Martin Nes - SD Standard Acting CEO

SDSD Stock  NOK 1.72  0.03  1.78%   

CEO

Mr. Martin Nes was Chairman of the Board of Directors of SD Standard Drilling Plc since August 28, 2013. Before that he was Acting Chief Executive Officer of the Company since February 15, 2012. He previously served in this position at the Company from May 27, 2011 until August 29, 2011. He also was Member of the Board of Directors of the Company until May 9, 2011. He also previously served as Chairman of the Board of the Company. Martin Nes was involved with the company since its incorporation in 2010. He is well versed in the company and the shipping and offshore industry and has broad corporate and board experience. Mr. Nes is also a partner and serves as a CEO of Ferncliff Tih AS, one of Norways investment companies. Mr. Nes has previously worked several years for the Norwegian law firm Wikborg Rein, both in their Oslo and London offices and for the shipping law firm Evensen Co since 2013.
Tenure 11 years
Phone357 2 5875474
Webhttps://www.standard-etc.com
Nes holds a law degree from University of Oslo and a Master of laws’ degree from University of Southampton, England.

SD Standard Management Efficiency

The company has return on total asset (ROA) of 0.2094 % which means that it generated a profit of $0.2094 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.333 %, meaning that it generated $0.333 on every $100 dollars invested by stockholders. SD Standard's management efficiency ratios could be used to measure how well SD Standard manages its routine affairs as well as how well it operates its assets and liabilities.

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The company was founded in 2010 and is headquartered in Limassol, Cyprus. S D operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 1 people. SD Standard Drilling (SDSD) is traded on Oslo Stock Exchange in Norway and employs 10 people.

Management Performance

SD Standard Drilling Leadership Team

Elected by the shareholders, the SD Standard's board of directors comprises two types of representatives: SD Standard inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SDSD. The board's role is to monitor SD Standard's management team and ensure that shareholders' interests are well served. SD Standard's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SD Standard's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christos Neocleous, Chief Officer
Arne Fredly, Director
Espen Fjermestad, Head investments
George Crystallis, Director
Eugene Loh, Global HR
Martin Nes, Acting CEO
Espen Lundaas, Acting CFO
Evangelia Panagide, General Manager
Constantinos Pantelides, Director
Tatiana Dolobko, Controller

SDSD Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SD Standard a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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Please note, there is a significant difference between SD Standard's value and its price as these two are different measures arrived at by different means. Investors typically determine if SD Standard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SD Standard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.