Odfjell Drilling Management
Management criteria checks 2/4
Odfjell Drilling's CEO is Kjetil Gjersdal, appointed in Mar 2022, has a tenure of 2.75 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 NOK2.16M. The average tenure of the management team and the board of directors is 2.8 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 | 2.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
We Think That There Are More Issues For Odfjell Drilling (OB:ODL) Than Just Sluggish Earnings
Nov 13
Results: Odfjell Drilling Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 10There Is A Reason Odfjell Drilling Ltd.'s (OB:ODL) Price Is Undemanding
Oct 29We Think Odfjell Drilling (OB:ODL) Can Stay On Top Of Its Debt
Sep 27Estimating The Fair Value Of Odfjell Drilling Ltd. (OB:ODL)
Aug 23Odfjell Drilling (OB:ODL) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 28Odfjell Drilling (OB:ODL) Has A Pretty Healthy Balance Sheet
Apr 03Odfjell Drilling Ltd. (OB:ODL) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 18Odfjell Drilling (OB:ODL) Seems To Use Debt Quite Sensibly
Dec 15Industry Analysts Just Upgraded Their Odfjell Drilling Ltd. (OB:ODL) Revenue Forecasts By 13%
Sep 02Is Odfjell Drilling (OB:ODL) Using Too Much Debt?
Aug 05Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Apr 04Odfjell Drilling Ltd. (OB:ODL) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jan 19Here's Why Odfjell Drilling (OB:ODL) Has A Meaningful Debt Burden
Dec 09Odfjell Drilling Ltd.'s (OB:ODL) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 15Odfjell Drilling (OB:ODL) Has A Somewhat Strained Balance Sheet
Aug 26Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Mar 30Time To Worry? Analysts Are Downgrading Their Odfjell Drilling Ltd. (OB:ODL) Outlook
Mar 03These 4 Measures Indicate That Odfjell Drilling (OB:ODL) Is Using Debt In A Risky Way
Mar 02Odfjell Drilling (OB:ODL) Might Have The Makings Of A Multi-Bagger
Dec 21Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Oct 30Returns At Odfjell Drilling (OB:ODL) Appear To Be Weighed Down
Sep 02Here's Why Odfjell Drilling (OB:ODL) Is Weighed Down By Its Debt Load
Jul 13It's Probably Less Likely That Odfjell Drilling Ltd.'s (OB:ODL) CEO Will See A Huge Pay Rise This Year
Jun 16Odfjell Drilling's (OB:ODL) Returns Have Hit A Wall
May 04Does Odfjell Drilling (OB:ODL) Have A Healthy Balance Sheet?
Apr 05Do Odfjell Drilling's (OB:ODL) Earnings Warrant Your Attention?
Mar 09If You Had Bought Odfjell Drilling (OB:ODL) Stock Five Years Ago, You Could Pocket A 268% Gain Today
Feb 16
Is Odfjell Drilling (OB:ODL) Struggling?
Jan 21CEO 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 about average for companies of similar size in the Norwegian market ($USD681.68K).
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)
2.8yrs
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 | 2.8yrs | US$840.00k | 0.018% NOK 2.2m | |
| Chief Financial Officer | 2.8yrs | US$411.00k | 0.010% NOK 1.3m | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | 2.8yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| General Counsel | 7.9yrs | 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 | 8.5yrs | no data | no data | |
| VP & Head of Sustainability | no data | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: ODL's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman of the Board | 2.8yrs | US$71.00k | 0.0083% NOK 1.0m | |
| Non-Executive Director | 11.3yrs | US$40.00k | no data | |
| Independent Non-Executive Director | 2.9yrs | US$45.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | US$26.00k | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Board: ODL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:34 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Odfjell Drilling Ltd. is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| Håkon Johansen | Beringer Finance AB |
| Ivar Lemmechen Gjul | Beringer Finance AB |