11/6/2023 0 Comments Great lakes dredge and dock ceoSo, considering this good performance, the CEO compensation may be quite appropriate. On top of that, in the same period, returns to shareholders have been great. However we must not forget that the EPS growth has been very strong over three years. The graphic below shows how CEO compensation at Great Lakes Dredge & Dock has changed from year to year. We can better assess whether the pay is overly generous by looking into the underlying business performance. However, this does not necessarily mean Great Lakes Dredge & Dock Corporation is paying too much. The median total CEO compensation was US$2.5m.Īs you can see, Lasse Petterson is paid more than the median CEO pay at companies of a similar size, in the same market. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of US$400m to US$1.6b. Importantly, there may be performance hurdles relating to the non-salary component of the total compensation. While we always look at total compensation first, we note that the salary component is less, at US$700k. This method should give us information to assess how appropriately the company pays the CEO.Ĭheck out our latest analysis for Great Lakes Dredge & Dock How Does Lasse Petterson's Compensation Compare With Similar Sized Companies?Īccording to our data, Great Lakes Dredge & Dock Corporation has a market capitalization of US$656m, and paid its CEO total annual compensation worth US$3.3m over the year to December 2018. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. Then we'll look at a snap shot of the business growth. First, this article will compare CEO compensation with compensation at similar sized companies. In 2017 Lasse Petterson was appointed CEO of Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD).
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