Erik Staffeldt is the Chief Financial Officer at Helix Energy Solutions Group, a company known for its offshore energy services. He started at Helix in 2009 and has climbed the ranks to CFO since 2017. Before his current role, he...

Current Market Cap

$1.71B

Number of Employees

2.53K

Total Compensation

2018 - 2022

Trending up by 29.20% last year
Showing total compensation for the last 2018 - 2022

Stock

Down by -52.18% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$1.31M

Salary

$440.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, emphasizing performance-based pay and long-term value creation.

Bonus

$585.20K

Board Justification

The short-term incentive (STI) payout was based on achieving Adjusted EBITDA targets, with a payout at 133% of target due to exceeding the Board-approved budget for 2022.

Other

$7.63K

Board Justification

This amount includes Helix's contributions to the 401(k) plan for the year 2022.

Restricted Stock

$272.80K(87.44K RSU)

Board Justification

The stock awards that vested in 2022 included restricted stock units (RSUs) that vest ratably over three years, with a total of 87,437 shares vesting in 2022.

Performance Metrics

The primary performance metric for the short-term incentive was Adjusted EBITDA, while long-term incentives were tied to total shareholder return and free cash flow generation.

SEC Filing

From April 5, 2023