GLDD - Great Lakes Dredge & Dock Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Great Lakes Dredge & Dock Corporation

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

SectorIndustrials
IndustryEngineering & Construction
Full Time Employees463

Key Executives

NameTitlePayExercisedYear Born
Mr. Lasse J. PettersonCEO & Director2.25MN/A1956
Mr. Mark W. MarinkoSr. VP & CFO740.3kN/A1962
Ms. Kathleen Mackie LaVoySr. VP, Chief Legal Officer & Corp. Sec.661.51kN/A1980
Mr. David E. SimonelliPres of Dredging Division848.02kN/A1957
Mr. Christopher P. SheaPres of Environmental & Infrastructure Division646.75kN/A1963
Amounts are as of December 31, 2018 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. The company is involved 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 also engages in channel deepening and port infrastructure development; coastal protection projects; re-dredging 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. 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 23 dredges, 16 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 Oak Brook, Illinois.

Corporate Governance

Great Lakes Dredge & Dock Corporation’s ISS Governance QualityScore as of April 1, 2019 is 9. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 8; Compensation: 10.

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.