Odfjell Management

Management criteria checks 4/4

Odfjell's CEO is Harald Fotland, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is $1.09M, comprised of 47.7% salary and 52.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $837.09K. The average tenure of the management team and the board of directors is 5.9 years and 7.1 years respectively.

Key information

Harald Fotland

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage47.7%
CEO tenure2.6yrs
CEO ownership0.1%
Management average tenure5.9yrs
Board average tenure7.1yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Harald Fotland's remuneration changed compared to Odfjell's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$279m

Jun 30 2024n/an/a

US$260m

Mar 31 2024n/an/a

US$224m

Dec 31 2023US$1mUS$521k

US$203m

Sep 30 2023n/an/a

US$202m

Jun 30 2023n/an/a

US$200m

Mar 31 2023n/an/a

US$177m

Dec 31 2022US$1mUS$452k

US$142m

Sep 30 2022n/an/a

US$107m

Jun 30 2022n/an/a

US$31m

Mar 31 2022n/an/a

-US$7m

Dec 31 2021US$501kUS$356k

-US$33m

Sep 30 2021n/an/a

-US$51m

Jun 30 2021n/an/a

-US$22m

Mar 31 2021n/an/a

US$17m

Dec 31 2020US$461kUS$305k

US$28m

Sep 30 2020n/an/a

US$20m

Jun 30 2020n/an/a

US$15m

Mar 31 2020n/an/a

-US$26m

Dec 31 2019US$380kUS$320k

-US$37m

Sep 30 2019n/an/a

-US$74m

Jun 30 2019n/an/a

-US$104m

Mar 31 2019n/an/a

-US$214m

Dec 31 2018US$420kUS$336k

-US$211m

Sep 30 2018n/an/a

-US$59m

Jun 30 2018n/an/a

-US$38m

Mar 31 2018n/an/a

US$77m

Dec 31 2017US$452kUS$320k

US$91m

Compensation vs Market: Harald's total compensation ($USD1.09M) is below average for companies of similar size in the US market ($USD3.24M).

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


CEO

Harald Fotland (60 yo)

2.6yrs

Tenure

US$1,093,000

Compensation

Mr. Harald Fotland has been Chief Executive Officer of Odfjell SE since May 06, 2022. He had been Chief Operation Officer of Odfjell SE since January 5, 2018 until December 2022. Mr. Fotland served as Seni...


Leadership Team

NamePositionTenureCompensationOwnership
Laurence Odfjell
Executive Chairman of the Board20.9yrsUS$104.00k41.8%
$ 309.9m
Harald Fotland
Chief Executive Officer2.6yrsUS$1.09m0.11%
$ 837.1k
Terje Iversen
Chief Financial Officer13.3yrsUS$529.00k0.081%
$ 597.0k
Torger Trige
Chief Technical Officer2yrsUS$430.00k0.020%
$ 150.4k
Oistein Jensen
Chief Sustainability Officer4.3yrsUS$412.00k0.073%
$ 539.1k
Bjørn Hammer
Chief Commercial Officer6.9yrsUS$530.00k0.038%
$ 285.0k
Adrian Lenning
Managing Director of Terminals5.9yrsUS$479.00k0.034%
$ 255.5k
Nils Selvik
Vice President of Corporate Analysis & Investor Relationsno datano datano data
Anngun Dybsland
Head of Communicationsno datano datano data
Ingjerd Nettestad
Vice President of Corporate Human Resourcesno datano datano data
Geirmund Drivenes
Global Head of Ship Management6.9yrsno datano data
Erik Hjortland
VP of Technology at Odfjell Management ASno datano datano data

5.9yrs

Average Tenure

54yo

Average Age

Experienced Management: ODJB.F's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Laurence Odfjell
Executive Chairman of the Board20.9yrsUS$104.00k41.8%
$ 309.9m
Christine Rodsaether
Independent Director14.6yrsUS$43.00kno data
Jannicke Nilsson
Independent Director12.6yrsUS$45.00kno data
Erik Nyheim
Independent Director1.6yrsno datano data
Tanja Jo Dalgaard
Independent Director1.6yrsno datano data
Jan Kjaevik
Directorless than a yearno datano data

7.1yrs

Average Tenure

59yo

Average Age

Experienced Board: ODJB.F's board of directors are considered experienced (7.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:09
End of Day Share Price 2024/12/11 00:00
Earnings2024/09/30
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

Odfjell SE is covered by 15 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
Anders HolteABG Sundal Collier
Petter NarvestadBeringer Finance AB
Lars KalbakkenCarnegie Investment Bank AB