This company has been acquired
Overseas Shipholding Group Management
Management criteria checks 3/4
Overseas Shipholding Group's CEO is Sam Norton, appointed in Dec 2016, has a tenure of 7.58 years. total yearly compensation is $2.87M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 3.13% of the company’s shares, worth $19.12M. The average tenure of the management team and the board of directors is 7.6 years and 6.1 years respectively.
Key information
Sam Norton
Chief executive officer
US$2.9m
Total compensation
| CEO salary percentage | 15.5% |
| CEO tenure | 7.6yrs |
| CEO ownership | 3.1% |
| Management average tenure | 7.6yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Here's Why Shareholders Will Not Be Complaining About Overseas Shipholding Group, Inc.'s (NYSE:OSG) CEO Pay Packet
May 31
Overseas Shipholding Group, Inc.'s (NYSE:OSG) Shares Leap 25% Yet They're Still Not Telling The Full Story
Feb 10Overseas Shipholding Group's (NYSE:OSG) Returns On Capital Are Heading Higher
Jan 30Overseas Shipholding: Growing The Buyback Program Bolsters My Buy Case
Aug 17Overseas Shipholding Group: Creating Shareholder Value
Dec 30Overseas Shipholding GAAP EPS of $0.04, revenue of $118M
Aug 08Overseas Shipholding Group: Business Momentum Not Reflected In Share Price
Jul 26Overseas Shipholding Group: Trading 25% Below Previous Takeout Offer, CEO Buying Stock
Jul 20Merger Arbitrage: Overseas Shipholding Group Is In Play And Primed For Multi-Bid Situation
Aug 31Overseas Shipholding Group: $3/Share Offer On The Table; Deal Seems Likely
Jul 30What Type Of Returns Would Overseas Shipholding Group's (NYSE:OSG) Shareholders Have Received Over The Course Of The Last Five Years?
Feb 22Overseas Shipholding Group (NYSE:OSG) Has A Somewhat Strained Balance Sheet
Jan 25
We're Not Counting On Overseas Shipholding Group (NYSE:OSG) To Sustain Its Statutory Profitability
Dec 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$65m |
| Dec 31 2023 | US$3m | US$446k | US$62m |
| Sep 30 2023 | n/a | n/a | US$52m |
| Jun 30 2023 | n/a | n/a | US$48m |
| Mar 31 2023 | n/a | n/a | US$39m |
| Dec 31 2022 | US$2m | US$425k | US$27m |
| Sep 30 2022 | n/a | n/a | US$13m |
| Jun 30 2022 | n/a | n/a | -US$16m |
| Mar 31 2022 | n/a | n/a | -US$31m |
| Dec 31 2021 | US$2m | US$425k | -US$46m |
| Sep 30 2021 | n/a | n/a | -US$43m |
| Jun 30 2021 | n/a | n/a | -US$28m |
| Mar 31 2021 | n/a | n/a | -US$11m |
| Dec 31 2020 | US$2m | US$425k | US$30m |
| Sep 30 2020 | n/a | n/a | US$42m |
| Jun 30 2020 | n/a | n/a | US$39m |
| Mar 31 2020 | n/a | n/a | US$31m |
| Dec 31 2019 | US$2m | US$425k | US$9m |
| Sep 30 2019 | n/a | n/a | -US$7m |
| Jun 30 2019 | n/a | n/a | US$8m |
| Mar 31 2019 | n/a | n/a | US$13m |
| Dec 31 2018 | US$3m | US$395k | US$13m |
| Sep 30 2018 | n/a | n/a | US$72m |
| Jun 30 2018 | n/a | n/a | US$54m |
| Mar 31 2018 | n/a | n/a | US$54m |
| Dec 31 2017 | US$2m | US$395k | US$56m |
Compensation vs Market: Sam's total compensation ($USD2.87M) is about average for companies of similar size in the US market ($USD3.37M).
Compensation vs Earnings: Sam's compensation has increased by more than 20% in the past year.
CEO
Sam Norton (65 yo)
7.6yrs
Tenure
US$2,872,267
Compensation
Mr. Samuel H. Norton, also known as Sam, serves as President & Chief Executive Officer at Alaska Tanker Company, LLC since March 2020. He has been the Chief Executive Officer and President of Overseas Ship...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | US$2.87m | 3.13% $ 19.1m | |
| VP & CFO | 7yrs | US$1.34m | 0.60% $ 3.7m | |
| VP & COO | 7.6yrs | US$1.23m | 0.55% $ 3.4m | |
| VP & Chief Administrative Officer | 7.6yrs | US$1.21m | 0.57% $ 3.5m | |
| VP, General Counsel & Corporate Secretary | 7.7yrs | US$1.08m | 0.42% $ 2.6m |
7.6yrs
Average Tenure
61yo
Average Age
Experienced Management: OSG's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.9yrs | US$2.87m | 3.13% $ 19.1m | |
| Independent Director | 6.1yrs | US$192.00k | 0.29% $ 1.8m | |
| Independent Non-Executive Chairman of the Board | 9.9yrs | US$267.50k | 0.33% $ 2.0m | |
| Independent Director | 6.1yrs | US$192.50k | 0.22% $ 1.4m | |
| Independent Director | 8.9yrs | US$178.50k | 0.35% $ 2.2m | |
| Independent Director | 4.2yrs | US$190.00k | 0.20% $ 1.2m | |
| Independent Director | 1.1yrs | US$141.50k | 0.092% $ 561.2k |
6.1yrs
Average Tenure
65yo
Average Age
Experienced Board: OSG's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/10 06:42 |
| End of Day Share Price | 2024/07/10 00:00 |
| Earnings | 2024/03/31 |
| 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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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
Overseas Shipholding Group, Inc. is covered by 22 analysts. 0 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 |
|---|---|
| Natasha Boyden | Cantor Fitzgerald & Co. |
| Leo Larkin | CFRA Equity Research |
| Omar Nokta | Cowen Securities LLC |