Lindblad Expeditions Holdings Management

Management criteria checks 2/4

Lindblad Expeditions Holdings' CEO is Sven-Olof Lindblad, appointed in Jan 1979, has a tenure of 45.33 years. directly owns 22.06% of the company’s shares, worth €81.31M. The average tenure of the management team and the board of directors is 8 years and 8.4 years respectively.

Key information

Sven-Olof Lindblad

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	45.3yrs
CEO ownership	22.1%
Management average tenure	8yrs
Board average tenure	8.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sven-Olof Lindblad's remuneration changed compared to Lindblad Expeditions Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$55m
Dec 31 2023	US$3m	n/a	-US$50m
Sep 30 2023	n/a	n/a	-US$55m
Jun 30 2023	n/a	n/a	-US$69m
Mar 31 2023	n/a	n/a	-US$73m
Dec 31 2022	US$180k	n/a	-US$116m
Sep 30 2022	n/a	n/a	-US$111m
Jun 30 2022	n/a	n/a	-US$127m
Mar 31 2022	n/a	n/a	-US$133m
Dec 31 2021	US$959k	n/a	-US$125m
Sep 30 2021	n/a	n/a	-US$128m
Jun 30 2021	n/a	n/a	-US$130m
Mar 31 2021	n/a	n/a	-US$133m
Dec 31 2020	US$2m	US$193k	-US$100m
Sep 30 2020	n/a	n/a	-US$71m
Jun 30 2020	n/a	n/a	-US$44m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$2m	US$515k	US$14m
Sep 30 2019	n/a	n/a	US$11m
Jun 30 2019	n/a	n/a	US$16m
Mar 31 2019	n/a	n/a	US$15m
Dec 31 2018	US$2m	US$500k	US$11m
Sep 30 2018	n/a	n/a	-US$5k
Jun 30 2018	n/a	n/a	US$4m
Mar 31 2018	n/a	n/a	US$2m
Dec 31 2017	US$2m	US$544k	-US$9m

Compensation vs Market: Sven-Olof's total compensation ($USD2.62M) is above average for companies of similar size in the German market ($USD1.04M).

Compensation vs Earnings: Sven-Olof's compensation has increased whilst the company is unprofitable.

CEO

Sven-Olof Lindblad (72 yo)

45.3yrs

Tenure

US$2,624,065

Compensation

Mr. Sven-Olof Lindblad founded Lindblad Expeditions Holdings, Inc. and served as its Co-Chair since March 29, 2021 until September 2023 and is Chief Executive Officer from June 30, 2023. He had been Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sven-Olof Lindblad	Founder	45.3yrs	US$2.62m	22.06% $ 81.3m
Dean Byus	Chief Expedition Officer	15.3yrs	US$2.18m	0.11% $ 421.6k
Noah Brodsky	Chief Commercial Officer	2yrs	US$1.22m	0.12% $ 456.2k
Benjamin Bressler	President of Natural Habitat	8yrs	US$1.93m	0.0037% $ 13.5k
Alexis Freeman	General Counsel	no data	no data	no data
Patty Disken-Cahill	Director of Communications	no data	no data	no data
Jacinta McEvoy	Vice President of Global Sales	no data	no data	no data
Pamela Fingleton	Senior VP & Assistant to CEO	no data	no data	no data
J. Skarda	Chief Maritime Officer	3.1yrs	no data	no data

8.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: LI4's management team is seasoned and experienced (8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sven-Olof Lindblad	Founder	8.8yrs	US$2.62m	22.06% $ 81.3m
Bernard Aronson	Independent Director	8.8yrs	US$139.98k	0.10% $ 367.9k
John Fahey	Independent Director	8.8yrs	US$158.27k	0.20% $ 743.8k
Mark Ein	Independent Chairman of the Board	11.2yrs	US$198.25k	6.15% $ 22.7m
Thomas Smith	Independent Director	4.2yrs	US$148.27k	0.13% $ 480.6k
Catherine Reynolds	Independent Director	8yrs	US$148.27k	0.094% $ 347.9k
Pamela Kaufman	Independent Director	less than a year	no data	no data
Michael Bisnow	Independent Director	6.4yrs	US$148.27k	0.091% $ 334.4k
L. Dryden	Independent Director	11.2yrs	US$163.27k	1.79% $ 6.6m
Alexander Schultz	Independent Director	2.3yrs	US$148.27k	0.24% $ 872.0k

8.4yrs

Average Tenure

58.5yo

Average Age

Experienced Board: LI4's board of directors are considered experienced (8.4 years average tenure).

