BW Offshore Management

Management criteria checks 2/4

BW Offshore's CEO is Marco Beenen, appointed in Jul 2019, has a tenure of 4.58 years. directly owns 0.028% of the company’s shares, worth NOK1.16M. The average tenure of the management team and the board of directors is 4.6 years and 4.8 years respectively.

Key information

Marco Beenen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.6yrs
CEO ownership	0.03%
Management average tenure	4.6yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Marco Beenen (53 yo)

4.6yrs

Tenure

Mr. Marco Beenen is the Director at BW Energy Limited since November 29, 2019. Mr. Beenen serves as Chairperson at Ideol S.A. since March 2021. Mr. Beenen has been the Chairman at BW Ideol AS since 2021 an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marco Beenen	Chief Executive Officer	4.6yrs	no data	0.028% $ 1.2m
Stale Andreassen	Chief Financial Officer	4.6yrs	no data	0.13% $ 5.3m
Kei Ikeda	Chief Operating Officer	4.6yrs	no data	0.014% $ 580.2k
Magda Vakil	General Counsel	no data	no data	0.0082% $ 344.3k
Una Holmen	Senior Manager of Sustainability & Communications	3.1yrs	no data	no data
Pia Schnitler	Head of Human Capital	6.2yrs	no data	no data
Fritz Ekloff	Head of IT & Systems	no data	no data	no data
Rune Bjorbekk	Chief Commercial Officer	no data	no data	0.062% $ 2.6m
Hans Langsrud	Head of Asset Engineering & Maintenance	7.9yrs	no data	no data
Mike McAreavey	Head of Operational Integrity	7.1yrs	no data	no data
Michael Skyum	Head of Supply Chain	6.1yrs	no data	no data
Anders Platou	Chief Strategy Officer	less than a year	no data	no data

4.6yrs

Average Tenure

53yo

Average Age

Experienced Management: BWOO's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Carl Arnet	Director	4.8yrs	no data	no data
Andreas Sohmen-Pao	Chairman	9.3yrs	no data	no data
Rebekka Herlofsen	Independent Director	3.8yrs	no data	no data
Maarten Scholten	Independent Non-Executive Director	13.7yrs	no data	0.089% $ 3.7m
Rene Kofod-Olsen	Independent Director	4.8yrs	no data	0.0073% $ 306.1k

4.8yrs

Average Tenure

53yo

Average Age

Experienced Board: BWOO's board of directors are considered experienced (4.8 years average tenure).

BW Offshore Management

Management criteria checks 2/4

Key information

Recent management updates

Carl Krogh Arnet, Director Do Not Stand for Re-Election at BW Offshore Limited

Insufficient new directors

Insufficient new directors

Insufficient new directors

Insufficient new directors

Director recently sold kr13m worth of stock

Recent updates

Carl Krogh Arnet, Director Do Not Stand for Re-Election at BW Offshore Limited

BW Offshore Limited to Report Q1, 2024 Results on May 24, 2024

Insufficient new directors

BW Offshore Limited Declares Cash Dividend, Payable on or About November 28, 2023

BW Offshore Limited Declares Cash Dividend for Second Quarter of 2023, Payable on or About 7 September 2023

Insufficient new directors

Insufficient new directors

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.10 (vs US$0.26 in 1Q 2022)

BW Offshore Limited Announces Cash Dividend for First Quarter 2023, Payable on or About 6 June 2023

BW Offshore Limited to Report Q1, 2023 Results on May 24, 2023

BW Offshore Limited Updates on the Gato Do Mato Project

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.035 in 3Q 2021)

BW Offshore Limited Declares Cash Dividend, Payable on or About 30 November 2022

BW Offshore Limited Declares Cash Dividend, Payable on or About 8 September 2022

First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.54 in 1Q 2021)

BW Offshore Limited Announces Dividend, Payable on June 17, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Bw Offshore Limited Declares Cash Dividend, Payable on March 17 2022

BW Offshore Limited to Report Q4, 2021 Results on Feb 28, 2022

BW Offshore Limited Announces Impairment for Fourth Quarter of 2021

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Director recently sold kr13m worth of stock

BW Offshore: Regulatory Approval for Barossa FPSO Equity Joint Venture Partnership

Second quarter 2021 earnings released: EPS US$0.048 (vs US$0.17 in 2Q 2020)

Chief Commercial Officer recently sold kr1.9m worth of stock

First quarter 2021 earnings released: EPS US$0.54 (vs US$1.69 loss in 1Q 2020)

BW Offshore Limited Declares Cash Dividend, Payable on or Around June 10, 2021

New 90-day low: kr32.66

BW Offshore Limited (OB:BWO) signed a share purchase agreement to acquire an unknown stake in Ideol SA from its founders and employees for €60 million.

BW Offshore Limited to Report Q4, 2020 Results on Feb 19, 2021

BW Offshore Announces Contract Extension for Abo FPSO

New 90-day high: kr40.20

BW Offshore Limited to Report Q3, 2021 Results on Nov 23, 2021

New 90-day high: kr35.50

BW Offshore Limited to Report Q2, 2020 Results on Aug 27, 2020

Tullow Oil plc (LSE : TLW) completed the acquisition of 10% stake in Dussafu Marin Exploration Block from Panoro Energy ASA (OB : PEN), Gabon Oil Company & BW Offshore Limited (OB : BWO) for $38.5 million

BW Offshore Limited to Report Q3, 2020 Results on Nov 19, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age