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Great Lakes Dredge & Dock Corporation (GLDD)


NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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4.15+0.05 (+1.22%)
At close: 4:00PM EDT

4.15 0.00 (0.00%)
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Great Lakes Dredge & Dock Corporation

2122 York Road
Oak Brook, IL 60523
United States
630-574-3000
http://www.gldd.com

SectorIndustrial Goods
IndustryHeavy Construction
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Lasse J. PettersonChief Exec. Officer and Director1.49kN/A60
Mr. Mark W. MarinkoChief Financial Officer and Sr. VP515.15kN/A55
Mr. Kyle D. JohnsonEVP & Chief Operating Officer460.67kN/A56
Mr. David E. SimonelliPres of Dredging Division610.44kN/A60
Mr. Christopher P. SheaPres of Environmental & Infrastructure Division838kN/A54
Amounts are as of December 31, 2016 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 and internationally. It operates in two segments, Dredging and Environmental & Infrastructure. The Dredging segment is involved in capital dredging that consists of port expansion projects, land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. This segment also engages in channel deepening and port infrastructure development; coastal protection projects; re-dredging of previously deepened waterways and harbors; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. The Environmental & Infrastructure segment provides construction services on soil, water, and sediment for public and private clients; environmental and geotechnical construction; and remediation services, including the containment, immobilization, or removal of contamination from an environment. It serves general contractors, corporations, superfund potentially responsible parties, and environmental engineering and construction firms, as well as federal and municipal government agencies. The company operates a fleet of 28 dredges, including 7 deployed internationally; 23 material transportation barges; 2 drillboats; 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 Oak Brook, Illinois.

Corporate Governance

Great Lakes Dredge & Dock Corporation’s ISS Governance QualityScore as of July 1, 2017 is 7. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 8; Compensation: 6.

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.