SBM Offshore Management
Management criteria checks 2/4
SBM Offshore's CEO is Oivind Tangen, appointed in Apr 2022, has a tenure of 3.92 years. total yearly compensation is $4.60M, comprised of 19.8% salary and 80.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $13.32M. The average tenure of the management team and the board of directors is 3.9 years and 2.4 years respectively.
Key information
Oivind Tangen
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 19.80% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.9yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$5m | US$910k | US$922m |
| Sep 30 2025 | n/a | n/a | US$639m |
| Jun 30 2025 | n/a | n/a | US$356m |
| Mar 31 2025 | n/a | n/a | US$253m |
| Dec 31 2024 | n/a | n/a | US$150m |
| Sep 30 2024 | n/a | n/a | US$289m |
| Jun 30 2024 | n/a | n/a | US$428m |
| Mar 31 2024 | n/a | n/a | US$460m |
| Dec 31 2023 | US$2m | US$572k | US$491m |
| Sep 30 2023 | n/a | n/a | US$412m |
| Jun 30 2023 | n/a | n/a | US$333m |
| Mar 31 2023 | n/a | n/a | US$392m |
| Dec 31 2022 | US$2m | US$597k | US$450m |
Compensation vs Market: Oivind's total compensation ($USD4.60M) is below average for companies of similar size in the US market ($USD7.91M).
Compensation vs Earnings: Oivind's compensation has increased by more than 20% in the past year.
CEO
Oivind Tangen (52 yo)
Mr. Oivind Tangen serves as Member of Management Board of SBM Offshore N.V. since April 6, 2022 and served as its Chief Operating Officer since April 6, 2022 until 2024 and serves as its CEO & Chairman of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chair of the Management Board | 3.9yrs | US$4.60m | 0.21% $ 13.3m | |
| CFO & Member of Management Board | 9.3yrs | US$3.16m | 0.25% $ 15.5m | |
| Chief Operating Officer | 1.9yrs | no data | no data | |
| Corporate Finance & Investor Relations Manager | no data | no data | no data | |
| Director of Technology | 2.2yrs | no data | no data | |
| Group Communications Director | 3.3yrs | no data | no data | |
| Sales & Marketing Director | 2.2yrs | no data | no data | |
| Group Human Resources Director | 9.9yrs | no data | no data | |
| Group HSSEQ & Sustainability Director | 4.2yrs | no data | no data | |
| Chief Business Officer | 5.2yrs | no data | no data | |
| Managing Director of Global Resources & Services | 5.1yrs | no data | no data | |
| Managing Director of Turnkey | 1.9yrs | no data | no data |
Experienced Management: SBFF.F's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Supervisory Board | 7.9yrs | US$153.90k | no data | |
| Independent Vice Chair of the Supervisory Board | 4.9yrs | US$111.61k | no data | |
| Independent Member of Supervisory Board | 2.9yrs | US$112.78k | no data | |
| Independent Supervisor Member of Board | 1.2yrs | US$124.53k | no data | |
| Member of Supervisory Board | 1.9yrs | US$105.73k | no data | |
| Independent Supervisor Member of Board | 1.2yrs | US$117.48k | no data |
Experienced Board: SBFF.F's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/10 07:06 |
| End of Day Share Price | 2026/02/06 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
SBM Offshore N.V. is covered by 22 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 |
|---|---|
| Lucy Haskins | Barclays |
| Michael Pickup | Barclays |
| Michael Pickup | Barclays |