NorAm Drilling AS

OB:NORAM Stock Report

Market Cap: kr1.8b

NorAm Drilling Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marty Jimmerson

Chief executive officer

US$497.4k

Total compensation

CEO salary percentage100.0%
CEO tenure7.3yrs
CEO ownershipn/a
Management average tenure7.3yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

There's Reason For Concern Over NorAm Drilling AS' (OB:NORAM) Price

Jul 17
There's Reason For Concern Over NorAm Drilling AS' (OB:NORAM) Price

NorAm Drilling's (OB:NORAM) Solid Profits Have Weak Fundamentals

Feb 27
NorAm Drilling's (OB:NORAM) Solid Profits Have Weak Fundamentals

CEO Compensation Analysis

How has Marty Jimmerson's remuneration changed compared to NorAm Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$19m

Sep 30 2023n/an/a

US$30m

Jun 30 2023n/an/a

US$30m

Mar 31 2023n/an/a

US$17m

Dec 31 2022US$497kUS$497k

US$3m

Sep 30 2022n/an/a

-US$12m

Jun 30 2022n/an/a

-US$18m

Mar 31 2022n/an/a

-US$19m

Dec 31 2021US$404kUS$402k

-US$19m

Sep 30 2021n/an/a

-US$15m

Jun 30 2021n/an/a

-US$15m

Mar 31 2021n/an/a

-US$15m

Dec 31 2020US$330kUS$326k

-US$14m

Sep 30 2020n/an/a

-US$15m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$5m

Dec 31 2019US$408kUS$408k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$927k

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$467kUS$460k

-US$4m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$7m

Mar 31 2018n/an/a

-US$10m

Dec 31 2017US$415kUS$403k

-US$13m

Compensation vs Market: Marty's total compensation ($USD497.38K) is about average for companies of similar size in the Norwegian market ($USD492.96K).

Compensation vs Earnings: Marty's compensation has increased by more than 20% in the past year.

CEO

Marty Jimmerson (60 yo)

7.3yrs

Tenure

US$497,379

Compensation

Mr. Martin L. Jimmerson, Jr., also known as Marty, has been Chief Financial Officer and Chief Executive Officer of NorAm Drilling AS (formerly known as NorAm Drilling Company AS) since joining in January 2...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Jimmerson
CEO & CFO7.3yrsUS$497.38kno data
Thomas Taylor
Chief Operating Officer9.5yrsno datano data
Marius Furuly
Director of Investor Relations & Strategy2.3yrsno data0.037%
$ 660.5k
Phyllis Menard
Human Resources Managerno datano datano data

7.3yrs

Average Tenure

Experienced Management: NORAM's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ole Hjertaker
Chairman8.4yrsUS$27.05k0.45%
$ 7.9m
Christopher Baker
Director2.2yrsUS$9.64kno data
Espen Marcussen
Deputy Board Member6.3yrsUS$3.04kno data
Synne Syrist
Deputy Board Memberno datano datano data
Jan Klepsland
Directorless than a yearno datano data

4.3yrs

Average Tenure

50yo

Average Age

Experienced Board: NORAM's board of directors are considered experienced (4.3 years average tenure).

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