Odfjell Drilling Ltd.

OTCPK:ODFJ.F Stock Report

Market Cap: US$1.1b

Odfjell Drilling Management

Management criteria checks 2/4

Odfjell Drilling's CEO is Kjetil Gjersdal, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is $840.00K, comprised of 52.7% salary and 47.3% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $193.85K. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.

Key information

Kjetil Gjersdal

Chief executive officer

US$840.0k

Total compensation

CEO salary percentage52.7%
CEO tenure2.7yrs
CEO ownership0.02%
Management average tenure2.7yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kjetil Gjersdal's remuneration changed compared to Odfjell Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$239m

Mar 31 2024n/an/a

US$234m

Dec 31 2023US$840kUS$443k

US$222m

Sep 30 2023n/an/a

US$225m

Jun 30 2023n/an/a

US$50m

Mar 31 2023n/an/a

US$58m

Dec 31 2022US$700kUS$308k

US$75m

Compensation vs Market: Kjetil's total compensation ($USD840.00K) is below average for companies of similar size in the US market ($USD3.24M).

Compensation vs Earnings: Kjetil's compensation has increased by more than 20% in the past year.


CEO

Kjetil Gjersdal (54 yo)

2.7yrs

Tenure

US$840,000

Compensation

Mr. Kjetil Gjersdal is the Chief Executive Officer of Odfjell Drilling Ltd. since March 2022. He was an Executive Vice President of Mobile Drilling Units at Odfjell Drilling Ltd.since June 11, 2016. Mr. G...


Leadership Team

NamePositionTenureCompensationOwnership
Kjetil Gjersdal
Chief Executive Officer2.7yrsUS$840.00k0.018%
$ 193.8k
Frode Syslak
Chief Financial Officer2.7yrsUS$411.00k0.010%
$ 114.2k
Jakob Korsgaard
Chief Operating Officer1.8yrsno datano data
Hakon Klepsvik
Chief Technology Officer2.7yrsno datano data
James Crothers
Investor Relations Officerno datano datano data
Cecilie Gjelsvik
General Counsel7.8yrsno datano data
Helge Maubach
Senior Vice President of Human Resources1.3yrsno datano data
Janike Myre
Senior Vice President of QHSEno datano datano data
Michael Nielsen
Executive VP of Business Development & Chief Commercial Officer8.4yrsno datano data
Karoline Flate
VP & Head of Sustainabilityno datano datano data
Gillian Basson
Corporate Secretaryno datano datano data

2.7yrs

Average Tenure

52.5yo

Average Age

Experienced Management: ODFJ.F's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simen Lieungh
Independent Non-Executive Chairman of the Board2.7yrsUS$71.00k0.0083%
$ 91.3k
Helene Odfjell
Non-Executive Director11.2yrsUS$40.00kno data
Harald Thorstein
Independent Non-Executive Director2.8yrsUS$45.00kno data
Knut Hatleskog
Independent Non-Executive Director1.6yrsUS$26.00kno data

2.8yrs

Average Tenure

57yo

Average Age

Experienced Board: ODFJ.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.