Western Bulk Chartering Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Torbjoern Gjervik

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	1.1yrs

Recent management updates

Recent updates

CEO

Torbjoern Gjervik

no data

Tenure

Mr. Torbjoern Gjervik was Head of the North Atlantic desk of Western Bulk Chartering AS until September 1, 2024.Mr. Torbjoern Gjervik is Group Chief Executive Officer of Western Bulk Chartering AS from Sep...

Board Members

Name	Position	Tenure	Compensation	Ownership
Orjan Svanevik	Director	1.1yrs	no data	0% $ 0
Bengt Rem	Chairman of the Board	8.7yrs	no data	0.20% $ 127.9k
Kristian Fredrik Huseby	Director	less than a year	no data	0.030% $ 19.2k

1.1yrs

Average Tenure

Experienced Board: 7EJ's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Western Bulk Chartering Management

Management criteria checks 0/4

Key information

Recent management updates

Western Bulk Chartering AS Announces Executive Changes, Effective September 1, 2024

Western Bulk Chartering AS Announces Executive Changes

Western Bulk Chartering AS Appoints Ørjan Svanevik Interim Chief Executive Officer

Western Bulk Chartering AS, Annual General Meeting, Apr 03, 2024

No independent directors

No independent directors

Recent updates

First half 2024 earnings released: EPS: US$0.074 (vs US$0.14 loss in 1H 2023)

Western Bulk Chartering AS Announces Executive Changes, Effective September 1, 2024

Western Bulk Chartering AS Announces Executive Changes

Western Bulk Chartering AS Appoints Ørjan Svanevik Interim Chief Executive Officer

Full year 2023 earnings released: US$0.47 loss per share (vs US$1.96 profit in FY 2022)

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 15%

Western Bulk Chartering AS Provides Earnings Guidance for the Full Year of 2023

Western Bulk Chartering AS, Annual General Meeting, Apr 03, 2024

First half 2023 earnings released: US$0.14 loss per share (vs US$1.11 profit in 1H 2022)

No independent directors

First half 2023 earnings released: US$0.14 loss per share (vs US$1.11 profit in 1H 2022)

New major risk - Earnings quality

Now 28% undervalued after recent price drop

Now 25% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$1.96 (vs US$2.41 in FY 2021)

Now 20% undervalued

Western Bulk Chartering AS Declares Quarterly Dividend for the Fourth Quarter 2022, Payable on 22 February, 2023

Full year 2022 earnings released

No independent directors

Western Bulk Chartering AS to Report Fiscal Year 2022 Results on Feb 09, 2023

No independent directors

Western Bulk Chartering AS Declares Dividend for the Third Quarter of 2022, Payable on November 2, 2022

Western Bulk Chartering AS Declares Cash Dividend, Payable on August 25, 2022

Investor sentiment improved over the past week

No independent directors

Western Bulk Chartering as Provides Earnings Guidance for the Second Quarter of 2022

Western Bulk Chartering AS Provides Earnings Guidance for the First Quarter 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues in line with analyst expectations

Western Bulk Chartering AS Propose Dividend for 2021

CEO

Tenure

Board Members

Average Tenure