Odfjell Management

Management criteria checks 3/4

Odfjell's CEO is Harald Fotland, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is $1.09M, comprised of 47.7% salary and 52.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NOK10.13M. The average tenure of the management team and the board of directors is 5.8 years and 7 years respectively.

Key information

Harald Fotland

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage47.7%
CEO tenure2.5yrs
CEO ownership0.1%
Management average tenure5.8yrs
Board average tenure7yrs

Recent management updates

Recent updates

Why Investors Shouldn't Be Surprised By Odfjell SE's (OB:ODF) 25% Share Price Plunge

Nov 13
Why Investors Shouldn't Be Surprised By Odfjell SE's (OB:ODF) 25% Share Price Plunge

Earnings Miss: Odfjell SE Missed EPS By 11% And Analysts Are Revising Their Forecasts

Nov 08
Earnings Miss: Odfjell SE Missed EPS By 11% And Analysts Are Revising Their Forecasts

Odfjell (OB:ODF) Has A Pretty Healthy Balance Sheet

Oct 17
Odfjell (OB:ODF) Has A Pretty Healthy Balance Sheet

The Market Doesn't Like What It Sees From Odfjell SE's (OB:ODF) Earnings Yet

Sep 27
The Market Doesn't Like What It Sees From Odfjell SE's (OB:ODF) Earnings Yet

If EPS Growth Is Important To You, Odfjell (OB:ODF) Presents An Opportunity

Jul 31
If EPS Growth Is Important To You, Odfjell (OB:ODF) Presents An Opportunity

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

Jun 28
Is Odfjell (OB:ODF) Using Too Much Debt?

Odfjell SE's (OB:ODF) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Apr 20
Odfjell SE's (OB:ODF) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Odfjell (OB:ODF) Is Doing The Right Things To Multiply Its Share Price

Apr 13
Odfjell (OB:ODF) Is Doing The Right Things To Multiply Its Share Price

Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

Mar 28
Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

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

CEO Compensation Analysis

How has Harald Fotland's remuneration changed compared to Odfjell's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$279m

Jun 30 2024n/an/a

US$260m

Mar 31 2024n/an/a

US$224m

Dec 31 2023US$1mUS$521k

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 ($USD1.09M) is above average for companies of similar size in the Norwegian market ($USD563.00K).

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


CEO

Harald Fotland (60 yo)

2.5yrs

Tenure

US$1,093,000

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 Board20.8yrsUS$104.00k41.8%
NOK 3.7b
Harald Fotland
Chief Executive Officer2.5yrsUS$1.09m0.11%
NOK 10.1m
Terje Iversen
Chief Financial Officer13.2yrsUS$529.00k0.081%
NOK 7.2m
Torger Trige
Chief Technical Officer1.9yrsUS$430.00k0.020%
NOK 1.8m
Oistein Jensen
Chief Sustainability Officer4.3yrsUS$412.00k0.073%
NOK 6.5m
Bjørn Hammer
Chief Commercial Officer6.8yrsUS$530.00k0.038%
NOK 3.4m
Adrian Lenning
Managing Director of Terminals5.8yrsUS$479.00k0.034%
NOK 3.1m
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 Management6.8yrsno datano data
Erik Hjortland
VP of Technology at Odfjell Management ASno datano datano data

5.8yrs

Average Tenure

54yo

Average Age

Experienced Management: ODF's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Laurence Odfjell
Executive Chairman of the Board20.8yrsUS$104.00k41.8%
NOK 3.7b
Christine Rodsaether
Independent Director14.5yrsUS$43.00kno data
Jannicke Nilsson
Independent Director12.5yrsUS$45.00kno data
Erik Nyheim
Independent Director1.5yrsno datano data
Tanja Jo Dalgaard
Independent Director1.5yrsno datano data
Jan Kjaevik
Directorless than a yearno datano data

7.0yrs

Average Tenure

59yo

Average Age

Experienced Board: ODF's board of directors are considered experienced (7 years average tenure).