m | no data | |
| Senior Vice President of Marketing | 16.1yrs | ₹3.87m | no data | |
| Senior Vice President – Sales & Marketing | no data | ₹6.19m | no data | |
| Deputy General Manager - HR | no data | no data | no data | |
| General Manager of R&D/ Operation | no data | no data | no data |
5.5yrs
Average Tenure
51yo
Average Age
Experienced Management: GANDHAR's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson & MD | 3.7yrs | ₹53.75m | 30.08% ₹ 6.5b | |
| Vice Chairperson & Joint MD | 16.1yrs | ₹51.18m | 1.98% ₹ 424.5m | |
| Joint MD & Whole-Time Director | 16.1yrs | ₹51.18m | 1.97% ₹ 422.3m | |
| Independent Director | 4.9yrs | ₹670.00k | no data | |
| Independent Director | 1.9yrs | ₹590.00k | no data | |
| Independent Non-Executive Director | 3.8yrs | ₹740.00k | no data |
4.3yrs
Average Tenure
57yo
Average Age
Experienced Board: GANDHAR's board of directors are considered experienced (4.3 years average tenure).