While it would be good to see revenue growth, profits matter more in the end. Shareholders would be glad to know that the company has improved itself over the last few years. Moreover, Lasse Petterson also holds US$5.5m worth of Great Lakes Dredge & Dock stock directly under their own name, which reveals to us that they have a significant personal stake in the company. So it looks like Great Lakes Dredge & Dock compensates Lasse Petterson in line with the median for the industry. In comparison with other companies in the industry with market capitalizations ranging from US$200m to US$800m, the reported median CEO total compensation was US$3.7m. While we always look at total compensation first, our analysis shows that the salary component is less, at US$700k. We note that's an increase of 17% above last year. View our latest analysis for Great Lakes Dredge & Dock How Does Total Compensation For Lasse Petterson Compare With Other Companies In The Industry?Īccording to our data, Great Lakes Dredge & Dock Corporation has a market capitalization of US$560m, and paid its CEO total annual compensation worth US$3.8m over the year to December 2019. This analysis will also evaluate the appropriateness of CEO compensation when taking into account the earnings and shareholder returns of the company. Lasse Petterson became the CEO of Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD) in 2017, and we think it's a good time to look at the executive's compensation against the backdrop of overall company performance.
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