GMM Grammy Management

Management criteria checks 4/4

GMM Grammy's CEO is Boosaba Daorueng, appointed in Feb 2012, has a tenure of 12.75 years. directly owns 0.21% of the company’s shares, worth THB14.09M. The average tenure of the management team and the board of directors is 7.9 years and 9.6 years respectively.

Key information

Boosaba Daorueng

Chief executive officer

฿301.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	12.8yrs
CEO ownership	0.2%
Management average tenure	7.9yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO

Boosaba Daorueng (71 yo)

12.8yrs

Tenure

฿301,000

Compensation

Ms. Boosaba Daorueng serves as Executive Vice Chairman of The ONE Enterprise Public Company Limited since June 2024 and serves as its Executive Director and had served as its April 26, 2024. Ms. Daorueng h...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Boosaba Daorueng	Group CEO & Vice Chairman	12.8yrs	฿301.00k	0.21% THB 14.1m
Fahmai Damrongchaitham	Chief Strategic Officer–Music 1 & Executive Director	7.9yrs	฿301.00k	no data
Phawit Chitrakorn	Chief Executive Officer of GMM Music & Executive Director	7.8yrs	฿301.00k	no data
Janjira Panitpon	Chief Financial Officer	1.2yrs	no data	no data
Patchara Kiticunanon	Chief Accountant and Senior Accounting & Financial Manager	1.2yrs	no data	no data
Thanakorn Manoonpol	Head of Investor Relations	no data	no data	no data
Somsuda Ruampumsuk	Head of Compliance & Company Secretary	9.5yrs	no data	no data
Kittisak Chuang-A-Roon	Acting Chief Strategic Officer of Music 2	1.2yrs	฿618.00k	no data
Wichai Santadanuwat	Head of Internal Audit	18.5yrs	no data	no data
Jamorn Jirapaet	Head of Marketing & Sponsorship	no data	no data	no data

7.9yrs

Average Tenure

49.5yo

Average Age

Experienced Management: GRAMMY's management team is seasoned and experienced (7.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Boosaba Daorueng	Group CEO & Vice Chairman	30.7yrs	฿301.00k	0.21% THB 14.1m
Fahmai Damrongchaitham	Chief Strategic Officer–Music 1 & Executive Director	7.5yrs	฿301.00k	no data
Phawit Chitrakorn	Chief Executive Officer of GMM Music & Executive Director	7.6yrs	฿301.00k	no data
Suvit Mapaisansin	Independent Director	9.6yrs	฿881.00k	no data
Paiboon Damrongchaitham	Chairman of the Board & Chairman of the Advisory Board	30.7yrs	฿1.32m	52.71% THB 3.5b
Suwimon Jhungjotikapisit	Non Executive Director	14yrs	฿661.00k	no data
Chanitr Charnchainarong	Independent Director	9yrs	฿881.00k	no data
Naris Chaiyasoot	Independent Director	11.7yrs	฿1.12m	no data
Sunyaluck Chaikajornwat	Independent Director	3.9yrs	฿881.00k	no data

9.6yrs

Average Tenure

67yo

Average Age

Experienced Board: GRAMMY's board of directors are considered experienced (9.6 years average tenure).

GMM Grammy Management

Management criteria checks 4/4

Key information

Recent management updates

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2024

GMM Grammy Public Company Limited Appoints Kittisak Chuang-a-roon as (Acting) Chief Strategic Officer-Music 2, Effective September 1, 2023

Less than half of directors are independent

Less than half of directors are independent

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2022

GMM Grammy Public Company Limited, Annual General Meeting, Apr 30, 2021

Recent updates

Now 20% overvalued

Second quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.007 in 2Q 2023)

New major risk - Share price stability

Investor sentiment improves as stock rises 37%

First quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.002 in 1Q 2023)

New minor risk - Share price stability

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: ฿0.16 loss per share (vs ฿0.20 profit in FY 2022)

New minor risk - Share price stability

Third quarter 2023 earnings released: ฿0.06 loss per share (vs ฿0.14 profit in 3Q 2022)

GMM Grammy Public Company Limited Appoints Kittisak Chuang-a-roon as (Acting) Chief Strategic Officer-Music 2, Effective September 1, 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.03 in 2Q 2022)

Investor sentiment improves as stock rises 19%

GMM Grammy Public Company Limited to Report Q2, 2023 Results on Aug 11, 2023

First quarter 2023 earnings released: EPS: ฿0.002 (vs ฿0.19 loss in 1Q 2022)

Third quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.02 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.02 loss in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.045 in 3Q 2020)

Second quarter 2021 earnings released: ฿0.02 loss per share (vs ฿0.009 profit in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.49 (vs ฿0.05 in 1Q 2020)

New 90-day high: ฿10.20

Full year 2020 earnings released: ฿0.21 loss per share (vs ฿0.42 profit in FY 2019)

GMM Grammy Public Company Limited, Annual General Meeting, Apr 30, 2021

Gmm Grammy Public Company Limited Announces Executive Changes

GMM Grammy Public Company Limited Announces Resignation of Director

GMM Grammy Public Company Limited Appoints Sunyaluck Chaikajornwat as an Independent Director, Member of Audit Committee and Member of Corporate Governance and Ethics Committee

GMM Grammy Public Company Limited Announces Resignation of Warathorn Wongsawangsiri as Independent Director, Member of the Audit Committee, and Member of the Corporate Governance and Ethics Committee

The One Enterprise Company Limited entered into an agreement to acquire GMM Channel Holding Company Limited from GMM Grammy Public Company Limited (SET:GRAMMY) and Siridamrongdham Co., Ltd. for THB 1.2 billion.

Third quarter 2020 earnings released: EPS ฿0.045

New 90-day low: ฿8.90

New 90-day low: ฿9.20

New 90-day low: ฿9.25

New 90-day high - ฿10.10

First half earnings released

New 90-day high - ฿9.90

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age