John Keells Holdings Management

Management criteria checks 2/4

John Keells Holdings' CEO is Krishan Niraj Balendra, appointed in Jan 2019, has a tenure of 5.33 years. directly owns 2.19% of the company’s shares, worth LKR6.37B. The average tenure of the management team and the board of directors is 5.3 years and 7.5 years respectively.

Key information

Krishan Niraj Balendra

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.3yrs
CEO ownership	2.2%
Management average tenure	5.3yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO

Krishan Niraj Balendra

5.3yrs

Tenure

Mr. Krishan Niraj Jayasekara Balendra serves as the Chairman at Ceylon Cold Stores PLC since January 1, 2019. Mr. Balendra has been the Chairman of Union Assurance PLC since January 1, 2019 and serves as i...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Krishan Niraj Balendra	Chairman & CEO	5.3yrs	no data	2.19% LKR 6.4b
Joseph Gihan Cooray	Deputy Chairman & Group Finance Director	7.5yrs	no data	0.015% LKR 43.7m
Ramesh Shanmuganathan	Group Chief Information Officer & Executive VP	no data	no data	no data
Nadija Tambiah	Head of Legal & Secretarial and Executive VP	no data	no data	no data
Kamini Weerasinghe	Executive VP & CFO of Transportation Industry Group	no data	no data	no data
Waruna Rajapaksa	Head of New Business Development & Executive VP	no data	no data	no data
Chandrika Perera	Executive VP & CFO of Leisure Group	19.2yrs	no data	no data
Rohan Karunarajah	Sector Head of City Hotels & Executive VP	no data	no data	no data
Ahamed Hashim	Executive VP & Head of the Transportation Sector	no data	no data	no data
Kaminda Subasinghe	President of Supermarket business	no data	no data	no data
Nayana Mawilmada	Executive VP & Sector Head of the Property Group	no data	no data	no data
Daminda Gamlath	Executive Vice President of Consumer Foods Sector	no data	no data	no data

5.3yrs

Average Tenure

Experienced Management: JKH.N0000's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Krishan Niraj Balendra	Chairman & CEO	7.5yrs	no data	2.19% LKR 6.4b
Joseph Gihan Cooray	Deputy Chairman & Group Finance Director	7.5yrs	no data	0.015% LKR 43.7m
Anthony Fonseka	Senior Independent Director	10.5yrs	no data	no data
Shridhir Sariputta Wijayasuriya	Independent Non-Executive Director	7.6yrs	no data	no data
Damian Cabraal	Independent Non-Executive Director	10.5yrs	no data	0.018% LKR 52.4m
Suren Fernando	Non-Executive Director	less than a year	no data	no data
Sharmini Coorey	Independent Non-Executive Director	1.3yrs	no data	no data

7.5yrs

Average Tenure

Experienced Board: JKH.N0000's board of directors are considered experienced (7.5 years average tenure).

John Keells Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

John Keells Holdings PLC Announces Retirement of M P Perera as Independent Non-Executive Director

John Keells Holdings PLC, Annual General Meeting, Jun 30, 2023

Insufficient new directors

Independent Non-Executive Director recently bought LK₨6.5m worth of stock

Independent Non-Executive Director recently bought LK₨6.2m worth of stock

John Keells Holdings PLC, Annual General Meeting, Jun 24, 2022

Recent updates

Upcoming dividend of LK₨0.50 per share at 0.8% yield

Third quarter 2024 earnings released: EPS: LK₨2.15 (vs LK₨1.43 in 3Q 2023)

Price target increased by 10% to LK₨212

Second quarter 2024 earnings released

Price target increased by 7.6% to LK₨207

Investor sentiment improves as stock rises 16%

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: LK₨1.06 (vs LK₨8.14 in 1Q 2023)

John Keells Holdings PLC Announces Retirement of M P Perera as Independent Non-Executive Director

John Keells Holdings PLC, Annual General Meeting, Jun 30, 2023

Full year 2023 earnings released: EPS: LK₨13.12 (vs LK₨15.13 in FY 2022)

Price target increased by 7.1% to LK₨196

Third quarter 2023 earnings released: EPS: LK₨1.43 (vs LK₨3.72 in 3Q 2022)

Insufficient new directors

Upcoming dividend of LK₨1.00 per share

Second quarter 2023 earnings released: EPS: LK₨1.16 (vs LK₨2.17 in 2Q 2022)

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought LK₨6.5m worth of stock

Independent Non-Executive Director recently bought LK₨6.2m worth of stock

Price target decreased to LK₨221

First quarter 2023 earnings released: EPS: LK₨8.14 (vs LK₨1.16 in 1Q 2022)

John Keells Holdings PLC, Annual General Meeting, Jun 24, 2022

Full year 2022 earnings released: EPS: LK₨15.13 (vs LK₨3.62 in FY 2021)

Price target increased to LK₨237

Insufficient new directors

Price target increased to LK₨226

Upcoming dividend of LK₨0.50 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

John Keells Holdings PLC announced that it expects to receive $80 million in funding from Asia Development Bank, Investment Arm

Independent Non-Executive Director recently bought LK₨7.3m worth of stock

Insufficient new directors

Upcoming dividend of LK₨0.50 per share

Second quarter 2022 earnings released: EPS LK₨2.17 (vs LK₨0.52 in 2Q 2021)

Independent Non-Executive Director recently bought LK₨7.2m worth of stock

Price target increased to LK₨211

First quarter 2022 earnings released: EPS LK₨1.16 (vs LK₨1.26 loss in 1Q 2021)

Upcoming dividend of LK₨0.50 per share

Full year 2021 earnings released: EPS LK₨3.62 (vs LK₨7.14 in FY 2020)

Adani Ports and Special Economic Zone Ltd. Bolsters its Global Footprint with Colombo Port's West Container Terminal Partnership Further Enhances Multi-Dimensional Strategic Relationship Between India and Sri Lanka

Price target raised to LK₨164

Upcoming Dividend of LK₨0.50 Per Share

Third quarter 2021 earnings released: EPS LK₨0.75 (vs LK₨1.82 in 3Q 2020)

New 90-day high: LK₨155

New 90-day high: LK₨153

New 90-day high: LK₨138

Upcoming Dividend of LK₨0.50 Per Share

Second quarter 2021 earnings released: EPS LK₨0.52

Independent Non Executive Director recently bought LK₨50m worth of stock

New 90-day high - LK₨136

Independent Non Executive Director recently sold LK₨5.4m worth of stock

Price target lowered to LK₨133

Independent Non Executive Director recently bought LK₨97m worth of stock

New 90-day high - LK₨134

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure