This company listing is no longer active
Diamond Offshore Drilling Management
Management criteria checks 2/4
Diamond Offshore Drilling's CEO is Jr. Wolford, appointed in May 2021, has a tenure of 3.33 years. total yearly compensation is $5.23M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €8.81M. The average tenure of the management team and the board of directors is 3.2 years and 3.4 years respectively.
Key information
Jr. Wolford
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 13.6% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$270m |
| Mar 31 2024 | n/a | n/a | -US$40m |
| Dec 31 2023 | US$5m | US$713k | -US$45m |
| Sep 30 2023 | n/a | n/a | US$49m |
| Jun 30 2023 | n/a | n/a | US$199m |
| Mar 31 2023 | n/a | n/a | -US$62m |
| Dec 31 2022 | US$4m | US$706k | -US$103m |
| Sep 30 2022 | n/a | n/a | -US$176m |
| Jun 30 2022 | n/a | n/a | -US$186m |
| Mar 31 2022 | n/a | n/a | -US$2b |
| Dec 31 2021 | US$8m | US$438k | -US$2b |
Compensation vs Market: Jr.'s total compensation ($USD5.23M) is above average for companies of similar size in the German market ($USD1.65M).
Compensation vs Earnings: Jr.'s compensation has increased whilst the company is unprofitable.
CEO
Jr. Wolford (64 yo)
3.3yrs
Tenure
US$5,229,638
Compensation
Mr. Bernie G. Wolford, Jr. serves as President, Chief Executive Officer since May 07, 2021 and Director at Diamond Offshore Drilling Inc. since May 08, 2021. Mr. Wolford served as Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$5.23m | 0.66% € 8.8m | |
| Senior VP & CFO | 3yrs | US$1.96m | 0.070% € 942.1k | |
| Senior VP | 10yrs | US$1.69m | 0.11% € 1.5m | |
| Senior VP & COO | less than a year | no data | 0.085% € 1.1m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Technical Services | no data | no data | no data | |
| Vice President of HSE | no data | no data | no data | |
| Vice President of Contracts & Marketing | no data | no data | no data | |
| Vice President of Contracts & Marketing | no data | no data | no data | |
| VP, Deputy General Counsel & Assistant Secretary | no data | no data | no data |
3.2yrs
Average Tenure
58yo
Average Age
Experienced Management: DO10's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$5.23m | 0.66% € 8.8m | |
| Independent Director | 3.4yrs | US$439.71k | 0% € 0 | |
| Director | 2.3yrs | US$252.51k | 0% € 0 | |
| Independent Chairman of the Board | 3.4yrs | US$568.16k | 0% € 0 | |
| Independent Director | 1.3yrs | US$130.79k | 0% € 0 | |
| Independent Director | 3.4yrs | US$429.71k | 0% € 0 | |
| Independent Director | 3.4yrs | US$499.71k | 0% € 0 |
3.4yrs
Average Tenure
63yo
Average Age
Experienced Board: DO10's board of directors are considered experienced (3.4 years average tenure).