Dev Information Technology Management
Management criteria checks 4/4
Dev Information Technology's CEO is Jaimin Shah, appointed in Feb 2017, has a tenure of 7.75 years. total yearly compensation is ₹4.04M, comprised of 99.3% salary and 0.7% bonuses, including company stock and options. directly owns 13.67% of the company’s shares, worth ₹494.53M. The average tenure of the management team and the board of directors is 7.7 years and 10.3 years respectively.
Key information
Jaimin Shah
Chief executive officer
₹4.0m
Total compensation
| CEO salary percentage | 99.3% |
| CEO tenure | 7.8yrs |
| CEO ownership | 13.7% |
| Management average tenure | 7.7yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Dev Information Technology (NSE:DEVIT) Is Paying Out A Dividend Of ₹0.25
Sep 22
Dev Information Technology (NSE:DEVIT) Will Pay A Dividend Of ₹0.25
Sep 08Optimistic Investors Push Dev Information Technology Limited (NSE:DEVIT) Shares Up 27% But Growth Is Lacking
Jul 05Dev Information Technology's (NSE:DEVIT) Profits Appear To Have Quality Issues
Jun 07Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today
May 09Not Many Are Piling Into Dev Information Technology Limited (NSE:DEVIT) Stock Yet As It Plummets 30%
Mar 13Dev Information Technology Limited's (NSE:DEVIT) P/E Is Still On The Mark Following 29% Share Price Bounce
Dec 23Here's Why We Think Dev Information Technology (NSE:DEVIT) Might Deserve Your Attention Today
Dec 16It's Unlikely That Dev Information Technology Limited's (NSE:DEVIT) CEO Will See A Huge Pay Rise This Year
Sep 24Does Dev Information Technology (NSE:DEVIT) Deserve A Spot On Your Watchlist?
Jun 29Has Dev Information Technology Limited's (NSE:DEVIT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 08
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹178m |
| Jun 30 2024 | n/a | n/a | ₹110m |
| Mar 31 2024 | ₹4m | ₹4m | ₹93m |
| Dec 31 2023 | n/a | n/a | ₹85m |
| Sep 30 2023 | n/a | n/a | ₹97m |
| Jun 30 2023 | n/a | n/a | ₹92m |
| Mar 31 2023 | ₹6m | ₹6m | ₹90m |
| Dec 31 2022 | n/a | n/a | ₹60m |
| Sep 30 2022 | n/a | n/a | ₹29m |
| Jun 30 2022 | n/a | n/a | ₹16m |
| Mar 31 2022 | ₹3m | ₹3m | ₹1m |
| Dec 31 2021 | n/a | n/a | -₹7m |
| Sep 30 2021 | n/a | n/a | ₹10m |
| Jun 30 2021 | n/a | n/a | ₹6m |
| Mar 31 2021 | ₹3m | ₹3m | -₹3m |
| Dec 31 2020 | n/a | n/a | ₹15m |
| Sep 30 2020 | n/a | n/a | ₹21m |
| Jun 30 2020 | n/a | n/a | ₹29m |
| Mar 31 2020 | ₹3m | ₹3m | ₹37m |
| Dec 31 2019 | n/a | n/a | ₹44m |
| Sep 30 2019 | n/a | n/a | ₹51m |
| Jun 30 2019 | n/a | n/a | ₹47m |
| Mar 31 2019 | ₹2m | ₹2m | ₹44m |
Compensation vs Market: Jaimin's total compensation ($USD47.85K) is about average for companies of similar size in the Indian market ($USD42.61K).
Compensation vs Earnings: Jaimin's compensation has been consistent with company performance over the past year.
CEO
Jaimin Shah (51 yo)
7.8yrs
Tenure
₹4,040,000
Compensation
Mr. Jaiminbhai Jagdishbhai Shah, also known as Jaimin, is the Founder of Dev Information Technology Pvt. Ltd. and has been its Managing Director since February 21, 2017.He is Non-Executive Independent Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 26.9yrs | ₹3.70m | 21.78% ₹ 750.1m | |
| Founder | 7.8yrs | ₹4.04m | 13.67% ₹ 470.8m | |
| Chief Financial Officer | 7.8yrs | ₹1.77m | no data | |
| CTO & Whole Time Director | 7.8yrs | ₹3.26m | 7.07% ₹ 243.5m | |
| Company Secretary & Compliance Officer | 7.7yrs | ₹744.00k | no data | |
| Executive Director & Joint CEO | no data | ₹3.65m | 3.34% ₹ 114.9m | |
| HR Manager - Payroll Operations | no data | no data | no data | |
| Practice Head of Dynamics | no data | no data | no data | |
| Delivery Head of Cloud Services | no data | no data | no data | |
| Senior Vice President of Sales - Enterprise Applications | less than a year | no data | no data | |
| Senior Vice President of Sales - Blockchain | less than a year | no data | no data | |
| Senior Vice President of Operations - Enterprise Applications | less than a year | no data | no data |
7.7yrs
Average Tenure
51.5yo
Average Age
Experienced Management: DEVIT's management team is seasoned and experienced (7.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 26.9yrs | ₹3.70m | 21.78% ₹ 750.1m | |
| Founder | 26.9yrs | ₹4.04m | 13.67% ₹ 470.8m | |
| CTO & Whole Time Director | 10.3yrs | ₹3.26m | 7.07% ₹ 243.5m | |
| Executive Director & Joint CEO | 10.3yrs | ₹3.65m | 3.34% ₹ 114.9m | |
| Independent Non-Executive Director | 7.7yrs | ₹55.00k | no data | |
| Non-Executive Woman Independent Director | 7.7yrs | ₹70.00k | no data | |
| Independent Non-Executive Director | 2.4yrs | ₹45.00k | no data |
10.3yrs
Average Tenure
51.5yo
Average Age
Experienced Board: DEVIT's board of directors are seasoned and experienced ( 10.3 years average tenure).