Ittefaq Iron Industries Management

Management criteria checks 2/4

Ittefaq Iron Industries' CEO is Shahzad Javed, appointed in Sep 2018, has a tenure of 6.17 years. directly owns 6.85% of the company’s shares, worth PKR62.49M. The average tenure of the management team and the board of directors is 5.8 years and 3.7 years respectively.

Key information

Shahzad Javed

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.2yrs
CEO ownership	6.8%
Management average tenure	5.8yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO

Shahzad Javed

6.2yrs

Tenure

Mr. Shahzad Javed has been the Chief Executive Officer and Executive Director at Ittefaq Iron Industries Limited since September 26, 2018. Mr. Javed had held the directorships at Ittefaq Sugar Mills Ltd.,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Muhammad Shafi	Executive Chairman	no data	no data	0.024% PKR 214.8k
Shahzad Javed	CEO & Executive Director	6.2yrs	no data	6.85% PKR 62.5m
Abdul Khaliq Khilji	Chief Financial Officer	5.8yrs	no data	no data
Ahsan-Ul-Haq Abid	Chief Operating Officer	no data	no data	no data
Haroon Arif	Manager of Marketing	no data	no data	no data
Syed Sikander Shah	Company Secretary	1.3yrs	no data	no data

5.8yrs

Average Tenure

Experienced Management: ITTEFAQ's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Muhammad Shafi	Executive Chairman	no data	no data	0.024% PKR 214.8k
Shahzad Javed	CEO & Executive Director	6.2yrs	no data	6.85% PKR 62.5m
Wajeeha Shahzad	Non Executive Director	no data	no data	1.29% PKR 11.8m
Tayyab Ali	Non Executive Director	3.7yrs	no data	0.000070% PKR 638.6
Sobia Irshad	Non Executive Director	3.7yrs	no data	0.000070% PKR 638.6
Muhammad Iqbal	Independent Director	no data	no data	0.00021% PKR 1.9k
Khurram Jamil	Independent Director	no data	no data	0.00017% PKR 1.6k

3.7yrs

Average Tenure

Experienced Board: ITTEFAQ's board of directors are considered experienced (3.7 years average tenure).

Ittefaq Iron Industries Management

Management criteria checks 2/4

Key information

Recent management updates

Ittefaq Iron Industries Limited, Annual General Meeting, Oct 28, 2024

Ittefaq Iron Industries Limited Announces Executive Changes

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Full year 2024 earnings released: PK₨5.69 loss per share (vs PK₨0.65 loss in FY 2023)

Ittefaq Iron Industries Limited, Annual General Meeting, Oct 28, 2024

New minor risk - Share price stability

New minor risk - Share price stability

New minor risk - Share price stability

Ittefaq Iron Industries Limited Announces Executive Changes

Second quarter 2023 earnings released: PK₨1.07 loss per share (vs PK₨0.75 profit in 2Q 2022)

Less than half of directors are independent

First quarter 2023 earnings released: EPS: PK₨0.14 (vs PK₨0.54 in 1Q 2022)

Full year 2022 earnings released: EPS: PK₨1.62 (vs PK₨1.85 in FY 2021)

Investor sentiment deteriorated over the past week

Less than half of directors are independent

First quarter 2022 earnings released: EPS PK₨0.54 (vs PK₨0.26 in 1Q 2021)

Full year 2021 earnings released: EPS PK₨1.85 (vs PK₨1.66 loss in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨0.55 (vs PK₨0.34 loss in 3Q 2020)

Investor sentiment deteriorated over the past week

New 90-day low: PK₨16.07

Second quarter 2021 earnings released: EPS PK₨0.52 (vs PK₨1.02 loss in 2Q 2020)

New 90-day high: PK₨18.75

New 90-day high: PK₨18.04

Full year earnings released - PK₨1.66 loss per share

Full year earnings released - PK₨1.66 loss per share

New 90-day high - PK₨11.67

New 90-day high - PK₨9.99

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure