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Great Lakes Dredge & Dock Corporation (GLDD)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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13.86-0.25 (-1.77%)
At close: 4:00PM EDT

Great Lakes Dredge & Dock Corporation

9811 Katy Freeway
Suite 1200
Houston, TX 77024
United States
346 359 1010
http://www.gldd.com

Sector(s)Industrials
IndustryEngineering & Construction
Full Time Employees436

Key Executives

NameTitlePayExercisedYear Born
Mr. Lasse J. PettersonCEO, Pres & Director2.14MN/A1956
Mr. Mark W. MarinkoSr. VP & CFO894.08kN/A1962
Mr. David E. SimonelliChief Operating Officer960.29k338.26k1957
Mr. James J. TastardSr. VP and Chief HR & Admin. Officer519.05kN/A1965
Mr. William H. HansonSr. VP of Gov. Relations & Bus. Devel.461.23k6.88k1957
Tina A. BaginskisDirector of Investor RelationsN/AN/AN/A
Ms. Vivienne R. SchifferSr. VP, Chief Legal Officer, Chief Compliance Officer & Corp. Sec.N/AN/A1960
Mr. J. Christopher GillespieSr. VP & Cutter Suction Dredge Fleet Mang.N/AN/A1961
Mr. Steven W. BeckerSr. VP of Fleet EngineeringN/AN/A1962
Mr. Russell F. ZimmermanSr. VP of Project & Area Operations of SoutheastN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects, coastal restoration and land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects, which involves moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 20 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

Corporate Governance

Great Lakes Dredge & Dock Corporation’s ISS Governance QualityScore as of June 1, 2021 is 5. The pillar scores are Audit: 4; Board: 3; Shareholder Rights: 8; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.