Companies Oceaneering International
Oceaneering International (OII): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me Oceaneering International’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO vs. named peers56th pct.Of 12 peer CEOs
CEO pay, last three years
- $7,753,037FY2023
- $7,401,994FY2024
- $7,735,670FY2025
CEO total pay was $7,735,670 in fiscal 2025, up from $7,401,994 in fiscal 2024.
FY2025: salary $910,000 · bonus $0 · stock awards $2,027,796 · option awards $0
Executives and directors
Alan Curtis · CFOJennifer Simons · General CounselBenjamin Laura · COOMartin McDonald · SVPRoderick Larson · CEODeanna L. Goodwin · Independent DirectorJon Erik Reinhardsen · Independent DirectorKaren H. Beachy · Independent DirectorM. Kevin McEvoy · Chair of the BoardPaul B. Murphy Jr · Independent DirectorReema Poddar · Independent DirectorSteven A. Webster · Independent DirectorWilliam B. Berry · Independent Director
Frequently asked questions
Who was the highest-paid executive at Oceaneering International in fiscal 2025?
As disclosed, Roderick Larson (President and Chief Executive Officer) was the highest-paid executive at Oceaneering International in fiscal 2025, with total compensation of $7,735,670.
How does Oceaneering International's chief executive pay compare to its disclosed peer group?
As disclosed, Roderick Larson's total compensation ranked at the 56th percentile of Oceaneering International's disclosed peer group.
What is Oceaneering International's CEO-to-median employee pay ratio?
As disclosed, Oceaneering International's CEO-to-median employee pay ratio was 103:1.
How did shareholders vote on Oceaneering International's executive compensation?
As disclosed, 96.12% of shareholders supported Oceaneering International's executive compensation in the latest say-on-pay vote.
How much does Oceaneering International spend in total on board compensation for fiscal 2025?
As disclosed, Oceaneering International reported total board compensation of $2,507,448 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Roderick Larson | $910,000 | $0 | $2,027,796 | $0 | $4,282,425 | $0 | $515,449 | $7,735,670 |
| President and Chief Executive Officer | ||||||||
| Alan Curtis | 503,500 | 0 | 651,699 | 0 | 1,536,647 | 0 | 180,102 | 2,871,948 |
| Senior Vice President and Chief Financial Officer | ||||||||
| Jennifer Simons | 453,600 | 0 | 391,413 | 0 | 924,153 | 0 | 138,867 | 1,908,033 |
| Senior Vice President, Chief Legal Officer and Secretary | ||||||||
| Benjamin Laura | 472,600 | 0 | 407,803 | 0 | 844,071 | 0 | 143,359 | 1,867,833 |
| Senior Vice President and Chief Operating Officer | ||||||||
| Martin McDonald | 405,500 | 0 | 253,682 | 0 | 738,273 | 0 | 137,424 | 1,534,879 |
| Senior Vice President, Subsea Robotics | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Roderick Larson | $7,735,670 | $7,401,994 | $7,753,037 | ↑ +333,676 |
| Alan Curtis | 2,871,948 | 2,653,633 | 2,789,871 | ↑ +218,315 |
| Jennifer Simons | 1,908,033 | 1,208,459 | 2,354,686 | ↑ +699,574 |
| Benjamin Laura | 1,867,833 | 1,336,162 | — | ↑ +531,671 |
| Martin McDonald | 1,534,879 | 1,472,694 | 1,536,024 | ↑ +62,185 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation program is designed to attract and retain key executives, motivate them to achieve short- and long-term objectives without exposing us to excessive or unnecessary risk, and align their interests with our stockholders’ interests.
