Grasim Industries Management
Management criteria checks 4/4
Grasim Industries' CEO is Hari Agarwal, appointed in Dec 2021, has a tenure of 2.67 years. total yearly compensation is ₹87.87M, comprised of 66.5% salary and 33.5% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth ₹126.11M. The average tenure of the management team and the board of directors is 3 years and 4.2 years respectively.
Key information
Hari Agarwal
Chief executive officer
₹87.9m
Total compensation
| CEO salary percentage | 66.5% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.007% |
| Management average tenure | 3yrs |
| Board average tenure | 4.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹53b |
| Mar 31 2024 | ₹88m | ₹58m | ₹56b |
| Dec 31 2023 | n/a | n/a | ₹56b |
| Sep 30 2023 | n/a | n/a | ₹66b |
| Jun 30 2023 | n/a | n/a | ₹65b |
| Mar 31 2023 | ₹100m | ₹60m | ₹68b |
| Dec 31 2022 | n/a | n/a | ₹78b |
| Sep 30 2022 | n/a | n/a | ₹70b |
| Jun 30 2022 | n/a | n/a | ₹73b |
| Mar 31 2022 | ₹45m | ₹45m | ₹70b |
Compensation vs Market: Hari's total compensation ($USD1.05M) is about average for companies of similar size in the Indian market ($USD1.22M).
Compensation vs Earnings: Hari's compensation has been consistent with company performance over the past year.
CEO
Hari Agarwal (65 yo)
2.7yrs
Tenure
₹87,866,000
Compensation
Mr. Hari Krishna Agarwal serves as an Executive Director at Grasim Industries Limited and serves as its Managing Director since December 1, 2021. Mr. Agarwal served as Chief Operating Officer of Thai Rayon...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 2.7yrs | ₹87.87m | 0.0072% ₹ 126.2m | |
| Chief Financial Officer | 2yrs | ₹17.62m | no data | |
| Senior President of Corporate Finance Division | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Company Secretary & Compliance Officer | 3.3yrs | ₹14.74m | no data | |
| Business Head of Cement | 8.3yrs | ₹43.04m | no data | |
| Chief Technology Officer of Fibre & Pulp Business | no data | no data | no data | |
| Business Head of Solar & Textiles | no data | no data | no data | |
| Chief Marketing Officer of Cellulosic Fibre | no data | no data | no data | |
| Chief Financial Officer of Pulp & Fibre Business | no data | no data | no data | |
| Chief Financial Officer of Chemicals | no data | no data | no data | |
| Chief Human Resource Officer of Chemicals | no data | no data | no data |
3.0yrs
Average Tenure
59yo
Average Age
Experienced Management: GRASIMPP1's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 2.7yrs | ₹87.87m | 0.0072% ₹ 126.2m | |
| Non-Executive Independent Director | 14yrs | ₹510.00k | no data | |
| Non-Executive Independent Director | 24.1yrs | ₹140.00k | no data | |
| Non-Executive Non-Independent Chairman | 31.8yrs | ₹310.00k | 0.20% ₹ 3.5b | |
| Non Executive Non-Independent Director | 28.4yrs | ₹340.00k | 0.081% ₹ 1.4b | |
| Non-Executive Independent Director | 3.3yrs | ₹485.00k | 0.010% ₹ 178.9m | |
| Non-Executive Independent Director | 6yrs | ₹460.00k | no data | |
| Non-Executive Non-Independent Director | less than a year | ₹38.07m | no data | |
| Non-Executive Non-Independent Director | 2.8yrs | ₹300.00k | no data | |
| Non-Executive Independent Director | 5.1yrs | ₹510.00k | no data | |
| Non-Executive Independent Director | 3.3yrs | ₹690.00k | no data | |
| Non-Executive Non-Independent Director | 1.5yrs | ₹250.00k | no data |
4.2yrs
Average Tenure
66yo
Average Age
Experienced Board: GRASIMPP1's board of directors are considered experienced (4.2 years average tenure).