Biocon Management

Management criteria checks 4/4

Biocon's CEO is Siddharth Mittal, appointed in Dec 2019, has a tenure of 4.33 years. total yearly compensation is ₹47.88M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.07% of the company’s shares, worth ₹254.55M. The average tenure of the management team and the board of directors is 2.6 years and 4.3 years respectively.

Key information

Siddharth Mittal

Chief executive officer

₹47.9m

Total compensation

CEO salary percentage100.0%
CEO tenure4.3yrs
CEO ownership0.07%
Management average tenure2.6yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Siddharth Mittal's remuneration changed compared to Biocon's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

₹12b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹48m₹48m

₹5b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹6b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹42m₹42m

₹6b

Dec 31 2021n/an/a

₹7b

Sep 30 2021n/an/a

₹7b

Jun 30 2021n/an/a

₹7b

Mar 31 2021₹43m₹43m

₹7b

Dec 31 2020n/an/a

₹6b

Sep 30 2020n/an/a

₹6b

Jun 30 2020n/an/a

₹7b

Mar 31 2020₹49m₹31m

₹8b

Compensation vs Market: Siddharth's total compensation ($USD573.94K) is about average for companies of similar size in the Indian market ($USD539.04K).

Compensation vs Earnings: Siddharth's compensation has been consistent with company performance over the past year.


CEO

Siddharth Mittal (45 yo)

4.3yrs

Tenure

₹47,880,000

Compensation

Mr. Siddharth Mittal, BCom, CA, CPA has been CEO and Director of Biocon Limited since December 1, 2019. He has been Managing Director of Biocon Limited since April 01, 2020 and served as its Joint Managing...


Leadership Team

NamePositionTenureCompensationOwnership
Kiran Mazumdar-Shaw
Founder & Executive Chairperson45.4yrs₹30.00m40.59%
₹ 148.5b
Siddharth Mittal
MD, CEO & Director4.3yrs₹47.88m0.070%
₹ 254.5m
Peter James Bains
Group Chief Executive Officerless than a year₹3.28mno data
Arun Gupta
Head of Operationsless than a yearno datano data
Atanu Roy
Group Chief Information Officer3.6yrsno datano data
Saurabh Paliwal
Head of Investor Relations1.7yrsno datano data
Mayank Verma
Company Secretary & Compliance Officer4.8yrs₹5.75mno data
Seema Ahuja
Global Head of Communications & Corporate Brandno datano datano data
Maninder Puri
Head of Human Resourcesno datano datano data
Paul Thomas
Chief Commercial Officerno datano datano data
Abhijit Zutshi
Commercial Head of Biocon Global Genericsno datano data0.019%
₹ 68.0m
Manoj Pananchukunnath
Head of R&D and Regulatory Sciencesno datano data0.0074%
₹ 27.0m

2.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 532523's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kiran Mazumdar-Shaw
Founder & Executive Chairperson45.4yrs₹30.00m40.59%
₹ 148.5b
Siddharth Mittal
MD, CEO & Director4.3yrs₹47.88m0.070%
₹ 254.5m
Ravi Mazumdar
Non-Executive Non-Independent Director23.7yrs₹5.87m0.44%
₹ 1.6b
Bobby Parikh
Independent Non-Executive Director5.8yrs₹7.43mno data
Naina Lal Kidwai
Additional Non-Executive Independent Director2yrs₹6.48mno data
Satish Garg
Member of Scientific Advisory Boardno datano datano data
Nicholas Haggar
Independent Directorless than a yearno datano data
Shashank Joshi
Member of Scientific Advisory Boardno datano datano data
Rekha Menon
Independent Directorless than a yearno datano data
Meleveetil Damodaran
Lead Independent Director8yrs₹5.99mno data
Eric Mazumdar
Non-Executive Director2.4yrs₹5.27m0.27%
₹ 973.2m
John Petrie
Member of Scientific Advisory Boardno datano datano data

4.3yrs

Average Tenure

64yo

Average Age

Experienced Board: 532523's board of directors are considered experienced (4.3 years average tenure).


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