IGC Pharma Management
Management criteria checks 2/4
IGC Pharma's CEO is Ram Mukunda, appointed in Apr 2005, has a tenure of 19.08 years. total yearly compensation is $1.01M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 6.56% of the company’s shares, worth $2.26M. The average tenure of the management team and the board of directors is 6.7 years and 2.3 years respectively.
Key information
Ram Mukunda
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 35.8% |
| CEO tenure | 19.1yrs |
| CEO ownership | 6.6% |
| Management average tenure | 6.7yrs |
| Board average tenure | 2.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$11m |
| Jun 30 2023 | n/a | n/a | -US$11m |
| Mar 31 2023 | US$1m | US$360k | -US$12m |
| Dec 31 2022 | n/a | n/a | -US$14m |
| Sep 30 2022 | n/a | n/a | -US$14m |
| Jun 30 2022 | n/a | n/a | -US$16m |
| Mar 31 2022 | US$6m | US$320k | -US$15m |
| Dec 31 2021 | n/a | n/a | -US$11m |
| Sep 30 2021 | n/a | n/a | -US$11m |
| Jun 30 2021 | n/a | n/a | -US$9m |
| Mar 31 2021 | US$801k | US$292k | -US$9m |
| Dec 31 2020 | n/a | n/a | -US$9m |
| Sep 30 2020 | n/a | n/a | -US$8m |
| Jun 30 2020 | n/a | n/a | -US$8m |
| Mar 31 2020 | US$719k | US$300k | -US$7m |
| Dec 31 2019 | n/a | n/a | -US$6m |
| Sep 30 2019 | n/a | n/a | -US$5m |
| Jun 30 2019 | n/a | n/a | -US$5m |
| Mar 31 2019 | US$712k | US$300k | -US$4m |
| Dec 31 2018 | n/a | n/a | -US$3m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | US$469k | US$300k | -US$2m |
Compensation vs Market: Ram's total compensation ($USD1.01M) is above average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Ram's compensation has been consistent with company performance over the past year.
CEO
Ram Mukunda (64 yo)
19.1yrs
Tenure
US$1,006,000
Compensation
Mr. Ram Mukunda is the Founder of IGC Pharma, Inc. (formerly known as India Globalization Capital, Inc.) and has been Chief Executive Officer, President and Executive Director since April 29, 2005. He is r...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.1yrs | US$1.01m | 6.56% $ 2.3m | |
| VP, Principal Financial Officer | 6yrs | US$320.00k | 1.57% $ 539.3k | |
| Senior Director of Accounting & Principal Accounting Officer | 6.7yrs | US$41.00k | no data |
6.7yrs
Average Tenure
52yo
Average Age
Experienced Management: IGC's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.1yrs | US$1.01m | 6.56% $ 2.3m | |
| VP, Principal Financial Officer | 2.2yrs | US$320.00k | 1.57% $ 539.3k | |
| Independent Chairman of the Board | 17yrs | US$75.00k | 1.88% $ 646.3k | |
| Independent Director | less than a year | no data | 0.045% $ 15.3k | |
| Independent Director | 2.3yrs | US$43.00k | 0.54% $ 184.2k |
2.3yrs
Average Tenure
66yo
Average Age
Experienced Board: IGC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.