Dril-Quip Management
Management criteria checks 4/4
Dril-Quip's CEO is Jeff Bird, appointed in May 2020, has a tenure of 3.92 years. total yearly compensation is $3.74M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $3.02M. The average tenure of the management team and the board of directors is 3.9 years and 4.6 years respectively.
Key information
Jeff Bird
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 16.9% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.9yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Dril-Quip Makes Fantastic Move By Merging With Innovex Downhole Solutions
Mar 20Dril-Quip (NYSE:DRQ) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15
Dril-Quip: Ready For Liftoff
Nov 24Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Oct 28Dril-Quip: New Outlook And Re-Segmentation Could Push The Price Up
Aug 23Calculating The Intrinsic Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jul 08We're Interested To See How Dril-Quip (NYSE:DRQ) Uses Its Cash Hoard To Grow
Feb 22Is Dril-Quip, Inc. (NYSE:DRQ) Trading At A 46% Discount?
Nov 25We're Not Worried About Dril-Quip's (NYSE:DRQ) Cash Burn
Sep 29A Look At The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jun 13Calculating The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Mar 15Dril-Quip, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 04Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Mar 18If You Had Bought Dril-Quip's (NYSE:DRQ) Shares Five Years Ago You Would Be Down 44%
Jan 25Dril-Quip's Valuation Remains Robust
Dec 09What Did Dril-Quip's (NYSE:DRQ) CEO Take Home Last Year?
Dec 03
Dril-Quip, Inc. 2020 Q3 - Results - Earnings Call Presentation
Oct 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$633k | US$604k |
| Sep 30 2023 | n/a | n/a | US$422k |
| Jun 30 2023 | n/a | n/a | US$21m |
| Mar 31 2023 | n/a | n/a | US$12m |
| Dec 31 2022 | US$4m | US$606k | -US$2m |
| Sep 30 2022 | n/a | n/a | -US$65m |
| Jun 30 2022 | n/a | n/a | -US$89m |
| Mar 31 2022 | n/a | n/a | -US$103m |
| Dec 31 2021 | US$3m | US$460k | -US$128m |
| Sep 30 2021 | n/a | n/a | -US$76m |
| Jun 30 2021 | n/a | n/a | -US$50m |
| Mar 31 2021 | n/a | n/a | -US$45m |
| Dec 31 2020 | US$3m | US$460k | -US$31m |
| Sep 30 2020 | n/a | n/a | -US$12m |
| Jun 30 2020 | n/a | n/a | -US$28m |
| Mar 31 2020 | n/a | n/a | -US$12m |
| Dec 31 2019 | US$3m | US$460k | US$2m |
| Sep 30 2019 | n/a | n/a | -US$81m |
| Jun 30 2019 | n/a | n/a | -US$90m |
| Mar 31 2019 | n/a | n/a | -US$94m |
| Dec 31 2018 | US$2m | US$451k | -US$96m |
| Sep 30 2018 | n/a | n/a | -US$92m |
| Jun 30 2018 | n/a | n/a | -US$111m |
| Mar 31 2018 | n/a | n/a | -US$108m |
| Dec 31 2017 | US$3m | US$346k | -US$101m |
Compensation vs Market: Jeff's total compensation ($USD3.74M) is about average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Bird (56 yo)
3.9yrs
Tenure
US$3,739,195
Compensation
Mr. Jeffrey J. Bird, also known as Jeff, serves as President at Dril-Quip, Inc. since May 14, 2020 and serves as its Chief Executive Officer and Director since January 01, 2022 and served as its Chief Oper...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$3.74m | 0.45% $ 3.0m | |
| VP & CFO | 2.3yrs | US$1.85m | 0.19% $ 1.3m | |
| VP, General Counsel & Secretary | 13.2yrs | US$1.68m | 0.18% $ 1.2m | |
| Vice President of Subsea Products | no data | US$903.41k | 0.071% $ 473.7k | |
| Vice President of Technology & Energy Transition | 1.5yrs | no data | no data | |
| Director of Corporate Development | no data | no data | no data | |
| Vice President & Chief Human Resources Officer | 4.8yrs | no data | no data |
3.9yrs
Average Tenure
54.5yo
Average Age
Experienced Management: DRQ's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$3.74m | 0.45% $ 3.0m | |
| Independent Chairman of the Board | 18.9yrs | US$348.07k | 0.23% $ 1.5m | |
| Independent Director | 11.4yrs | US$252.45k | 0.20% $ 1.3m | |
| Independent Director | 8.7yrs | US$233.70k | 0.18% $ 1.2m | |
| Independent Director | 4.6yrs | US$245.31k | 0.13% $ 886.0k | |
| Independent Director | 2.1yrs | US$227.84k | 0.068% $ 452.9k | |
| Independent Director | 2.8yrs | US$233.70k | 0.086% $ 575.1k |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Board: DRQ's board of directors are considered experienced (4.6 years average tenure).