C K Venkataraman, an accomplished leader, stands as a beacon of success in India’s corporate landscape. With roots in Coimbatore, Tamil Nadu, Venkataraman’s academic journey began with a Bachelor’s degree in Mathematics. He later pursued his Post Graduate Diploma in Management (PGDM) from the prestigious IIM Ahmedabad, graduating in 1985. His career trajectory took a significant turn when he joined Titan Company in 1990, marking the beginning of an illustrious journey.
Rising Through the Ranks
Venkataraman’s initial role at Titan was that of an Advertising Manager. His exceptional skills and dedication saw him take on various responsibilities within the company, particularly in Marketing and Sales within the Watches Division, where he spent over 14 years. His expertise and strategic vision paved the way for his promotion to Managing Director in October 2019, a role he continues to excel in.
A Leader with Vision
As the MD of Titan Company, Venkataraman has been instrumental in driving the company’s growth. His leadership has seen Titan’s consolidated revenue soar from Rs 21,052 crore in FY 2019-20 to an impressive Rs 51,084 crore in FY 2023-24. This remarkable growth is a testament to his strategic acumen and unwavering commitment to the company’s success.
Impressive Compensation
Reflecting his invaluable contributions, Venkataraman’s remuneration package for the financial year 2023-24 totaled Rs 12.50 crore. This package included a substantial variable pay, amounting to 500 percent of his annual salary, as reported in Titan’s FY24 annual report. His basic salary for the year ending March 2024 was Rs 1.62 crore, complemented by perquisites and allowances totaling Rs 2.69 crore. This marked an 8 percent increase from his previous year’s remuneration of Rs 11.44 crore.
Additional Incentives
In addition to his salary, Venkataraman was awarded 46,000 Performance-Based Stock Units (PSUs) under the PSU Scheme 2023 during FY 2023-24. These incentives further underscore his pivotal role and the trust placed in his leadership. His tenure with the company is set to continue until December 2025, ensuring sustained growth and stability for Titan.
C K Venkataraman’s career is a remarkable story of dedication, expertise, and visionary leadership. From his early days in Coimbatore to leading one of India’s most prominent companies, his journey is an inspiration to many. His strategic initiatives and management prowess have not only propelled Titan Company to new heights but have also set a benchmark for leadership in the corporate world.
