Civeo (CVEO) executive compensation, 2026 proxy

Bradley J. Dodson, President and Chief Executive Officer, was paid $3.8M in 2025, down 3% from $3.9M the year before. The CEO-to-median-employee pay ratio was 66:1, on median employee pay of $56,805.

Filed
April 13, 2026
Annual meeting
May 27, 2026
Pay year
2025
Named executives
4
CEO total pay
$3.8M-3% vs prior year
CEO to median employee
66:1median $56,805
CEO pay in equity
68%$2.6M in awards
Prior say-on-pay support
96%of votes cast
CEO Total Compensation
$3,775,348For fiscal 2025
CEO to Median Pay Ratio
66:1Based on median employee pay of $56,805
Say-on-Pay Support
95.7%At 2025 annual meeting
Adjusted EBITDA
$88 million10% increase year-over-year

How Dodson was paid

$3.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary20%Stock awards68%Non-equity incentive12%All other compensation1%

Named executive officers

ExecutiveTotal
Bradley J. DodsonPresident and Chief Executive Officer$3,775,348
E. Collin GerrySenior Vice President, Chief Financial Officer and Treasurer$1,122,786
Andrew S. FraserSenior Vice President, Canada$1,015,582
Peter L. McCannSenior Vice President, Australia$1,015,803

What changed and why

  • $3.8MCEO total compensation decreased to $3,775,348 in 2025 compared to $3,887,328 in 2024.
  • $88MAdjusted EBITDA increased 10% year-over-year to $88 million, driven by strong growth in Australia.
  • 52%Management engaged with shareholders representing over 52% of outstanding shares during 2025.
  • Performance share awards are capped at target if absolute TSR is negative over the period.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.