Odfjell Drilling Management
Management criteria checks 2/4
Odfjell Drilling's CEO is Kjetil Gjersdal, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is $840.00K, comprised of 52.7% salary and 47.3% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth NOK2.15M. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.
Key information
Kjetil Gjersdal
Chief executive officer
US$840.0k
Total compensation
| CEO salary percentage | 52.7% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$74m |
| Jun 30 2024 | n/a | n/a | US$239m |
| Mar 31 2024 | n/a | n/a | US$234m |
| Dec 31 2023 | US$840k | US$443k | US$222m |
| Sep 30 2023 | n/a | n/a | US$225m |
| Jun 30 2023 | n/a | n/a | US$50m |
| Mar 31 2023 | n/a | n/a | US$58m |
| Dec 31 2022 | US$700k | US$308k | US$75m |
Compensation vs Market: Kjetil's total compensation ($USD840.00K) is below average for companies of similar size in the UK market ($USD1.46M).
Compensation vs Earnings: Kjetil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Kjetil Gjersdal (54 yo)
2.7yrs
Tenure
US$840,000
Compensation
Mr. Kjetil Gjersdal is the Chief Executive Officer of Odfjell Drilling Ltd. since March 2022. He was an Executive Vice President of Mobile Drilling Units at Odfjell Drilling Ltd.since June 11, 2016. Mr. G...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.7yrs | US$840.00k | 0.018% NOK 2.1m | |
| Chief Financial Officer | 2.7yrs | US$411.00k | 0.010% NOK 1.3m | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | 2.7yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| General Counsel | 7.8yrs | no data | no data | |
| Senior Vice President of Human Resources | 1.3yrs | no data | no data | |
| Senior Vice President of QHSE | no data | no data | no data | |
| Executive VP of Business Development & Chief Commercial Officer | 8.4yrs | no data | no data | |
| VP & Head of Sustainability | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.7yrs
Average Tenure
52.5yo
Average Age
Experienced Management: ODLO's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman of the Board | 2.7yrs | US$71.00k | 0.0083% NOK 1.0m | |
| Non-Executive Director | 11.2yrs | US$40.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | US$45.00k | no data | |
| Independent Non-Executive Director | 1.6yrs | US$26.00k | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Board: ODLO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.