Softlogic Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Asoka Pathirage

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	21.3yrs
CEO ownership	41.4%
Management average tenure	9.3yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO

Asoka Pathirage (59 yo)

21.3yrs

Tenure

Mr. R. Ashok Kariyawasam Pathirage, also known as Asoka, is Executive Chairman, CEO & MD of Softlogic Holdings PLC. He serves as Chairman of SriLankan Airlines Limited and has been its Director since Decem...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
R. Ashok Pathirage	Executive Chairman	no data	no data	41.35% LKR 4.8b
Aashiq Cader Lafir	Group Finance Director	no data	no data	no data
Niloo Jayatilake	Head of Investments	9.3yrs	no data	no data
Hiran Kenneth Perera	Director of Group Treasury	11.3yrs	no data	no data
Dinesh Samaratunga	Group Chief Information Officer	no data	no data	no data
Rosheni Wickramaratne	Group Head of Legal & Company Secretarial	3.2yrs	no data	no data
Desiree Karunaratne	Group Director of Marketing	no data	no data	no data
Natasha Fonseka	Group Director of Human Capital & Taxation	no data	no data	no data
Haresh Kaimal	Executive Director	no data	no data	6.75% LKR 788.3m
Govinda Waduge Don Hemantha Gunawardena	Executive Director	no data	no data	5.98% LKR 699.1m
Ranjan Perera	Executive Director	no data	no data	6.33% LKR 739.3m
Mohamed Pharvees Rassool	Executive Director	no data	no data	no data

9.3yrs

Average Tenure

Experienced Management: SHL.N0000's management team is seasoned and experienced (9.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
R. Ashok Pathirage	Executive Chairman	21.3yrs	no data	41.35% LKR 4.8b
Haresh Kaimal	Executive Director	no data	no data	6.75% LKR 788.3m
Govinda Waduge Don Hemantha Gunawardena	Executive Director	no data	no data	5.98% LKR 699.1m
Ranjan Perera	Executive Director	no data	no data	6.33% LKR 739.3m
Mohamed Pharvees Rassool	Executive Director	15.3yrs	no data	no data
Shirish Saraf	Non-Executive Non-Independent Director	6.1yrs	no data	no data
Chetan Gupta	Alternate Director	6.2yrs	no data	no data
Ajantha Dharmasiri	Non-Executive Independent Director	7.8yrs	no data	no data
Aaron Russell-Davison	Non-Executive Non-Independent Director	7.6yrs	no data	no data
Joseph Dacius Kekulawala	Senior Non-Executive Independent Director	5.3yrs	no data	no data

7.6yrs

Average Tenure

55yo

Average Age

Experienced Board: SHL.N0000's board of directors are considered experienced (7.6 years average tenure).

Softlogic Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Softlogic Holdings PLC, Annual General Meeting, May 17, 2024

Less than half of directors are independent

Insufficient new directors

Chairman recently bought LK₨19m worth of stock

Less than half of directors are independent

Recent updates

Less than half of directors are independent

Softlogic Holdings PLC, Annual General Meeting, May 17, 2024

Third quarter 2023 earnings released: LK₨6.51 loss per share (vs LK₨1.05 profit in 3Q 2022)

New major risk - Negative shareholders equity

Less than half of directors are independent

Insufficient new directors

First quarter 2023 earnings released: LK₨1.76 loss per share (vs LK₨0.52 loss in 1Q 2022)

Chairman recently bought LK₨19m worth of stock

Full year 2022 earnings released: LK₨1.73 loss per share (vs LK₨3.84 loss in FY 2021)

Less than half of directors are independent

Non-Executive Independent Director recently sold LK₨3.2m worth of stock

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Chairman recently bought LK₨35m worth of stock

Second quarter 2022 earnings released: EPS LK₨0.14 (vs LK₨0.92 loss in 2Q 2021)

Less than half of directors are independent

Chairman recently bought LK₨24m worth of stock

First quarter 2022 earnings released: LK₨0.52 loss per share (vs LK₨2.08 loss in 1Q 2021)

Full year 2021 earnings released: LK₨3.68 loss per share (vs LK₨3.96 loss in FY 2020)

New 90-day low: LK₨11.90

Third quarter 2021 earnings released: EPS LK₨0.05 (vs LK₨0.04 in 3Q 2020)

New 90-day high: LK₨13.80

New 90-day high: LK₨13.40

Softlogic Holdings PLC, Annual General Meeting, Jan 19, 2021

Insider recently sold LK₨6.6m worth of stock

Chairman recently bought LK₨5.7m worth of stock

Chairman recently bought LK₨3.6m worth of stock

New 90-day high: LK₨11.90

Third quarter 2020 earnings released: EPS LK₨0.04

Chairman recently bought LK₨265k worth of stock

Third quarter earnings released

New 90-day low: LK₨10.10

New 90-day high: LK₨11.50

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age