Ittehad Chemicals Management

Management criteria checks 2/4

Ittehad Chemicals' CEO is Abdul Khatri, appointed in Mar 2014, has a tenure of 10.17 years. directly owns 1.78% of the company’s shares, worth PKR70.71M. The average tenure of the management team and the board of directors is 9.9 years and 3.8 years respectively.

Key information

Abdul Khatri

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.2yrs
CEO ownership	1.8%
Management average tenure	9.9yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO

Abdul Khatri

10.2yrs

Tenure

Mr. Abdul Sattar Khatri has been the Chief Executive Officer of Ittehad Chemicals Ltd. since March 28, 2014. Mr. Khatri serves as the Chief Executive Officer of Chemi Chloride Industries Ltd.He serves as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Abdul Khatri	CEO & Executive Director	10.2yrs	no data	1.78% PKR 70.7m
Muhammad Khan	Chief Financial Officer	1.8yrs	no data	no data
Waqas Khatri	Executive Director	no data	no data	0.73% PKR 29.2m
Abdul Khan	Company Secretary	9.9yrs	no data	no data

9.9yrs

Average Tenure

Experienced Management: ICL's management team is seasoned and experienced (9.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Abdul Khatri	CEO & Executive Director	no data	no data	1.78% PKR 70.7m
Waqas Khatri	Executive Director	no data	no data	0.73% PKR 29.2m
Muhammad Khatri	Non-Executive Chairman	10.1yrs	PK₨1.35m	13.96% PKR 554.8m
Farhana Abdul Khatri	Non-Executive Director	no data	no data	1.12% PKR 44.5m
Ahmed Khatri	Non Executive Director	1.2yrs	no data	3.8% PKR 151.1m
Pervez Ismail	Independent Director	6.3yrs	no data	0.00065% PKR 25.8k
Ali Asrar Aga	Independent Director	1.2yrs	no data	0.00050% PKR 19.9k

3.8yrs

Average Tenure

Experienced Board: ICL's board of directors are considered experienced (3.8 years average tenure).

Ittehad Chemicals Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Ittehad Chemicals Limited Appoints Muhammad Asif Khan as Chief Financial Officer in Place of Shahbaz Ali

Less than half of directors are independent

Ittehad Chemicals Limited Announces Chief Financial Officer Changes

Recent updates

Dividend of PK₨1.00 announced

New major risk - Earnings quality

Upcoming dividend of PK₨1.00 per share

Dividend of PK₨1.00 announced

Upcoming dividend of PK₨1.25 per share at 12% yield

Full year 2023 earnings released: EPS: PK₨18.26 (vs PK₨4.14 in FY 2022)

Upcoming dividend of PK₨1.00 per share at 5.6% yield

Second quarter 2023 earnings released: EPS: PK₨6.18 (vs PK₨1.92 in 2Q 2022)

Upcoming dividend of PK₨1.00 per share at 3.0% yield

Less than half of directors are independent

Upcoming dividend of PK₨1.00 per share

Full year 2022 earnings released: EPS: PK₨4.14 (vs PK₨6.57 in FY 2021)

Ittehad Chemicals Limited Appoints Muhammad Asif Khan as Chief Financial Officer in Place of Shahbaz Ali

Less than half of directors are independent

Ittehad Chemicals Limited Announces Chief Financial Officer Changes

First quarter 2022 earnings released: PK₨0.10 loss per share (vs PK₨2.01 profit in 1Q 2021)

Full year 2021 earnings released: EPS PK₨7.75 (vs PK₨0.72 in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨1.06 (vs PK₨0.56 in 3Q 2020)

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS PK₨3.03 (vs PK₨0.30 in 2Q 2020)

Investor sentiment improved over the past week

New 90-day high: PK₨40.11

New 90-day high: PK₨36.15

First quarter earnings released

Market bids up stock over the past week

New 90-day high: PK₨34.38

Upcoming Dividend of PK₨1.00 Per Share

Full year earnings released - EPS PK₨0.72

Full year earnings released - EPS PK₨0.72

New 90-day high - PK₨33.75

New 90-day high - PK₨30.26

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure