Gulf Development Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sarath Ratanavadi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	8.7yrs
CEO ownership	60.0%
Management average tenure	6yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

CEO

Sarath Ratanavadi (59 yo)

8.7yrs

Tenure

Mr. Sarath Ratanavadi is Chairman of the Board of Thaicom Public Company Limited from May 1, 2025. Mr. Ratanavadi was Vice Chairman of the Board of Thaicom Public Company Limited from May 09, 2023 to May 1...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sarath Ratanavadi	CEO & Vice Chairman	no data	no data	59.96% THB 385.2b
Yupapin Wangviwat	Deputy CEO	6yrs	no data	0.021% THB 134.9m
Porntipa Chinvetkitvanit	Deputy Chief Executive Officer & Director	no data	no data	0.015% THB 96.4m
Boonchai Thirati	Director & Deputy Chief Executive Officer	no data	no data	0.013% THB 83.5m
Olarn Srivalattha	Head of Accounting	6.8yrs	no data	no data
Ratthaphol Cheunsomchit	Deputy Chief Executive Officer	5yrs	no data	no data
Ravi Kurmarohita	Deputy Chief Executive Officer	1.8yrs	no data	no data
Chotiros Likitcharoenpanich	Head of Internal Audit	no data	no data	no data
Chattawan Jaijakul	Company Secretary & Executive Vice President – Corporate Secretary	8.8yrs	no data	no data

6.0yrs

Average Tenure

55yo

Average Age

Experienced Management: GULF-F's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sarath Ratanavadi	CEO & Vice Chairman	8.7yrs	no data	59.96% THB 385.2b
Yupapin Wangviwat	Deputy CEO	7.3yrs	no data	0.021% THB 134.9m
Porntipa Chinvetkitvanit	Deputy Chief Executive Officer & Director	8.7yrs	no data	0.015% THB 96.4m
Boonchai Thirati	Director & Deputy Chief Executive Officer	8.7yrs	no data	0.013% THB 83.5m
Somprasong Boonyachai	Independent Director	3.8yrs	฿2.87m	0.0020% THB 12.8m
Viset Choopiban	Independent Chairman of the Board	8.7yrs	฿3.66m	0.0070% THB 45.0m
Sommai Phasee	Independent Director	8.3yrs	฿2.93m	no data
Kasem Snidvongs	Independent Director	8.7yrs	฿3.06m	no data
Raweporn Kuhirun	Independent Director	8.7yrs	฿2.93m	no data
Santi Boonprakub	Independent Director	8.7yrs	฿2.87m	no data
Chotikul Sookpiromkasem	Director	6.8yrs	no data	0.011% THB 70.7m
Predee Daochai	Independent Director	3.8yrs	฿4.47m	no data

8.7yrs

Average Tenure

69yo

Average Age

Experienced Board: GULF-F's board of directors are considered experienced (8.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/10 15:06
End of Day Share Price	2026/01/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gulf Development Public Company Limited is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Narumon Ekasamut	BofA Global Research
Suppata Srisuk	Bualuang Securities PCL
Wikij Tirawannarat	Bualuang Securities PCL