Core Viewpoint - Subsea7 announces the retirement of CEO John Evans effective June 30, 2026, with Stuart Fitzgerald set to succeed him on July 1, 2026, highlighting a leadership transition within the company [1][2]. Leadership Transition - John Evans has been with Subsea7 and its predecessor companies for 40 years, serving as COO for 14 years and CEO since 2020 [1]. - Stuart Fitzgerald, currently CEO of Seaway7 since 2022, has been with Subsea7 since 1998 and has held various senior management roles, including EVP Commercial and EVP Strategy and Alliances [2]. - The Board expresses gratitude for John Evans' leadership and contributions, while showing confidence in Stuart Fitzgerald's ability to lead the company through upcoming challenges, including a merger with Saipem [3]. Company Overview - Subsea7 is recognized as a global leader in delivering offshore projects and services for the energy industry, focusing on creating sustainable value and efficient offshore solutions [4].
Subsea7 announces CEO succession
Globenewswire·2026-03-03 20:39