Oceaneering International Management
Management criteria checks 2/4
Oceaneering International's CEO is Rod Larson, appointed in Feb 2015, has a tenure of 9.92 years. total yearly compensation is $7.75M, comprised of 10.3% salary and 89.7% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €9.02M. The average tenure of the management team and the board of directors is 4.8 years and 8.3 years respectively.
Key information
Rod Larson
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 10.3% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$136m |
| Jun 30 2024 | n/a | n/a | US$124m |
| Mar 31 2024 | n/a | n/a | US$108m |
| Dec 31 2023 | US$8m | US$800k | US$97m |
| Sep 30 2023 | n/a | n/a | US$76m |
| Jun 30 2023 | n/a | n/a | US$64m |
| Mar 31 2023 | n/a | n/a | US$49m |
| Dec 31 2022 | US$6m | US$760k | US$26m |
| Sep 30 2022 | n/a | n/a | -US$36m |
| Jun 30 2022 | n/a | n/a | -US$62m |
| Mar 31 2022 | n/a | n/a | -US$59m |
| Dec 31 2021 | US$7m | US$760k | -US$49m |
| Sep 30 2021 | n/a | n/a | -US$35m |
| Jun 30 2021 | n/a | n/a | -US$107m |
| Mar 31 2021 | n/a | n/a | -US$139m |
| Dec 31 2020 | US$5m | US$684k | -US$497m |
| Sep 30 2020 | n/a | n/a | -US$735m |
| Jun 30 2020 | n/a | n/a | -US$681m |
| Mar 31 2020 | n/a | n/a | -US$691m |
| Dec 31 2019 | US$4m | US$721k | -US$348m |
| Sep 30 2019 | n/a | n/a | -US$150m |
| Jun 30 2019 | n/a | n/a | -US$190m |
| Mar 31 2019 | n/a | n/a | -US$188m |
| Dec 31 2018 | US$3m | US$700k | -US$212m |
Compensation vs Market: Rod's total compensation ($USD7.75M) is above average for companies of similar size in the German market ($USD1.91M).
Compensation vs Earnings: Rod's compensation has increased by more than 20% in the past year.
CEO
Rod Larson (57 yo)
9.9yrs
Tenure
US$7,753,037
Compensation
Mr. Roderick A. Larson, also known as Rod, has been the President and Chief Executive Officer of Oceaneering International, Inc. since February 19, 2015 and May 5, 2017 respectively. Mr. Larson has been Pr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.9yrs | US$7.75m | 0.34% € 9.0m | |
| Senior VP & CFO | 9.4yrs | US$2.79m | 0.15% € 4.1m | |
| Senior VP | 2yrs | US$2.35m | 0% € 0 | |
| Senior Vice President of Subsea Robotics | 4.8yrs | US$1.54m | 0.074% € 2.0m | |
| Senior VP & Chief Commercial Officer | 4.8yrs | US$1.41m | 0.057% € 1.5m | |
| VP, Chief Accounting Officer & Corporate Controller | 13yrs | no data | 0.012% € 325.4k | |
| Senior Director of Investor Relations | less than a year | no data | no data | |
| Senior VP & Chief Human Resources Officer | 6.7yrs | no data | 0.048% € 1.3m | |
| Senior Vice President of Aerospace & Defense Technologies | 6.7yrs | no data | 0.054% € 1.5m | |
| Senior VP & Chief Innovation Officer | 4.8yrs | no data | 0.069% € 1.9m | |
| Senior Vice President of Manufactured Products | 4.8yrs | no data | 0.055% € 1.5m | |
| Senior Vice President of Integrity Management & Digital Solutions | 2.3yrs | no data | 0.020% € 528.4k |
4.8yrs
Average Tenure
57.5yo
Average Age
Experienced Management: OII's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$7.75m | 0.34% € 9.0m | |
| Chairman | 13.7yrs | US$363.40k | 0.14% € 3.8m | |
| Independent Director | 12.4yrs | US$290.07k | 0.074% € 2.0m | |
| Independent Director | 9.8yrs | US$254.31k | 0.15% € 4.0m | |
| Independent Director | 8.6yrs | US$259.08k | 0.086% € 2.3m | |
| Independent Director | 8.3yrs | US$288.33k | 0.086% € 2.3m | |
| Independent Director | 6.9yrs | US$290.60k | 0.028% € 762.1k | |
| Independent Non-Executive Director | less than a year | no data | 0.0086% € 232.6k | |
| Independent Non-Executive Director | 4yrs | US$259.46k | 0.028% € 751.0k |
8.3yrs
Average Tenure
64yo
Average Age
Experienced Board: OII's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 13:11 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Oceaneering International, Inc. is covered by 46 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Leben | Baird |
| James West | Barclays |
| Eddie Kim | Barclays |