Lindblad Expeditions Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Lindblad Expeditions Holdings, Inc., Annual General Meeting, Jun 04, 2024

Independent Director recently bought €231k worth of stock

Lindblad Expeditions Holdings, Inc. Appoints Pam Kaufman to Board of Directors

Independent Director recently bought €317k worth of stock

Independent Director recently sold €164k worth of stock

Insufficient new directors

Recent updates

First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.008 loss in 1Q 2023)

Lindblad Expeditions Holdings, Inc. Provides Revenue Guidance for the Full Year 2024

Lindblad Expeditions Holdings, Inc., Annual General Meeting, Jun 04, 2024

Independent Director recently bought €231k worth of stock

Lindblad Expeditions Holdings, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Lindblad Expeditions Holdings, Inc. Appoints Pam Kaufman to Board of Directors

Lindblad Expeditions Holdings, Inc. Provides Revenue Guidance for the Full Year 2024

Full year 2023 earnings released: US$0.94 loss per share (vs US$2.23 loss in FY 2022)

Lindblad Expeditions Holdings, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Lindblad Expeditions-National Geographic Launches Two New Ways to Explore Antarctica

Independent Director recently bought €317k worth of stock

Independent Director recently sold €164k worth of stock

Lindblad Expeditions Holdings, Inc. Provides Earnings Guidance for the Full Year 2023

New minor risk - Profitability

Third quarter 2023 earnings released: EPS: US$0.085 (vs US$0.18 loss in 3Q 2022)

New major risk - Share price stability

Lindblad Expeditions Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Insufficient new directors

Lindblad Expeditions Holdings, Inc. Provides Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: US$0.48 loss per share (vs US$0.59 loss in 2Q 2022)

Lindblad Expeditions Holdings, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Lindblad Expeditions Holdings, Inc. Announces Change of CEO, Effective June 30, 2023

Lindblad Expeditions Holdings, Inc. Provides Earnings Guidance for the Full Year 2023

First quarter 2023 earnings released: US$0.008 loss per share (vs US$0.85 loss in 1Q 2022)

Full year 2022 earnings released: US$2.23 loss per share (vs US$2.49 loss in FY 2021)

Lindblad Expeditions Holdings, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Third quarter 2022 earnings released: US$0.18 loss per share (vs US$0.51 loss in 3Q 2021)

Lindblad Expeditions Holdings, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Lindblad Expeditions Holdings, Inc. Not Provides Operating Guidance for the Full Year 2022

Lindblad Expeditions Holdings, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Lindblad Expeditions Holdings, Inc. Appoints Noah Brodsky as Its Chief Commercial Officer

Lilindblad Expeditions Holdings, Inc. Is Not Providing Full Year Outlook of Results of Operations

First quarter 2022 earnings released: US$0.85 loss per share (vs US$0.69 loss in 1Q 2021)

Lindblad Expeditions Holdings, Inc. to Report Q1, 2022 Results on May 03, 2022

Independent Director recently sold €515k worth of stock

Independent Director recently sold €310k worth of stock

Lindblad Expeditions Holdings, Inc., Annual General Meeting, Jun 02, 2022

Lindblad Expeditions Holdings, Inc. Announces the Departure of David Goodman, Chief Marketing and Commercial Officer, Effective May 13, 2022

Independent Director recently sold €98k worth of stock

Independent Director recently sold €99k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Founder & Co-Chair recently sold €728k worth of stock

Lindblad Expeditions Holdings, Inc. Appoints Alex Schultz to the Board of Directors

Founder & Co-Chair recently sold €909k worth of stock

Lindblad Expeditions Holdings, Inc. to Report Q4, 2021 Results on Feb 22, 2022

Founder & Co-Chair recently sold €867k worth of stock

Chief Financial Officer recently sold €73k worth of stock

Independent Director recently sold €673k worth of stock

Third quarter 2021 earnings released: US$0.51 loss per share (vs US$0.56 loss in 3Q 2020)

Lindblad Expeditions Holdings, Inc. Not Provides Full Year 2021 Outlook

Second quarter 2021 earnings released: US$0.73 loss per share (vs US$0.80 loss in 2Q 2020)

Lindblad Expeditions Holdings, Inc. Is Not Providing A Full Year Outlook for 2021

Lindblad Expeditions Holdings, Inc. (NasdaqCM:LIND) acquired 80.1% stake in Off The Beaten Path, LLC.

Revenue misses expectations

Full year 2020 earnings released: US$2.02 loss per share (vs US$0.29 profit in FY 2019)

Lindblad Expeditions Holdings, Inc. (NasdaqCM:LIND) acquired 70% stake in DuVine Cycling + Adventure Co.

Lindblad Expeditions Holdings, Inc. to Report Q4, 2020 Results on Mar 09, 2021

New 90-day high: €14.90

Lindblad Expeditions Holdings, Inc. Appoints David Goodman as Chief Commercial and Marketing Officer

Lindblad Expeditions Holdings, Inc. announced that it expects to receive $85 million in funding from Durable Capital Partners, LP, HCSF Management, LLC, Pacific Investment Management Company LLC, Declaration Capital, MSD Partners, L.P., Deep Field Asset Management, LLC

Lindblad Expeditions Holdings, Inc. Withdrawn Financial Guidance for the Full Year of 2020

First half earnings released

Lindblad Expeditions Holdings, Inc. to Report Q2, 2020 Results on Aug 10, 2020

Lindblad Expeditions Holdings, Inc.(NasdaqCM:LIND) dropped from Russell 2000 Defensive Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team