Boart Longyear Group Management
Management criteria checks 2/4
Boart Longyear Group's CEO is Jeff Olsen, appointed in Mar 2016, has a tenure of 8.08 years. total yearly compensation is $2.07M, comprised of 35.6% salary and 64.4% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth A$39.53K. The average tenure of the management team and the board of directors is 2.1 years and 2.4 years respectively.
Key information
Jeff Olsen
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 35.6% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.005% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
Improved Revenues Required Before Boart Longyear Group Ltd. (ASX:BLY) Stock's 32% Jump Looks Justified
Dec 27
The Return Trends At Boart Longyear Group (ASX:BLY) Look Promising
Nov 23Calculating The Intrinsic Value Of Boart Longyear Group Ltd. (ASX:BLY)
Oct 10Boart Longyear Group's (ASX:BLY) Returns On Capital Are Heading Higher
Jun 26Boart Longyear Group (ASX:BLY) Has A Somewhat Strained Balance Sheet
May 16Investors Will Want Boart Longyear Group's (ASX:BLY) Growth In ROCE To Persist
Nov 09We Think Boart Longyear Group (ASX:BLY) Is Taking Some Risk With Its Debt
Sep 20We Like These Underlying Return On Capital Trends At Boart Longyear Group (ASX:BLY)
Mar 21Boart Longyear's (ASX:BLY) Returns On Capital Are Heading Higher
Sep 08Here's Why Shareholders May Want To Be Cautious With Increasing Boart Longyear Limited's (ASX:BLY) CEO Pay Packet
May 19Returns At Boart Longyear (ASX:BLY) Are On The Way Up
Mar 22We Like These Underlying Trends At Boart Longyear (ASX:BLY)
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$738k | US$13m |
| Sep 30 2023 | n/a | n/a | US$25m |
| Jun 30 2023 | n/a | n/a | US$36m |
| Mar 31 2023 | n/a | n/a | US$24m |
| Dec 31 2022 | US$3m | US$720k | US$12m |
| Sep 30 2022 | n/a | n/a | US$5m |
| Jun 30 2022 | n/a | n/a | -US$2m |
| Mar 31 2022 | n/a | n/a | -US$30m |
| Dec 31 2021 | US$3m | US$686k | -US$57m |
| Sep 30 2021 | n/a | n/a | -US$66m |
| Jun 30 2021 | n/a | n/a | -US$75m |
| Mar 31 2021 | n/a | n/a | -US$87m |
| Dec 31 2020 | US$965k | US$532k | -US$99m |
| Sep 30 2020 | n/a | n/a | -US$107m |
| Jun 30 2020 | n/a | n/a | -US$115m |
| Mar 31 2020 | n/a | n/a | -US$86m |
| Dec 31 2019 | US$2m | US$675k | -US$57m |
| Sep 30 2019 | n/a | n/a | -US$43m |
| Jun 30 2019 | n/a | n/a | -US$30m |
| Mar 31 2019 | n/a | n/a | -US$37m |
| Dec 31 2018 | US$1m | US$626k | -US$44m |
| Sep 30 2018 | n/a | n/a | -US$62m |
| Jun 30 2018 | n/a | n/a | -US$81m |
| Mar 31 2018 | n/a | n/a | -US$116m |
| Dec 31 2017 | US$1m | US$586k | -US$150m |
Compensation vs Market: Jeff's total compensation ($USD2.07M) is above average for companies of similar size in the Australian market ($USD775.92K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Olsen
8.1yrs
Tenure
US$2,073,104
Compensation
Mr. Jeffrey R. Olsen, also known as Jeff, has been the Chief Executive Officer and President of Boart Longyear Group Ltd. (formerly known as Boart Longyear Limited) since March 1, 2016. Mr. Olsen served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 8.1yrs | US$2.07m | 0.0046% $ 39.5k | |
| Chief Financial Officer | 1.2yrs | US$581.74k | no data | |
| CEO of Drilling Services & COO | 7.6yrs | US$1.05m | 0.0011% $ 9.6k | |
| Chief Legal Officer | 2.2yrs | US$742.28k | no data | |
| Chief Human Resources Officer | 1.6yrs | US$768.41k | no data | |
| President of Drilling Products | less than a year | US$171.75k | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Vice President of Geology | 2.3yrs | no data | no data | |
| Corporate Secretary & Global Corporate and Governance Counsel | 2yrs | no data | no data |
2.1yrs
Average Tenure
Experienced Management: BLY's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 8.1yrs | US$2.07m | 0.0046% $ 39.5k | |
| Non-Executive Independent Director | 4.7yrs | US$175.00k | 0.015% $ 125.3k | |
| Non-Executive Director | 2.4yrs | US$179.38k | no data | |
| Non-Executive Chairman | 4.1yrs | US$310.00k | 0.0028% $ 24.1k | |
| Non-Executive Director | 2.4yrs | US$175.00k | no data | |
| Non-Executive Director | 2.4yrs | US$175.00k | no data | |
| Non-Executive Director | less than a year | US$160.00k | no data | |
| Non-Executive Director | 2.4yrs | no data | no data | |
| Non-Independent Non-Executive Director | 4.3yrs | no data | no data | |
| Non-Executive Director | 1.7yrs | US$163.13k | no data |
2.4yrs
Average Tenure
58yo
Average Age
Experienced Board: BLY's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.