Sterlite Technologies Management
Management criteria checks 2/4
Sterlite Technologies' CEO is Ankit Agarwal, appointed in Dec 2021, has a tenure of 2.42 years. directly owns 0.17% of the company’s shares, worth ₹115.23M. The average tenure of the management team and the board of directors is 1.5 years and 4.7 years respectively.
Key information
Ankit Agarwal
Chief executive officer
₹41.8m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher
Apr 30
Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns
Feb 27Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term
Oct 28Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
May 23Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal
Mar 01We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?
Dec 14Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)
Sep 30Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50
Aug 09Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Jul 26Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)
Jun 15Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
Apr 28Calculating The Intrinsic Value Of Sterlite Technologies Limited (NSE:STLTECH)
Mar 22Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden
Feb 17Return Trends At Sterlite Technologies (NSE:STLTECH) Aren't Appealing
Jan 19Should You Think About Buying Sterlite Technologies Limited (NSE:STLTECH) Now?
Dec 08Sterlite Technologies (NSE:STLTECH) Has A Pretty Healthy Balance Sheet
Oct 22An Intrinsic Calculation For Sterlite Technologies Limited (NSE:STLTECH) Suggests It's 40% Undervalued
Sep 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹1b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹3b |
| Mar 31 2023 | ₹39m | n/a | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹326m |
| Jun 30 2022 | n/a | n/a | -₹870m |
| Mar 31 2022 | ₹37m | ₹27m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹4b |
| Jun 30 2021 | n/a | n/a | ₹4b |
| Mar 31 2021 | ₹6m | ₹6m | ₹3b |
Compensation vs Market: Ankit's total compensation ($USD500.93K) is above average for companies of similar size in the Indian market ($USD380.97K).
Compensation vs Earnings: Ankit's compensation has been consistent with company performance over the past year.
CEO
Ankit Agarwal (40 yo)
2.4yrs
Tenure
₹41,800,000
Compensation
Mr. Ankit Agarwal serves as Director at Sterlite Technologies Limited since October 2023. He served as Whole Time Director at Sterlite Technologies Limited since January 20, 2021 until October 2023 and ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 2.4yrs | ₹41.80m | 0.17% ₹ 115.2m | |
| Vice Chairman & Whole-Time Director | 17.6yrs | ₹83.70m | 0.010% ₹ 6.9m | |
| Director of Operations | less than a year | ₹15.80m | 0.011% ₹ 7.3m | |
| Group Chief Financial Officer | 1.4yrs | no data | no data | |
| Group Chief Technology Officer | no data | ₹14.35m | 0% ₹ 0 | |
| Head of Investor Relations | no data | no data | no data | |
| Corporate General Counsel | 10.2yrs | ₹7.20m | no data | |
| Global Head of Marketing & Communications | less than a year | no data | no data | |
| Chief Sales Officer | 1.7yrs | no data | no data | |
| Group Chief Human Resources Officer | no data | no data | 0.0092% ₹ 6.1m | |
| Chief Delivery & Technology Officer - Telecom Services | no data | no data | no data | |
| Global Head of Tech Pre-Sales - Optical Network Business | no data | no data | 0.027% ₹ 17.9m |
1.5yrs
Average Tenure
58yo
Average Age
Experienced Management: STLTECH's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.3yrs | ₹41.80m | 0.17% ₹ 115.2m | |
| Vice Chairman & Whole-Time Director | 17.6yrs | ₹83.70m | 0.010% ₹ 6.9m | |
| Director of Operations | less than a year | ₹15.80m | 0.011% ₹ 7.3m | |
| Non-Executive Chairman | 17.6yrs | no data | no data | |
| Independent Director | 6.6yrs | ₹4.40m | 0.0017% ₹ 1.1m | |
| Independent Director | 3.3yrs | ₹4.30m | no data | |
| Independent Director | 3.3yrs | ₹4.20m | 0.00062% ₹ 415.4k | |
| Independent Director | 6yrs | ₹4.50m | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
4.7yrs
Average Tenure
64yo
Average Age
Experienced Board: STLTECH's board of directors are considered experienced (4.7 years average tenure).