Siem Offshore Management

How has Bernt Omdal's remuneration changed compared to Siem Offshore's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$563k	US$528k	US$175m
Sep 30 2023	n/a	n/a	US$68m
Jun 30 2023	n/a	n/a	US$65m
Mar 31 2023	n/a	n/a	US$54m
Dec 31 2022	US$506k	US$471k	US$31m
Sep 30 2022	n/a	n/a	US$45m
Jun 30 2022	n/a	n/a	US$39m
Mar 31 2022	n/a	n/a	US$124m
Dec 31 2021	US$422k	US$371k	US$108m
Sep 30 2021	n/a	n/a	US$59m
Jun 30 2021	n/a	n/a	US$54m
Mar 31 2021	n/a	n/a	-US$287m
Dec 31 2020	US$418k	US$384k	-US$299m
Sep 30 2020	n/a	n/a	-US$313m
Jun 30 2020	n/a	n/a	-US$312m
Mar 31 2020	n/a	n/a	-US$93m
Dec 31 2019	US$476k	US$434k	-US$93m
Sep 30 2019	n/a	n/a	-US$87m
Jun 30 2019	n/a	n/a	-US$88m
Mar 31 2019	n/a	n/a	-US$67m
Dec 31 2018	US$513k	US$479k	-US$71m
Sep 30 2018	n/a	n/a	-US$98m
Jun 30 2018	n/a	n/a	-US$92m
Mar 31 2018	n/a	n/a	-US$169m
Dec 31 2017	US$413k	US$378k	-US$160m

Compensation vs Market: Bernt's total compensation ($USD563.00K) is about average for companies of similar size in the Norwegian market ($USD783.99K).

Compensation vs Earnings: Bernt's compensation has been consistent with company performance over the past year.

CEO

Bernt Omdal (57 yo)

7yrs

Tenure

US$563,000

Compensation

Mr. Bernt Omdal has been Chief Executive Officer of Siem Offshore Inc. since May 15, 2017. Mr. Omdal served as Chief Commercial Officer and Chartering Director at Siem Offshore Inc. until May 15, 2017. Mr....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Bernt Omdal	Chief Executive Officer	7yrs	US$563.00k	no data
Vidar Jerstad	Chief Financial Officer	2.8yrs	US$420.00k	no data
Tore Lillesto	Chief Operating Officer	7yrs	US$333.00k	no data
Leif Lauvas	Group Accounting Director	no data	no data	no data
Tor Grændsen	HR Director	1.4yrs	US$37.00k	no data
Andreas Hageli	Chief Commercial Officer	no data	US$314.00k	no data

4.9yrs

Average Tenure

51yo

Average Age

Experienced Management: SIOFF's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Barry Ridings	Director	4.3yrs	no data	no data
Kristian Siem	Chairman of the Board	19.3yrs	no data	no data
Christen Sveaas	Director	2yrs	no data	no data
Celina Midelfart	Director	2yrs	no data	no data

3.2yrs

Average Tenure

68.5yo

Average Age

Experienced Board: SIOFF's board of directors are considered experienced (3.2 years average tenure).

Siem Offshore Management

Management criteria checks 4/4

Key information

Recent management updates

Siem Offshore Inc., Annual General Meeting, May 07, 2024

No independent directors

Less than half of directors are independent

Director recently bought kr54k worth of stock

Less than half of directors are independent

Director recently bought kr165k worth of stock

Recent updates

Full year 2023 earnings: EPS exceeds analyst expectations

With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Siem Offshore (OB:SIOFF) Has A Pretty Healthy Balance Sheet

Consensus EPS estimates increase by 46%

Full year 2023 earnings released: EPS: US$0.73 (vs US$0.13 in FY 2022)

Siem Offshore Inc. to Report First Half, 2024 Results on Aug 22, 2024

Siem Offshore Inc., Annual General Meeting, May 07, 2024

Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Returns At Siem Offshore (OB:SIOFF) Are On The Way Up

Third quarter 2023 earnings: EPS misses analyst expectations

With EPS Growth And More, Siem Offshore (OB:SIOFF) Makes An Interesting Case

Investor sentiment improves as stock rises 17%

Consensus EPS estimates increase by 172%

Siem Offshore (OB:SIOFF) Seems To Use Debt Quite Sensibly

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Now 20% undervalued

Full year 2022 earnings released: EPS: US$0.13 (vs US$0.73 in FY 2021)

Now 22% undervalued

Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 22%

Full year 2022 earnings released: EPS: US$0.13 (vs US$0.73 in FY 2021)

We Think Siem Offshore (OB:SIOFF) Is Taking Some Risk With Its Debt

Investor sentiment improves as stock rises 16%

Siem Offshore Inc. to Report Q3, 2023 Results on Oct 31, 2023

Investors Will Want Siem Offshore's (OB:SIOFF) Growth In ROCE To Persist

No independent directors

Investor sentiment deteriorated over the past week

Improved Earnings Required Before Siem Offshore Inc. (OB:SIOFF) Stock's 33% Jump Looks Justified

Third quarter 2022 earnings released: EPS: US$0.042 (vs US$0.014 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.081 (vs US$1.08 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Is Siem Offshore (OB:SIOFF) A Risky Investment?

First quarter 2022 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Siem Offshore (OB:SIOFF) Is Experiencing Growth In Returns On Capital

Less than half of directors are independent

Full year 2021 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Here's Why Siem Offshore (OB:SIOFF) Has A Meaningful Debt Burden

Full year 2021 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Director recently bought kr54k worth of stock

Returns On Capital Are Showing Encouraging Signs At Siem Offshore (OB:SIOFF)

Is Siem Offshore (OB:SIOFF) Using Too Much Debt?

Less than half of directors are independent

Third quarter 2021 earnings released: EPS US$0.014 (vs US$0.15 loss in 3Q 2020)

Siem Offshore's (OB:SIOFF) Robust Earnings Might Be Weaker Than You Think

Siem Offshore (OB:SIOFF) Might Have The Makings Of A Multi-Bagger

Second quarter 2021 earnings released: EPS US$1.08 (vs US$25.33 loss in 2Q 2020)

Director recently bought kr165k worth of stock

First quarter 2021 earnings released: US$0.008 loss per share (vs US$0.021 loss in 1Q 2020)

Auditors Are Concerned About Siem Offshore (OB:SIOFF)

Full year 2020 earnings released: US$0.32 loss per share (vs US$0.099 loss in FY 2019)

Siem Offshore's (OB:SIOFF) Returns On Capital Are Heading Higher

Full year 2020 earnings released: US$0.32 loss per share (vs US$0.099 loss in FY 2019)

Siem Offshore Wins Two-Month Firm Contract

Siem Offshore's (OB:SIOFF) Shareholders Are Down 73% On Their Shares

Siem Offshore Inc. Announces Contract Award Siem Barracuda

Siem Offshore Inc. to Report Fiscal Year 2020 Results on Apr 22, 2021

New 90-day low: kr0.50