Eidesvik Offshore Management
Management criteria checks 4/4
Eidesvik Offshore's CEO is Gitte Talmo, appointed in Jan 2022, has a tenure of 2.42 years. total yearly compensation is NOK3.48M, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth NOK123.08K. The average tenure of the management team and the board of directors is 2.2 years and 3.1 years respectively.
Key information
Gitte Talmo
Chief executive officer
NOK 3.5m
Total compensation
| CEO salary percentage | 67.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively
Aug 31
Is Eidesvik Offshore (OB:EIOF) A Risky Investment?
May 12These 4 Measures Indicate That Eidesvik Offshore (OB:EIOF) Is Using Debt Extensively
Jan 24We Think That There Are Issues Underlying Eidesvik Offshore's (OB:EIOF) Earnings
May 27Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?
May 12Is Eidesvik Offshore (OB:EIOF) Using Too Much Debt?
Jan 15Eidesvik Offshore (OB:EIOF) Has Debt But No Earnings; Should You Worry?
Oct 02Health Check: How Prudently Does Eidesvik Offshore (OB:EIOF) Use Debt?
Apr 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | NOK 548m |
| Dec 31 2023 | NOK 3m | NOK 2m | NOK 515m |
| Sep 30 2023 | n/a | n/a | NOK 687m |
| Jun 30 2023 | n/a | n/a | NOK 819m |
| Mar 31 2023 | n/a | n/a | NOK 335m |
| Dec 31 2022 | NOK 3m | NOK 2m | NOK 346m |
| Sep 30 2022 | n/a | n/a | NOK 212m |
| Jun 30 2022 | n/a | n/a | NOK 4m |
| Mar 31 2022 | n/a | n/a | NOK 61m |
| Dec 31 2021 | NOK 2m | NOK 1m | -NOK 16m |
| Sep 30 2021 | n/a | n/a | -NOK 190m |
| Jun 30 2021 | n/a | n/a | -NOK 137m |
| Mar 31 2021 | n/a | n/a | -NOK 87m |
| Dec 31 2020 | NOK 2m | NOK 1m | -NOK 124m |
Compensation vs Market: Gitte's total compensation ($USD327.05K) is about average for companies of similar size in the Norwegian market ($USD321.07K).
Compensation vs Earnings: Gitte's compensation has been consistent with company performance over the past year.
CEO
Gitte Talmo
2.4yrs
Tenure
NOK 3,478,000
Compensation
Ms. Gitte Gard Talmo serves as President & Chief Executive Officer of Eidesvik Offshore ASA since January 01, 2022 and served as Chief Commercial Officer since October 01, 2016 until January 01, 2022.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.4yrs | NOK 3.48m | 0.011% NOK 123.1k | |
| Chief Financial Officer | 1.7yrs | NOK 2.78m | no data | |
| Chief Operating Officer | 2.2yrs | NOK 2.34m | no data | |
| Chief Engineer & Employee Representative Director | no data | NOK 38.00k | no data | |
| Vice President of Human Recources | no data | NOK 1.64m | no data |
2.2yrs
Average Tenure
Experienced Management: EIOF's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Engineer & Employee Representative Director | less than a year | NOK 38.00k | no data | |
| Independent Chairman | 3.1yrs | NOK 555.00k | no data | |
| Independent Director | no data | no data | no data | |
| Director | no data | NOK 255.00k | no data | |
| Independent Director | 7.8yrs | NOK 255.00k | 0.041% NOK 480.1k | |
| Independent Director | 3.1yrs | NOK 318.00k | 0.034% NOK 399.9k | |
| Deputy Chairman of the Board | 6.1yrs | NOK 285.00k | 0.00027% NOK 3.2k | |
| Independent Director | 6.1yrs | NOK 255.00k | 0.034% NOK 399.9k | |
| Substitute Employee Representative Director | less than a year | NOK 113.00k | no data |
3.1yrs
Average Tenure
55.5yo
Average Age
Experienced Board: EIOF's board of directors are considered experienced (3.1 years average tenure).