| CEO STI target (% of salary) | 125% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Martin McDonald | RSU | 2025-02-24 | — | — | 11,484 | — | $253,682 |
| Alan Curtis | RSU | 2025-02-24 | — | — | 29,502 | — | 651,699 |
| Roderick Larson | RSU | 2025-02-24 | — | — | 91,797 | — | 2,027,796 |
| Benjamin Laura | RSU | 2025-02-24 | — | — | 18,461 | — | 407,803 |
| Jennifer Simons | RSU | 2025-02-24 | — | — | 17,719 | — | 391,413 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Martin McDonald | $253,682 | $0 | $0 | 0.0% |
| Alan Curtis | 651,699 | 0 | 0 | 0.0% |
| Roderick Larson | 2,027,796 | 0 | 0 | 0.0% |
| Benjamin Laura | 407,803 | 0 | 0 | 0.0% |
| Jennifer Simons | 391,413 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Martin McDonald | RSU | 11,484 | — | $275,961 |
| Benjamin Laura | RSU | 18,461 | — | 443,618 |
| Alan Curtis | RSU | 29,502 | — | 708,933 |
| Martin McDonald | RSU | 37,987 | — | 912,828 |
| Benjamin Laura | RSU | 46,356 | — | 1,113,935 |
| Roderick Larson | RSU | 91,797 | — | 2,205,882 |
| Alan Curtis | RSU | 96,016 | — | 2,307,264 |
| Jennifer Simons | RSU | 101,077 | — | 2,428,880 |
| Roderick Larson | RSU | 289,658 | — | 6,960,482 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| M. Kevin McEvoyIndependent · Board Chair · Sustainability (Chair) | $132,000 | $271,510 | $0 | — | $0 | $403,510 |
| Paul B. Murphy JrIndependent · Audit (Chair) · Nominating/Governance | 132,000 | 184,634 | 0 | — | 0 | 316,634 |
| Deanna L. GoodwinIndependent · Compensation (Chair) · Audit | 127,000 | 184,634 | 0 | — | 0 | 311,634 |
| Karen H. BeachyIndependent · Compensation · Audit | 117,000 | 184,634 | 0 | — | 0 | 301,634 |
| Jon Erik ReinhardsenIndependent · Compensation · Nominating/Governance (Chair) | 112,000 | 184,634 | 0 | — | 0 | 296,634 |
| Reema PoddarIndependent · Audit · Nominating/Governance | 109,500 | 184,634 | 0 | — | 0 | 294,134 |
| Steven A. WebsterIndependent · Nominating/Governance | 107,000 | 184,634 | 0 | — | 0 | 291,634 |
| William B. BerryIndependent · Compensation | 107,000 | 184,634 | 0 | — | 0 | 291,634 |
| Roderick A. LarsonEmployee director | 0 | 0 | 0 | 0 | 0 | 0 |
| Roger W. JenkinsIndependent · Compensation · Newly elected | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $97,000 |
|---|---|
| Annual equity retainer | $170,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 20,000 / 10,000 |
| Stock ownership guideline | $485,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $943,500 |
| Equity awards (grant-date value) | $1,563,948 |
| All other compensation | $0 |
| Total cost of the board | $2,507,448 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Oceaneering International as a peer
Companies that benchmark against OII
30 companies name OII as a compensation peer
The list of companies that name OII as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
XPRO Expro Group Holdings N.V.GTLS Chart Industries, Inc.HLX Helix Energy Solutions Group, Inc.HP Helmerich & Payne, Inc.RIG Transocean Ltd.WFRD Weatherford International plc Peer Company CEOs Dril-Quip, Inc.DNOW DNOW, Inc.CHX ChampionX CorporationFLS Flowserve CorporationOIS Oil States International, Inc.
Peer reciprocity
The companies Oceaneering International names as compensation peers that name it back in their own disclosed peer groups.
