Drilling Tools International Management
Management criteria checks 1/4
Drilling Tools International's CEO is R. Prejean, appointed in Jun 2023, has a tenure of 1.58 years. total yearly compensation is $2.96M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 1.26% of the company’s shares, worth $1.51M. The average tenure of the management team and the board of directors is 1.6 years and 13 years respectively.
Key information
R. Prejean
Chief executive officer
US$3.0m
Total compensation
CEO salary percentage | 15.2% |
CEO tenure | 1.6yrs |
CEO ownership | 1.3% |
Management average tenure | 1.6yrs |
Board average tenure | 13yrs |
Recent management updates
Recent updates
We Think Drilling Tools International (NASDAQ:DTI) Is Taking Some Risk With Its Debt
Dec 21Drilling Tools International Slows Down While Relative Valuation Gets Expensive (Rating Downgrade)
Dec 08Drilling Tools International (NASDAQ:DTI) Posted Weak Earnings But There Is More To Worry About
Aug 16Does Drilling Tools International (NASDAQ:DTI) Have A Healthy Balance Sheet?
Jul 15DTI Has Better Margins And Lower Valuation Than Its Peers
May 15A Piece Of The Puzzle Missing From Drilling Tools International Corporation's (NASDAQ:DTI) 37% Share Price Climb
Apr 04Returns On Capital Are A Standout For Drilling Tools International (NASDAQ:DTI)
Feb 06Drilling Tools International (NASDAQ:DTI) Is Achieving High Returns On Its Capital
Jun 23CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$8m |
Jun 30 2024 | n/a | n/a | US$12m |
Mar 31 2024 | n/a | n/a | US$12m |
Dec 31 2023 | US$3m | US$450k | US$14m |
Sep 30 2023 | n/a | n/a | US$17m |
Jun 30 2023 | n/a | n/a | US$20m |
Mar 31 2023 | n/a | n/a | US$24m |
Dec 31 2022 | US$540k | US$400k | US$20m |
Compensation vs Market: R.'s total compensation ($USD2.96M) is above average for companies of similar size in the US market ($USD641.95K).
Compensation vs Earnings: R.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
R. Prejean (62 yo)
1.6yrs
Tenure
US$2,962,750
Compensation
Mr. R. Wayne Prejean serves as Chief Executive Officer, President and Director at Drilling Tools International Corp. (formerly known as Drilling Tools International, Inc.) since June 2023. He serves as a D...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 1.6yrs | US$2.96m | 1.26% $ 1.5m | |
Chief Financial Officer | 11.3yrs | US$824.30k | 0.13% $ 157.5k | |
President of Directional Tools Rentals Division | 5yrs | US$635.08k | 4.24% $ 5.1m | |
Founder | no data | no data | no data | |
Director of Technical Services & QHSE | no data | no data | no data | |
Vice President of Sales | no data | no data | 0.70% $ 837.9k | |
Vice President of Corporate Development | less than a year | no data | no data | |
Vice President of Human Resources | no data | no data | no data | |
President of Diamond Products Division | less than a year | no data | no data |
1.6yrs
Average Tenure
60.5yo
Average Age
Experienced Management: DTI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 12yrs | US$2.96m | 1.26% $ 1.5m | |
Independent Director | 13yrs | US$60.00k | 0% $ 0 | |
Independent Director | 13yrs | US$46.91k | no data | |
Chairman | 13yrs | no data | 0.63% $ 752.4k | |
Independent Director | 9yrs | US$69.50k | 1.05% $ 1.3m | |
Director | 13yrs | no data | 0.22% $ 258.8k | |
Independent Director | 1.6yrs | US$16.00k | 0.17% $ 207.5k |
13.0yrs
Average Tenure
65yo
Average Age
Experienced Board: DTI's board of directors are seasoned and experienced ( 13 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/08 09:35 |
End of Day Share Price | 2025/01/08 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 |
| |
Analyst Consensus Estimates | +3 years |
|
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Market Prices | 30 years |
| |
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
Drilling Tools International Corporation is covered by 3 analysts. 3 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 |
---|---|
Jeffrey Grampp | Alliance Global Partners |
Francis Lloyd Byrne | Jefferies LLC |
Stephen Ferazani | Sidoti & Company, LLC |