SBM Offshore N.V.

OTCPK:SBFF.Y Stock Report

Market Cap: US$3.1b

SBM Offshore Management

Management criteria checks 4/4

SBM Offshore's CEO is Oivind Tangen, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is $2.40M, comprised of 23.8% salary and 76.2% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $4.14M. The average tenure of the management team and the board of directors is 2.7 years and 3.2 years respectively.

Key information

Oivind Tangen

Chief executive officer

US$2.4m

Total compensation

CEO salary percentage23.8%
CEO tenure2.7yrs
CEO ownership0.1%
Management average tenure2.7yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Oivind Tangen's remuneration changed compared to SBM Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$428m

Mar 31 2024n/an/a

US$460m

Dec 31 2023US$2mUS$572k

US$491m

Sep 30 2023n/an/a

US$412m

Jun 30 2023n/an/a

US$333m

Mar 31 2023n/an/a

US$392m

Dec 31 2022US$2mUS$597k

US$450m

Compensation vs Market: Oivind's total compensation ($USD2.40M) is below average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Oivind's compensation has been consistent with company performance over the past year.

CEO

Oivind Tangen (51 yo)

2.7yrs

Tenure

US$2,401,192

Compensation

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

NamePositionTenureCompensationOwnership
Oivind Tangen
CEO & Chair of the Management Board2.7yrsUS$2.40m0.13%
$ 4.1m
Douglas H. Wood
CFO & Member of Management Board8.1yrsUS$2.39m0.19%
$ 6.0m
Alexander Glenn
Chief Operating Officerless than a yearno datano data
Jaap-Harm Westhuis
Director of Technologyless than a yearno datano data
Bert-Jaap Dijkstra
Group Treasurer & Investor Relationsno datano datano data
Lilia Alexander
Group General Counsel & Chief Compliance Officer1.9yrsno datano data
Evelyn Tachau-Brown
Group Communications Director2.1yrsno datano data
Jean-Charles Rinaldi
Sales & Marketing Directorless than a yearno datano data
Anne Guerin-Moens
Group Human Resources Director8.7yrsno datano data
Stein Rasmussen
Group HSSEQ & Sustainability Director2.9yrsno datano data
Olivier Icyk
Chief Business Officer3.9yrsno datano data
Stephane Lagrange
Managing Director of Global Resources & Services3.8yrsno datano data

2.7yrs

Average Tenure

51yo

Average Age

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

Board Members

NamePositionTenureCompensationOwnership
Roeland Baan
Independent Chairman of the Supervisory Board6.7yrsUS$143.52kno data
Ingelise Arntsen
Independent Member of the Supervisory Board3.7yrsUS$99.36kno data
Hilary Mercer
Member of Supervisory Board2.7yrsUS$136.90kno data
Allard Castelein
Member of Supervisory Board1.7yrsUS$66.24kno data
Bernard Bajolet
Independent Vice-Chair of Supervisory Board6.7yrsUS$104.88kno data
P.E. Jager
Member of Supervisory Boardless than a yearno datano data

3.2yrs

Average Tenure

63yo

Average Age

Experienced Board: SBFF.Y's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:21
End of Day Share Price 2024/12/26 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

SBM Offshore N.V. is covered by 35 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thijs BerkelderABN AMRO Bank N.V.
Marzio FoaAlphaValue
Michael PickupBarclays