Expro Group Holdings N.V. (XPRO)39Helix Energy Solutions Group, Inc. (HLX)40Helmerich & Payne, Inc. (HP)41Transocean Ltd. (RIG)42Weatherford International plc (WFRD)43DNOW, Inc. (DNOW)44ChampionX Corporation (CHX)45Oil States International, Inc. (OIS)46
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Weatherford International plc | 2025 | Girishchandra Saligram | $1,254,808 | $9,969,035 | $0 | $1,735,296 | $13,022,298 |
| 2 | Flowserve Corporation | 2025 | R. Scott Rowe | 1,236,538 | 7,245,114 | 0 | 1,901,250 | 10,914,232 |
| 3 | Helmerich & Payne, Inc. | 2025 | John Lindsay | 1,179,909 | 5,749,957 | 0 | 1,559,016 | 9,010,799 |
| 4 | Transocean Ltd. | 2025 | Keelan Adamson | 933,333 | 5,771,957 | 0 | 1,820,000 | 8,793,715 |
| 5 | ChampionX Corporation | 2024 | Sivasankaran Somasundaram | 954,231 | 5,486,640 | — | 1,365,745 | 7,830,131 |
| 6 | Oceaneering International | 2025 | Roderick Larson | 910,000 | 2,027,796 | 0 | 4,282,425 | 7,735,670 |
| 7 | Chart Industries, Inc. | 2024 | Jillian Evanko | 1,100,000 | 4,378,424 | 1,573,870 | 565,785 | 7,687,879 |
| 8 | Dnow, Inc. | 2025 | David Cherechinsky | 999,173 | 4,555,071 | 0 | 1,550,548 | 7,118,605 |
| 9 | Expro Group Holdings NV | 2024 | Michael Jardon | 1,000,000 | 5,246,072 | 0 | 690,625 | 6,962,497 |
| 10 | Oil States International, Inc. | 2025 | Cindy Taylor | 925,000 | 2,400,003 | 0 | 1,654,244 | 5,079,386 |
| 11 | Helix Energy Solutions Group, Inc. | 2025 | Owen Kratz | 800,000 | 3,838,519 | 0 | 420,000 | 5,067,269 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Oceaneering International | 124% | not disclosed | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| ChampionX Corporation | not disclosed | RSU 50 · PSU 50 | not disclosed | Frederick W. Cook & Co., Inc. |
| Chart Industries, Inc. | 38.1% | not disclosed | No | Pay Governance |
| Dnow, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Zayla Partners |
| Expro Group Holdings NV | not disclosed | PRSU 60 · RSU 40 | Yes — Total Shareholder Return (TSR) | Meridian Consultants, LLC |
| Flowserve Corporation | 117% | not disclosed | Yes — relative Total Shareholder Return (rTSR) | F.W. Cook |
| Helix Energy Solutions Group, Inc. | 35% | PSU 50 · RSU 50 | Yes — TSR relative to performance peer group | WTW (Willis Towers Watson) |
| Helmerich & Payne, Inc. | 109.09% | PSU 50 · RSU 50 | Yes — Total Stockholder Return (TSR) | Willis Towers Watson |
| Oil States International, Inc. | not disclosed | RSU 50 · PRSU 25 · Cash Performance Award 25 | not disclosed | Meridian Compensation Partners |
| Transocean Ltd. | not disclosed | PSU 50 · RSU 50 | No | Pay Governance LLC |
| Weatherford International plc | 92.3% | PSU 75 · RSU 25 | No | LB&Co. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-15 | 85,566,754 | 2,461,109 | 994,623 | 96.12% | Passed |
| 2025 | 2025-05-09 | 83,681,990 | 8,155,903 | 477,806 | 90.65% | Passed |
| 2024 | 2024-05-10 | 88,063,068 | 5,703,026 | 120,947 | 93.8% | Passed |
| 2023 | 2023-05-16 | 83,031,367 | 6,082,514 | 234,635 | 92.93% | Passed |
| 2022 | 2022-05-27 | 82,665,945 | 5,702,507 | 220,798 | 93.31% | Passed |
| 2021 | 2021-05-07 | 76,246,354 | 6,904,083 | 740,848 | 90.89% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-15 | 96.12%a |
| 2025 | 2025-05-09 | 90.65%b |
| 2024 | 2024-05-10 | 93.8%c |
a. Approved under the standard stated in the filing — “Because abstentions are counted as present for the purpose of the vote on this proposal, they have the same effect as votes "AGAINST" this proposal.”.
b. Approved under the standard stated in the filing — “Because abstentions are counted as present for the purpose of the vote on this proposal, they have the same effect as votes "AGAINST" this proposal.”.
