As of 5:34 AM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).
Executive Profile*
Hemant Madhusudan Nerurkar Managing Director, Executive Director of India & South East Asia, Executive Director, Member of Executive Committee, Member of Committee of Directors and Member of Safety, Health & Environment Committee, Tata Steel Limited | |
| Age | Total Calculated Compensation | This person is connected to 62 board members in 9 different organizations across 11 different industries.
See Board Relationships |
| 64 | 64,225,000
As of Fiscal Year 2012 |
Background*
Mr. Hemant Madhusudan Nerurkar has been the Managing Director, In Charge of India and Southeast Asia operations at Tata Steel Limited (formerly, Tata Iron & Steel Co. Ltd.) of Tata Motors Limited since October 10, 2009 and as its Executive Director of India & South East Asia since April 9, 2009. Mr. Nerurkar serves as Vice President (Ferrous Division) at Indian Institute of Metals. He has over 35 years of experience in steel industry in various functions. He is an Executive ... with multifaceted experience ranging from project execution, manufacturing, Quality Control, Supply Chain, Marketing. He has business acumen in identifying new business opportunities for accelerated growth. He served as Chief Operating Officer Tata Steel Limited, India from 2007 to 2010. Mr. Nerurkar served as the Vice President of Kalinganagar Project, Orissa of Tata Steel Limited since November 2004. He served as the Chief Operating Officer at Tata Steel Limited since September 1, 2007 He served as an Executive-In-Charge (Flat Products) of Tata Steel Limited and also served as its Vice President of Flat Products since November 2002. He served as Assistant Research Engineer at Tata Steel for 5 years and Manager (QC) at U.M.I. Ltd. for 5 years. He joined Tata Steel on February 1, 1982. After a short stint in the R&D Division at Tata Steel, he worked for over 20 years in the areas of quality control including as the Chief Metallurgist, Senior Deputy Manager (LD-2 Projects), Deputy General Manager (Steel & Primary Mills), General Manager (Marketing), Senior General Manager (Supply Chain) and Chief Operating Officer (Steel). He serves as the Chairman of NatSteel Holdings Pte Ltd. He serves as Chairman of TM International Logistics Ltd., and JAMIPOL Ltd. He has been the Chairman of TM International Logistics Ltd., India since 2003. He has been the Chairman of the Board of Tata Steel (Thailand) Public Company Limited since February 2, 2010 and TRL Krosaki Refractories Ltd. since August 27, 2011. He has been the Chairman of Hooghly Met Coke & Power Co. Ltd., since 2008. He serves as Chairman of Global Research & Development Board at Tata Steel Europe Limited. He serves as the Chairman of Tata Steel Global Minerals Holdings Pte Limited. Mr. Nerurkar served as the Chairman of Tata Metaliks Ltd. from January 11, 2008 to October 29, 2009. He served as Vice Chairman of Tata Steel (Thailand) Public Company Limited from February 14, 2008 to February 2, 2010. He serves as a Director of Tata Steel Europe Limited. He has been a Director of NatSteel Holdings Pte Ltd., Singapore and NatSteel Asia Pte Ltd., Singapore since 2008. He has been a Director of New Millennium Iron Corp. since October 13, 2010 and Tata Steel (Thailand) Public Company Limited since February 14, 2008. He serves as a Director of Tata BlueScope Steel Limited. He has been an Executive Director/Additional Director of Tata Steel Limited since April 9, 2009. He has been a Director of NatSteel Asia Pte Ltd., since 2008 and Tata BlueScope Steel, India since 2006. He serves as a Director of Tata BlueSc3ope Steel Ltd. He serves on the board of several Tata companies, including Centennial Steel; Corus Consulting, UK; New Millenium Capital Corporation; Tata Steel Holdings; Tata Steel Global Holdings; Tata Steel Global Procurement Co. and Tata Steel Europe. He served as a Director of The Dhamra Port Company Limited from May 6, 2005 to February 4, 2008. He served as Non Independent Executive Director of Tata Steel Limited. He is President of the Institute for Steel Development & Growth. He is the President of the Tata Steel Rural Development Society. He has been a Director of World Steel Association, Belgium since 2009 and CEDEP, France. He has officiated in several positions and is actively associated with various academic and professional bodies and clubs in different capacities like Indian Institute of Metals, ULSAC / ULSAS / ULSAB of IISI Brussels, INSDAG, AIMA Governing Council, XIM, Bhubaneshwar Governing Council, Institute of Environmental. Management Studies, Jamshedpur Kennel Club, Indian Cancer Society, Jamshedpur Branch. He is Chairman of the board of governors of XLRI, Jamshedpur. He is chairman of the Internal Security Task Force and Member of CII Eastern Region. He is a Member of the general body of the Sports Authority of India set up by the Government of India. He is a Member of the governing body of CSIR Society. He is a Trustee of Tata Steel Sports Foundation. His talent was recognised in the form of several awards - National Metallurgist (Ferrous Metallurgy) in 1987. During his illustrious career, Mr. Nerurkar was conferred upon with several prestigious awards such as the 'Tata Gold Medal 2004', 'SMS Demag Excellence Award 2002', Steel 80s Award - 1990', 'SAIL Gold Medal - 1989' and Visveswaraya Award - 1988'. He was conferred with the 'CEO with HR Orientation Award' by Asia's Best Employer Brand Awards in 2010 and also by Star News. He was honoured with Melvin Jones Fellowship Award from Lions Club International. He holds a B.Tech. in Metallurgical Engineering from Collage of Engineering, Pune, India in 1971.
Corporate Headquarters*
Bombay House
Mumbai, Maharashtra 400001
India
Phone: 91 22 6665 8282
Fax: 91 22 6665 7724
Board Members Memberships*
Director Chairman Chairman of Global Research & Development Board, Director and Managing Director of Tata Steel 2005-2008 Former Director 2008-Present Chairman, Chairman of Executive Committee and Co-Chairman of Remuneration Committee 2008-2009 Former Chairman, Member of Committee of Board and Member of Remuneration Committee 2009-Present Managing Director, Executive Director of India & South East Asia, Executive Director, Member of Executive Committee, Member of Committee of Directors and Member of Safety, Health & Environment Committee 2010-Present Director 2011-Present Chairman
Education*
There is no Education data available.
Other Affiliations*
|
Annual Compensation*
| Salary | 11,309,000 | | Total Annual Compensation | 11,309,000 |
Stock Options*
| All Other Compensation | 52,916,000 |
Total Compensation*
| Total Annual Cash Compensation | 64,225,000 | | Total Short Term Compensation | 11,309,000 | | Other Long Term Compensation | 52,916,000 | | Total Calculated Compensation | 64,225,000 |
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*Data is at least as current as the most recent Definitive Proxy.
