Pacific Basin Shipping Limited

DB:OYD Stock Report

Market Cap: €1.3b

Pacific Basin Shipping Management

Management criteria checks 3/4

Pacific Basin Shipping's CEO is Martin Fruergaard, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is $2.22M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €2.38M. The average tenure of the management team and the board of directors is 2.8 years and 3.7 years respectively.

Key information

Martin Fruergaard

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage49.1%
CEO tenure3.3yrs
CEO ownership0.2%
Management average tenure2.8yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Fruergaard's remuneration changed compared to Pacific Basin Shipping's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$82m

Mar 31 2024n/an/a

US$96m

Dec 31 2023US$2mUS$1m

US$109m

Sep 30 2023n/an/a

US$216m

Jun 30 2023n/an/a

US$322m

Mar 31 2023n/an/a

US$512m

Dec 31 2022US$3mUS$919k

US$702m

Sep 30 2022n/an/a

US$926m

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$997m

Dec 31 2021US$2mUS$472k

US$845m

Compensation vs Market: Martin's total compensation ($USD2.22M) is above average for companies of similar size in the German market ($USD1.64M).

Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.

CEO

Martin Fruergaard (56 yo)

3.3yrs

Tenure

US$2,224,000

Compensation

Mr. Martin Fruergaard serves as an Interim Chief Financial Officer since October 31, 2024 and the Chief Executive Officer since July 31, 2021 and also an Executive Director at Pacific Basin Shipping Limite...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Fruergaard
CEO, Interim CFO & Executive Director3.3yrsUS$2.22m0.19%
€ 2.4m
Karin Mak
Director of Accountingno datano datano data
P. Subbiah
Director of Human Resources & Administrationno datano datano data
Peter Budd
Head of Investor Relations & Corporate Communication3.8yrsno datano data
Xiu Cheng
General Manager of Insurance & Legal2.8yrsno datano data
Daigoro Oyama
Director of Sale & Purchase7.8yrsno datano data
Mark Hardy
Head of Sustainability2.7yrsno datano data
Morten H. Ingebrigtsen
Director of Asset Managementno datano datano data
Harry Stapleton
Head of Atlantic Supramax2.8yrsno datano data
Vergara Hernan
Chief Engineer Columbia Riverno datano datano data
Matthew Wathern
Head of Pacific Supramax & Pacific Chartering2.8yrsno datano data
David Lawrence
Head of Atlantic Handysize & Atlantic Chartering2.8yrsno datano data

2.8yrs

Average Tenure

Experienced Management: OYD's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Martin Fruergaard
CEO, Interim CFO & Executive Director3.3yrsUS$2.22m0.19%
€ 2.4m
Kirsi Kyllikki Tikka
Independent Non-Executive Director5.2yrsUS$106.00kno data
John Mackay McCulloch Williamson
Independent Non-Executive Director4yrsUS$118.00k0.0022%
€ 27.2k
Irene Waage Basili
Independent Non-Executive Director10.5yrsUS$104.00kno data
Mats Henrik Berglund
Non-Executive Directorless than a yearUS$2.55mno data
Stanley Hutter Ryan
Independent Non-Executive Chairman8.3yrsUS$170.00kno data
Yat Kay Cheung
Non-Executive Director2.8yrsUS$106.00kno data
Alexandre Frederic Akira Emery
Independent Non-Executive Directorless than a yearno data0.0039%
€ 49.4k

3.7yrs

Average Tenure

59yo

Average Age

Experienced Board: OYD's board of directors are considered experienced (3.7 years average tenure).