Bradley J. Dodson is the President and CEO of Civeo Corporation, a company he has led since its spin-off from Oil States in 2014. With a Bachelor's degree in Business Administration from the University of Texas at Austin, Dodson has...
Bradley J. Dodson is the President and CEO of Civeo Corporation, a company he has led since its spin-off from Oil States in 2014. With a Bachelor's degree in Business Administration from the University of Texas at Austin, Dodson has built a career focused on management and operational efficiency. Under his leadership, Civeo faced tough market conditions but managed to maintain positive free cash flow while reducing corporate debt by 11%. His strategic decisions included restructuring efforts, which cut overhead costs significantly by reducing headcount by approximately 20% across divisions. In 2016, Dodson’s efforts led to impressive safety improvements, boasting a reduction in total recordable incident rates across all operating divisions. Despite the challenges, Dodson's compensation remained competitive, sticking to base salary and performance-based bonuses that align with the company’s goals. He even voluntarily reduced his salary during tough times. Dodson’s approach to balancing both short-term results and long-term growth has been crucial in navigating the company through the energy sector's ups and downs. Overall, he emphasizes disciplined capital management and commitment to safety in Civeo's operations.