c. Approved under the standard stated in the filing — “Because abstentions are counted as present for purposes of the vote on this proposal, but are not votes "FOR" this proposal, they have the same effect as votes "AGAINST" this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 103 : 1 |
|---|---|
| CEO total compensation | $7,735,670 |
| Median employee compensation | $75,254 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (46 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Roderick Larson. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table”. As printed: 7,735,670. View filing ↗
- Section 01, Alan Curtis. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table”. As printed: 2,871,948. View filing ↗
- Section 01, Jennifer Simons. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table”. As printed: 1,908,033. View filing ↗
- Section 01, Benjamin Laura. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table”. As printed: 1,867,833. View filing ↗
- Section 01, Martin McDonald. DEF 14A, filed 2026-04-02. Section “Summary Compensation Table”. As printed: 1,534,879. View filing ↗
- Section 03, Martin McDonald RSU. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Alan Curtis RSU. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Roderick Larson RSU. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Benjamin Laura RSU. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Jennifer Simons RSU. DEF 14A, filed 2026-04-02. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-02. Section “CEO Pay Ratio”. As printed: 103 : 1. View filing ↗
- Section 08, M. Kevin McEvoy. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 403,510. View filing ↗
- Section 08, Paul B. Murphy Jr. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 316,634. View filing ↗
- Section 08, Deanna L. Goodwin. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 311,634. View filing ↗
- Section 08, Karen H. Beachy. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 301,634. View filing ↗
- Section 08, Jon Erik Reinhardsen. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 296,634. View filing ↗
- Section 08, Reema Poddar. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 294,134. View filing ↗
- Section 08, Steven A. Webster. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 291,634. View filing ↗
- Section 08, William B. Berry. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 291,634. View filing ↗
- Section 08, Roderick A. Larson. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Roger W. Jenkins. DEF 14A, filed 2026-04-02. Section “Director Compensation”. As printed: —. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-18. Item 5.07 · say-on-pay result. As reported: 96.12% (votes for as printed: 85,566,754.16). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-09. Item 5.07 · say-on-pay result. As reported: 90.65% (votes for as printed: 83,681,990). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-13. Item 5.07 · say-on-pay result. As reported: 93.8% (votes for as printed: 88,063,068). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 943,500 + equity 1,563,948 + all other 0 = 2,507,448, summed across the director compensation table rows.
- Weatherford International plc, Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Weatherford International plc's own proxy. As printed: 13,022,298. View filing ↗
- Flowserve Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Flowserve Corporation's own proxy. As printed: 10,914,232. View filing ↗
- Helmerich & Payne, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-22. CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. View filing ↗
- Transocean Ltd., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Transocean Ltd.'s own proxy. As printed: 8,793,715. View filing ↗
- ChampionX Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-29. CEO total compensation as printed in ChampionX Corporation's own proxy. As printed: 7,830,131. View filing ↗
- Oceaneering International (subject), Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Oceaneering International's own proxy. As printed: 7,735,670. View filing ↗
- Chart Industries, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-08. CEO total compensation as printed in Chart Industries, Inc.'s own proxy. As printed: 7,687,879. View filing ↗
- Dnow, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Dnow, Inc.'s own proxy. As printed: 7,118,605. View filing ↗
- Expro Group Holdings NV, Section 10b CEO total. DEF 14A, filed 2025-04-11. CEO total compensation as printed in Expro Group Holdings NV's own proxy. As printed: 6,962,497. View filing ↗
- Oil States International, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Oil States International, Inc.'s own proxy. As printed: 5,079,386. View filing ↗
- Helix Energy Solutions Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Helix Energy Solutions Group, Inc.'s own proxy. As printed: 5,067,269. View filing ↗
- Section 10a, Expro Group Holdings N.V. reciprocity. DEF 14A. Expro Group Holdings N.V. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Helix Energy Solutions Group, Inc. reciprocity. DEF 14A. Helix Energy Solutions Group, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Helmerich & Payne, Inc. reciprocity. DEF 14A. Helmerich & Payne, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Transocean Ltd. reciprocity. DEF 14A. Transocean Ltd. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Weatherford International plc reciprocity. DEF 14A. Weatherford International plc names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, DNOW, Inc. reciprocity. DEF 14A. DNOW, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, ChampionX Corporation reciprocity. DEF 14A. ChampionX Corporation names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Oil States International, Inc. reciprocity. DEF 14A. Oil States International, Inc. names Oceaneering International in its own disclosed peer group (read from its most recent proxy). View filing ↗