Odfjell Management

Management criteria checks 2/4

Odfjell's CEO is Harald Fotland, appointed in May 2022, has a tenure of 1.83 years. total yearly compensation is $1.05M, comprised of 43% salary and 57% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth NOK9.79M. The average tenure of the management team and the board of directors is 5.2 years and 8 years respectively.

Key information

Harald Fotland

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage43.0%
CEO tenure1.8yrs
CEO ownership0.1%
Management average tenure5.2yrs
Board average tenure8yrs

Recent management updates

Recent updates

Odfjell SE (OB:ODF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr160

Feb 12
Odfjell SE (OB:ODF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr160

Odfjell SE (OB:ODF) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Feb 02
Odfjell SE (OB:ODF) Surges 27% Yet Its Low P/E Is No Reason For Excitement

We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt

Jan 19
We Think Odfjell (OB:ODF) Can Stay On Top Of Its Debt

Returns Are Gaining Momentum At Odfjell (OB:ODF)

Dec 21
Returns Are Gaining Momentum At Odfjell (OB:ODF)

Does Odfjell (OB:ODF) Deserve A Spot On Your Watchlist?

Oct 07
Does Odfjell (OB:ODF) Deserve A Spot On Your Watchlist?

We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt

Aug 25
We Think Odfjell (OB:ODF) Is Taking Some Risk With Its Debt

Is Odfjell (OB:ODF) Using Too Much Debt?

Oct 05
Is Odfjell (OB:ODF) Using Too Much Debt?

We Think Odfjell's (OB:ODF) Profit Is Only A Baseline For What They Can Achieve

Aug 25
We Think Odfjell's (OB:ODF) Profit Is Only A Baseline For What They Can Achieve

New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)

Aug 21
New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)

At kr31.30, Is It Time To Put Odfjell SE (OB:ODF) On Your Watch List?

May 25
At kr31.30, Is It Time To Put Odfjell SE (OB:ODF) On Your Watch List?

We Think Some Shareholders May Hesitate To Increase Odfjell SE's (OB:ODF) CEO Compensation

Apr 28
We Think Some Shareholders May Hesitate To Increase Odfjell SE's (OB:ODF) CEO Compensation

Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky

Jan 24
Odfjell (OB:ODF) Use Of Debt Could Be Considered Risky

What Kind Of Shareholders Hold The Majority In Odfjell SE's (OB:ODF) Shares?

Dec 28
What Kind Of Shareholders Hold The Majority In Odfjell SE's (OB:ODF) Shares?

What Is Odfjell SE's (OB:ODF) Share Price Doing?

Dec 07
What Is Odfjell SE's (OB:ODF) Share Price Doing?

CEO Compensation Analysis

How has Harald Fotland's remuneration changed compared to Odfjell's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$203m

Sep 30 2023n/an/a

US$202m

Jun 30 2023n/an/a

US$200m

Mar 31 2023n/an/a

US$177m

Dec 31 2022US$1mUS$452k

US$142m

Sep 30 2022n/an/a

US$107m

Jun 30 2022n/an/a

US$31m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$501kUS$356k

-US$33m

Sep 30 2021n/an/a

-US$51m

Jun 30 2021n/an/a

-US$22m

Mar 31 2021n/an/a

US$17m

Dec 31 2020US$461kUS$305k

US$28m

Sep 30 2020n/an/a

US$20m

Jun 30 2020n/an/a

US$15m

Mar 31 2020n/an/a

-US$26m

Dec 31 2019US$380kUS$320k

-US$37m

Sep 30 2019n/an/a

-US$74m

Jun 30 2019n/an/a

-US$104m

Mar 31 2019n/an/a

-US$214m

Dec 31 2018US$420kUS$336k

-US$211m

Sep 30 2018n/an/a

-US$59m

Jun 30 2018n/an/a

-US$38m

Mar 31 2018n/an/a

US$77m

Dec 31 2017US$452kUS$320k

US$91m

Compensation vs Market: Harald's total compensation ($USD1.05M) is above average for companies of similar size in the Norwegian market ($USD690.96K).

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


CEO

Harald Fotland (59 yo)

1.8yrs

Tenure

US$1,051,000

Compensation

Mr. Harald Fotland has been Chief Executive Officer of Odfjell SE since May 06, 2022. He had been Chief Operation Officer of Odfjell SE since January 5, 2018 until December 2022. Mr. Fotland served as Seni...


Leadership Team

NamePositionTenureCompensationOwnership
Laurence Odfjell
Executive Chairman of the Board20.2yrsUS$104.00k41.8%
$ 4.2b
Harald Fotland
Chief Executive Officer1.8yrsUS$1.05m0.096%
$ 9.8m
Terje Iversen
Chief Financial Officer12.5yrsUS$537.00k0.075%
$ 7.6m
Torger Trige
Chief Technical Officer1.3yrsUS$236.00k0.016%
$ 1.6m
Oistein Jensen
Chief Sustainability Officer3.6yrsUS$432.00k0.069%
$ 7.0m
Bjørn Hammer
Chief Commercial Officer6.2yrsUS$318.00k0.032%
$ 3.3m
Adrian Lenning
Managing Director of Terminals5.2yrsUS$278.00k0.030%
$ 3.0m
Nils Selvik
Vice President of Corporate Analysis & Investor Relationsno datano datano data
Anngun Dybsland
Head of Communicationsno datano datano data
Ingjerd Nettestad
Vice President of Corporate Human Resourcesno datano datano data
Geirmund Drivenes
Global Head of Ship Management6.2yrsno datano data
Erik Hjortland
VP of Technology at Odfjell Management ASno datano datano data

5.2yrs

Average Tenure

53yo

Average Age

Experienced Management: ODF's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Laurence Odfjell
Executive Chairman of the Board20.2yrsUS$104.00k41.8%
$ 4.2b
Nils Dyvik
Independent Director4.2yrsUS$49.00k0.0034%
$ 349.5k
Christine Rodsaether
Independent Director13.8yrsUS$44.00kno data
Jannicke Nilsson
Independent Director11.8yrsUS$47.00kno data
Erik Nyheim
Directorless than a yearno datano data
Tanja Jo Dalgaard
Directorless than a yearno datano data

8.0yrs

Average Tenure

58yo

Average Age

Experienced Board: ODF's board of directors are considered experienced (8 years average tenure).


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