Jet Freight Logistics Management
Management criteria checks 2/4
Jet Freight Logistics' CEO is Richard Theknath, appointed in Jun 2016, has a tenure of 8.42 years. total yearly compensation is ₹11.31M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 23.38% of the company’s shares, worth ₹156.76M. The average tenure of the management team and the board of directors is 0.8 years and 7.1 years respectively.
Key information
Richard Theknath
Chief executive officer
₹11.3m
Total compensation
| CEO salary percentage | 34.0% |
| CEO tenure | 8.4yrs |
| CEO ownership | 23.4% |
| Management average tenure | less than a year |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹85m |
| Jun 30 2024 | n/a | n/a | ₹43m |
| Mar 31 2024 | ₹11m | ₹4m | ₹2m |
| Dec 31 2023 | n/a | n/a | -₹15m |
| Sep 30 2023 | n/a | n/a | -₹76m |
| Jun 30 2023 | n/a | n/a | -₹43m |
| Mar 31 2023 | ₹11m | ₹4m | -₹4m |
| Dec 31 2022 | n/a | n/a | -₹9m |
| Sep 30 2022 | n/a | n/a | ₹18m |
| Jun 30 2022 | n/a | n/a | ₹23m |
| Mar 31 2022 | ₹10m | n/a | ₹30m |
| Dec 31 2021 | n/a | n/a | ₹77m |
| Sep 30 2021 | n/a | n/a | ₹65m |
| Jun 30 2021 | n/a | n/a | ₹34m |
| Mar 31 2021 | ₹10m | n/a | ₹21m |
| Dec 31 2020 | n/a | n/a | -₹69m |
| Sep 30 2020 | n/a | n/a | -₹120m |
| Jun 30 2020 | n/a | n/a | -₹111m |
| Mar 31 2020 | ₹12m | ₹12m | -₹103m |
| Dec 31 2019 | n/a | n/a | -₹17m |
| Sep 30 2019 | n/a | n/a | ₹70m |
| Jun 30 2019 | n/a | n/a | ₹75m |
| Mar 31 2019 | ₹11m | ₹11m | ₹81m |
| Mar 31 2018 | ₹11m | ₹11m | ₹52m |
Compensation vs Market: Richard's total compensation ($USD134.01K) is above average for companies of similar size in the Indian market ($USD42.64K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Theknath (45 yo)
8.4yrs
Tenure
₹11,313,420
Compensation
Mr. Richard Francis Theknath has been Managing Director of Jet Freight Logistics Limited since June 20, 2016 and has been its Director since April 13, 2006. Mr. Theknath serves as the Chairman at Jet Freig...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.4yrs | ₹11.31m | 23.38% ₹ 156.8m | |
| Chief Financial Officer | less than a year | ₹2.12m | no data | |
| Executive Director | no data | ₹10.73m | 20.73% ₹ 139.0m | |
| Executive Vice President of Business Excellence & Technology | no data | no data | no data | |
| Company Secretary & Compliance Officer | less than a year | no data | no data | |
| Regional Head for Air Freight - West and South | no data | no data | no data |
0.8yrs
Average Tenure
45yo
Average Age
Experienced Management: 543420's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 18.6yrs | ₹11.31m | 23.38% ₹ 156.8m | |
| Executive Director | 18.6yrs | ₹10.73m | 20.73% ₹ 139.0m | |
| Non- Executive Director | 12.2yrs | no data | 6.81% ₹ 45.7m | |
| Additional Independent Director | 2yrs | ₹240.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.4yrs | ₹140.00k | no data |
7.1yrs
Average Tenure
43yo
Average Age
Experienced Board: 543420's board of directors are considered experienced (7.1 years average tenure).