CEO Peter Dornau has done a decent job of delivering relatively good performance at Ocean Bio-Chem, Inc. (NASDAQ:OBCI) recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 04 June 2021. However, some shareholders may still want to keep CEO compensation within reason.

View our latest analysis for Ocean Bio-Chem

How Does Total Compensation For Peter Dornau Compare With Other Companies In The Industry?

Our data indicates that Ocean Bio-Chem, Inc. has a market capitalization of US$129m, and total annual CEO compensation was reported as US$319k for the year to December 2020. That's a notable increase of 8.4% on last year. Notably, the salary which is US$208.1k, represents most of the total compensation being paid.

On comparing similar-sized companies in the industry with market capitalizations below US$200m, we found that the median total CEO compensation was US$245k. Accordingly, our analysis reveals that Ocean Bio-Chem, Inc. pays Peter Dornau north of the industry median. What's more, Peter Dornau holds US$65m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Talking in terms of the industry, salary represented approximately 18% of total compensation out of all the companies we analyzed, while other remuneration made up 82% of the pie. According to our research, Ocean Bio-Chem has allocated a higher percentage of pay to salary in comparison to the wider industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

Ocean Bio-Chem, Inc.'s Growth

Over the past three years, Ocean Bio-Chem, Inc. has seen its earnings per share (EPS) grow by 59% per year. Its revenue is up 48% over the last year.

This demonstrates that the company has been improving recently and is good news for the shareholders. Most shareholders would be pleased to see strong revenue growth combined with EPS growth. This combo suggests a fast growing business. While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.

Has Ocean Bio-Chem, Inc. Been A Good Investment?

We think that the total shareholder return of 279%, over three years, would leave most Ocean Bio-Chem, Inc. shareholders smiling. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.