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Diamond Offshore Drilling Management
Management criteria checks 3/4
Diamond Offshore Drilling's CEO is Jr. Wolford, appointed in May 2021, has a tenure of 3.33 years. total yearly compensation is $5.23M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $9.73M. The average tenure of the management team and the board of directors is 3.2 years and 3.4 years respectively.
Key information
Jr. Wolford
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 13.6% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Diamond Offshore Drilling: In-Line Quarter With Pending Acquisition By Noble Corporation In Focus
Aug 19Diamond Offshore Drilling, Inc.'s (NYSE:DO) Intrinsic Value Is Potentially 60% Above Its Share Price
May 21
Diamond Offshore Drilling: Investors Should Look Beyond Recent Rig Incident Impact - Buy
Apr 09Unpleasant Surprises Could Be In Store For Diamond Offshore Drilling, Inc.'s (NYSE:DO) Shares
Mar 31Is Diamond Offshore Drilling (NYSE:DO) Using Too Much Debt?
Feb 29Diamond Offshore Drilling: Eagerly Awaiting Earnings And Operational Updates
Feb 17A Look At The Intrinsic Value Of Diamond Offshore Drilling, Inc. (NYSE:DO)
Jan 24Investor Optimism Abounds Diamond Offshore Drilling, Inc. (NYSE:DO) But Growth Is Lacking
Dec 20Diamond Offshore Drilling - Significant Progress Expected In 2024 - Buy
Nov 28Diamond Offshore: Recontracting Provides Upside Potential Despite Risks
Nov 18Are Investors Undervaluing Diamond Offshore Drilling, Inc. (NYSE:DO) By 36%?
Oct 08Diamond Offshore Snags Comprehensive Debt Refinancing At Favorable Terms - Buy
Sep 13Diamond Offshore Drilling: Second Half Outlook Disappoints, Buy On Weakness
Aug 21Diamond Offshore Drilling: Priced For Growth And Perfection
Aug 05Diamond Offshore Drilling, Inc.'s (NYSE:DO) 27% Jump Shows Its Popularity With Investors
Apr 17Diamond Offshore Drilling Q4 2022 Earnings Preview
Feb 24Diamond Offshore Drilling GAAP EPS of $0.05 beats by $0.36, revenue of $226.07M beats by $44.68M
Nov 08Diamond Offshore: Aiming For A Strong 2023
Sep 09Diamond Offshore Drilling GAAP EPS of -$0.22, revenue of $205.7M
Aug 10Diamond Offshore: Buy The Last Domino In The Energy Supercycle
Jun 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$270m |
| Mar 31 2024 | n/a | n/a | -US$40m |
| Dec 31 2023 | US$5m | US$713k | -US$45m |
| Sep 30 2023 | n/a | n/a | US$49m |
| Jun 30 2023 | n/a | n/a | US$199m |
| Mar 31 2023 | n/a | n/a | -US$62m |
| Dec 31 2022 | US$4m | US$706k | -US$103m |
| Sep 30 2022 | n/a | n/a | -US$176m |
| Jun 30 2022 | n/a | n/a | -US$186m |
| Mar 31 2022 | n/a | n/a | -US$2b |
| Dec 31 2021 | US$8m | US$438k | -US$2b |
Compensation vs Market: Jr.'s total compensation ($USD5.23M) is about average for companies of similar size in the US market ($USD5.57M).
Compensation vs Earnings: Jr.'s compensation has increased whilst the company is unprofitable.
CEO
Jr. Wolford (64 yo)
3.3yrs
Tenure
US$5,229,638
Compensation
Mr. Bernie G. Wolford, Jr. serves as President, Chief Executive Officer since May 07, 2021 and Director at Diamond Offshore Drilling Inc. since May 08, 2021. Mr. Wolford served as Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$5.23m | 0.66% $ 9.7m | |
| Senior VP & CFO | 3yrs | US$1.96m | 0.070% $ 1.0m | |
| Senior VP | 10yrs | US$1.69m | 0.11% $ 1.7m | |
| Senior VP & COO | less than a year | no data | 0.085% $ 1.3m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Technical Services | no data | no data | no data | |
| Vice President of HSE | no data | no data | no data | |
| Vice President of Contracts & Marketing | no data | no data | no data | |
| Vice President of Contracts & Marketing | no data | no data | no data | |
| VP, Deputy General Counsel & Assistant Secretary | no data | no data | no data |
3.2yrs
Average Tenure
58yo
Average Age
Experienced Management: DO's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$5.23m | 0.66% $ 9.7m | |
| Independent Director | 3.4yrs | US$439.71k | 0% $ 0 | |
| Director | 2.3yrs | US$252.51k | 0% $ 0 | |
| Independent Chairman of the Board | 3.4yrs | US$568.16k | 0% $ 0 | |
| Independent Director | 1.3yrs | US$130.79k | 0% $ 0 | |
| Independent Director | 3.4yrs | US$429.71k | 0% $ 0 | |
| Independent Director | 3.4yrs | US$499.71k | 0% $ 0 |
3.4yrs
Average Tenure
63yo
Average Age
Experienced Board: DO's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/03 23:16 |
| End of Day Share Price | 2024/09/03 00:00 |
| Earnings | 2024/06/30 |
| 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
Diamond Offshore Drilling, Inc. is covered by 57 analysts. 5 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 |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| James West | Barclays |
| Alan Laws | BMO Capital Markets Equity Research |