SBM Offshore Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Oivind Tangen
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 23.8% |
| CEO tenure | 2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.2yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$450m |
Compensation vs Market: Oivind's total compensation ($USD2.40M) is below average for companies of similar size in the US market ($USD6.64M).
Compensation vs Earnings: Oivind's compensation has been consistent with company performance over the past year.
CEO
Oivind Tangen (50 yo)
2yrs
Tenure
US$2,401,192
Compensation
Mr. Oivind Tangen serves as COO & Member of Management Board of SBM Offshore N.V. since April 6, 2022 and serves as its CEO & Chairman of Management Board since April 12, 2024. He had been Managing Directo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, COO & Chair of the Management Board | 2yrs | US$2.40m | 0.12% $ 3.4m | |
| CFO & Member of Management Board | 7.4yrs | US$2.39m | 0.19% $ 5.2m | |
| Group Treasurer & Investor Relations | no data | no data | no data | |
| Group General Counsel & Chief Compliance Officer | 1.3yrs | no data | no data | |
| Group Communications Director | no data | no data | no data | |
| Group Human Resources Director | 8yrs | no data | no data | |
| Group HSSEQ & Sustainability Director | 2.3yrs | no data | no data | |
| Managing Director of New Energies & Services | 6.2yrs | no data | no data | |
| Managing Director of Floating Production Solutions | 3.3yrs | no data | no data | |
| Managing Director of Global Resources & Services | 3.2yrs | no data | no data | |
| Managing Director of Operations | 2yrs | no data | no data | |
| Investor Relations Analyst | no data | no data | no data |
3.2yrs
Average Tenure
50yo
Average Age
Experienced Management: SBFF.Y's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Supervisory Board | 6yrs | US$143.52k | no data | |
| Independent Member of the Supervisory Board | 3yrs | US$99.36k | no data | |
| Member of Supervisory Board | 2yrs | US$136.90k | no data | |
| Member of Supervisory Board | less than a year | US$66.24k | no data | |
| Independent Vice-Chair of Supervisory Board | 6yrs | US$104.88k | no data |
3.0yrs
Average Tenure
65yo
Average Age
Experienced Board: SBFF.Y's board of directors are considered experienced (3 years average tenure).