Odfjell Management
Management criteria checks 4/4
Odfjell's CEO is Harald Fotland, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is $1.09M, comprised of 47.7% salary and 52.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €802.26K. The average tenure of the management team and the board of directors is 5.9 years and 7.1 years respectively.
Key information
Harald Fotland
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 47.7% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.9yrs |
| Board average tenure | 7.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$279m |
| Jun 30 2024 | n/a | n/a | US$260m |
| Mar 31 2024 | n/a | n/a | US$224m |
| Dec 31 2023 | US$1m | US$521k | US$203m |
| Sep 30 2023 | n/a | n/a | US$202m |
| Jun 30 2023 | n/a | n/a | US$200m |
| Mar 31 2023 | n/a | n/a | US$177m |
| Dec 31 2022 | US$1m | US$452k | US$142m |
| Sep 30 2022 | n/a | n/a | US$107m |
| Jun 30 2022 | n/a | n/a | US$31m |
| Mar 31 2022 | n/a | n/a | -US$7m |
| Dec 31 2021 | US$501k | US$356k | -US$33m |
| Sep 30 2021 | n/a | n/a | -US$51m |
| Jun 30 2021 | n/a | n/a | -US$22m |
| Mar 31 2021 | n/a | n/a | US$17m |
| Dec 31 2020 | US$461k | US$305k | US$28m |
| Sep 30 2020 | n/a | n/a | US$20m |
| Jun 30 2020 | n/a | n/a | US$15m |
| Mar 31 2020 | n/a | n/a | -US$26m |
| Dec 31 2019 | US$380k | US$320k | -US$37m |
| Sep 30 2019 | n/a | n/a | -US$74m |
| Jun 30 2019 | n/a | n/a | -US$104m |
| Mar 31 2019 | n/a | n/a | -US$214m |
| Dec 31 2018 | US$420k | US$336k | -US$211m |
| Sep 30 2018 | n/a | n/a | -US$59m |
| Jun 30 2018 | n/a | n/a | -US$38m |
| Mar 31 2018 | n/a | n/a | US$77m |
| Dec 31 2017 | US$452k | US$320k | US$91m |
Compensation vs Market: Harald's total compensation ($USD1.09M) is about average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Harald's compensation has been consistent with company performance over the past year.
CEO
Harald Fotland (60 yo)
2.6yrs
Tenure
US$1,093,000
Compensation
Mr. Harald Fotland has been Chief Executive Officer of Odfjell SE since May 06, 2022. He had been Chief Operation Officer of Odfjell SE since January 5, 2018 until December 2022. Mr. Fotland served as Seni...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 20.9yrs | US$104.00k | 41.8% € 297.0m | |
| Chief Executive Officer | 2.6yrs | US$1.09m | 0.11% € 802.3k | |
| Chief Financial Officer | 13.3yrs | US$529.00k | 0.081% € 572.2k | |
| Chief Technical Officer | 2yrs | US$430.00k | 0.020% € 144.2k | |
| Chief Sustainability Officer | 4.3yrs | US$412.00k | 0.073% € 516.6k | |
| Chief Commercial Officer | 6.9yrs | US$530.00k | 0.038% € 273.1k | |
| Managing Director of Terminals | 5.9yrs | US$479.00k | 0.034% € 244.9k | |
| Vice President of Corporate Analysis & Investor Relations | no data | no data | no data | |
| Head of Communications | no data | no data | no data | |
| Vice President of Corporate Human Resources | no data | no data | no data | |
| Global Head of Ship Management | 6.9yrs | no data | no data | |
| VP of Technology at Odfjell Management AS | no data | no data | no data |
5.9yrs
Average Tenure
54yo
Average Age
Experienced Management: O7F's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 20.9yrs | US$104.00k | 41.8% € 297.0m | |
| Independent Director | 14.6yrs | US$43.00k | no data | |
| Independent Director | 12.6yrs | US$45.00k | no data | |
| Independent Director | 1.6yrs | no data | no data | |
| Independent Director | 1.6yrs | no data | no data | |
| Director | less than a year | no data | no data |
7.1yrs
Average Tenure
59yo
Average Age
Experienced Board: O7F's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:03 |
| End of Day Share Price | 2024/12/20 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 |
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| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Odfjell SE is covered by 15 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 |
|---|---|
| Anders Holte | ABG Sundal Collier |
| Petter Narvestad | Beringer Finance AB |
| Lars Kalbakken | Carnegie Investment Bank AB |