Odfjell SE

OB:ODFB Stock Report

Market Cap: NOK 8.7b

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 NOK9.88M. 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

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 9.9m
Terje Iversen
Chief Financial Officer13.2yrsUS$529.00k0.081%
NOK 7.0m
Torger Trige
Chief Technical Officer1.9yrsUS$430.00k0.020%
NOK 1.8m
Oistein Jensen
Chief Sustainability Officer4.3yrsUS$412.00k0.073%
NOK 6.4m
Bjørn Hammer
Chief Commercial Officer6.8yrsUS$530.00k0.038%
NOK 3.4m
Adrian Lenning
Managing Director of Terminals5.8yrsUS$479.00k0.034%
NOK 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 Management6.8yrsno datano data
Erik Hjortland
VP of Technology at Odfjell Management ASno datano datano data

5.8yrs

Average Tenure

54yo

Average Age

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