Royal Boskalis Westminster N.V. (RBWNY)

8.86 +0.45 (+5.35%) At close: 12:02PM EDT

Royal Boskalis Westminster N.V.

Rosmolenweg 20
Papendrecht 3356 LK
Netherlands
31 78 696 9000
https://www.boskalis.com

Sector(s): Industrials
Industry: Engineering & Construction
Full-time employees: 7,872

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Peter A. M. Berdowski	Chairman of Management Board & CEO	1.93M	N/A	1957
Mr. Carlo Van Noort	CFO & Member of Management Board	1M	N/A	1975
Mr. Theo L. Baartmans	Member of Management Board	1.36M	N/A	1960
Mr. Bart H. Heijermans	Member of Management Board	1.01M	N/A	1966
Mr. Martijn L. D. Schuttevaer	Head of Investor Relations & Corp. Communications	N/A	N/A	N/A
Ms. F. E. Buijs	Head of Corp. Legal & Company Sec.	N/A	N/A	1969
C. A. Visser	Head of Corp. Devel.	N/A	N/A	N/A
Mr. J. den Hartog	Head of Personnel & Organization	N/A	N/A	N/A
Mr. M. J. Krijger	Head of Information & Communications Technology	N/A	N/A	N/A
Dr. A. C. Steenbrink	Head of R&D	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Royal Boskalis Westminster N.V. provides dredging, offshore energy, and maritime services worldwide. Its Dredging & Inland Infra segment constructs and maintains ports and waterways; and provides land reclamation, coastal defense, riverbank protection, and underwater rock fragmentation services. This segment also extracts raw materials; designs, prepares, and executes civil infra works, including the construction of roads and railroads, bridges, dams, viaducts, and tunnels; performs specialist works, such as soil improvement and land remediation; and operates as a contractor of dry infrastructure projects. The company's Offshore Energy segment is involved in the engineering, construction, maintenance, and decommissioning of oil and liquefied natural gas import/export facilities, offshore platforms, pipelines and cables, and offshore wind farms. This segment also offers heavy transport, lift and installation work, and diving and remotely operated vehicle services, as well as dredging, offshore pipeline and cable installation, rock installation, and marine activities and survey services. Its Towage & Salvage segment offers towage services to incoming and outgoing oceangoing vessels; and berthing and unberthing of tankers, pilotage, subsea inspection and maintenance, firefighting, and the coupling and uncoupling of terminal connections, as well as operates and manages onshore and offshore terminals. This segment also provides assistance to vessels in distress, shipwrecks or damaged offshore platforms removal, environmental care, and consultancy services. The company primarily serves oil, gas, and wind energy companies; port and terminal operators; governments; shipping and insurance companies; international project developers; and mining companies and related EPC contractors and subcontractors. It operates a fleet of approximately 600 vessels and floating equipment. The company was founded in 1910 and is headquartered in Papendrecht, the Netherlands.

Corporate governance

Royal Boskalis Westminster N.V.’s ISS governance QualityScore as of 1 May 2022 is 2. The pillar scores are Audit: 6; Board: 1; Shareholder rights: 6; Compensation: 4.

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 10 indicates higher governance risk.