Subsea 7 Management
Management criteria checks 4/4
Subsea 7's CEO is John Evans, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $1.54M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth €1.77M. The average tenure of the management team and the board of directors is 4.8 years and 6.6 years respectively.
Key information
John Evans
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 45.9% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.8yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$103m |
| Mar 31 2024 | n/a | n/a | US$62m |
| Dec 31 2023 | US$2m | US$708k | US$15m |
| Sep 30 2023 | n/a | n/a | US$60m |
| Jun 30 2023 | n/a | n/a | US$29m |
| Mar 31 2023 | n/a | n/a | US$52m |
| Dec 31 2022 | US$1m | US$656k | US$57m |
| Sep 30 2022 | n/a | n/a | US$27m |
| Jun 30 2022 | n/a | n/a | US$68m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$1m | US$689k | US$32m |
| Sep 30 2021 | n/a | n/a | -US$68m |
| Jun 30 2021 | n/a | n/a | -US$154m |
| Mar 31 2021 | n/a | n/a | -US$1b |
| Dec 31 2020 | US$791k | US$568k | -US$1b |
Compensation vs Market: John's total compensation ($USD1.54M) is below average for companies of similar size in the German market ($USD3.30M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Evans (61 yo)
4.8yrs
Tenure
US$1,541,500
Compensation
Mr. John Evans serves as Director at Seaway 7 ASA since October 01, 2021. He has been Chief Executive Officer of Subsea 7 SA since January 1, 2020 and served as its Chief Operating Officer since July 2005...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.8yrs | US$1.54m | 0.039% € 1.8m | |
| Chief Financial Officer | 2.8yrs | US$778.30k | 0.0014% € 62.3k | |
| Executive Vice President of Projects & Operations | 4.8yrs | no data | 0.0077% € 344.9k | |
| Head of Investor Relations & Investor Relations Director | no data | no data | no data | |
| General Counsel | 12.6yrs | no data | 0.0097% € 433.2k | |
| Executive Vice President of Human Resources | 5.2yrs | no data | 0.0085% € 382.1k | |
| Executive Vice President of Subsea & Conventional | 4.8yrs | no data | 0.0088% € 395.1k | |
| MD of Seaway 7 Integrated Projects & Floating Wind Business Unit | no data | no data | no data | |
| Executive Vice President of Strategy & Sustainability | 2.6yrs | no data | 0.0031% € 139.0k | |
| Chief Executive Officer of Seaway7 | 1.8yrs | no data | 0.014% € 623.9k |
4.8yrs
Average Tenure
55yo
Average Age
Experienced Management: SOCA's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Director | 16.5yrs | US$115.00k | 0.031% € 1.4m | |
| Senior Independent Director | 6.6yrs | US$136.00k | 0.0051% € 226.9k | |
| Chairman | 13.8yrs | US$215.00k | no data | |
| Independent Non-Executive Director | 3.4yrs | US$121.68k | 0.0024% € 105.8k | |
| Independent Non-Executive Director | 1.6yrs | US$78.81k | 0.00028% € 12.6k | |
| Independent Non-Executive Director | 6.6yrs | US$115.00k | no data | |
| Non-Executive Director | 3.4yrs | US$105.00k | no data |
6.6yrs
Average Tenure
67yo
Average Age
Experienced Board: SOCA's board of directors are considered experienced (6.6 years average tenure).