CGG Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sophie Zurquiyah-Rousset

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage	36.5%
CEO tenure	6.1yrs
CEO ownership	0.04%
Management average tenure	no data
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sophie Zurquiyah-Rousset's remuneration changed compared to CGG's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$2m	US$751k	US$600k
Sep 30 2023	n/a	n/a	US$74m
Jun 30 2023	n/a	n/a	US$66m
Mar 31 2023	n/a	n/a	US$48m
Dec 31 2022	US$2m	US$729k	US$48m
Sep 30 2022	n/a	n/a	-US$27m
Jun 30 2022	n/a	n/a	-US$40m
Mar 31 2022	n/a	n/a	-US$99m
Dec 31 2021	US$2m	US$717k	-US$182m
Sep 30 2021	n/a	n/a	-US$273m
Jun 30 2021	n/a	n/a	-US$347m
Mar 31 2021	n/a	n/a	-US$438m
Dec 31 2020	US$2m	US$770k	-US$412m
Sep 30 2020	n/a	n/a	-US$232m
Jun 30 2020	n/a	n/a	-US$82m
Mar 31 2020	n/a	n/a	US$65m
Dec 31 2019	US$2m	US$707k	US$119m
Sep 30 2019	n/a	n/a	-US$247m
Jun 30 2019	n/a	n/a	-US$279m
Mar 31 2019	n/a	n/a	-US$227m
Dec 31 2018	US$3m	US$655k	US$498m

Compensation vs Market: Sophie's total compensation ($USD2.06M) is above average for companies of similar size in the UK market ($USD1.04M).

Compensation vs Earnings: Sophie's compensation has been consistent with company performance over the past year.

CEO

Sophie Zurquiyah-Rousset (57 yo)

6.1yrs

Tenure

US$2,058,621

Compensation

Mrs. Sophie Zurquiyah-Rousset has been Independent Director at TechnipFMC plc since April 1, 2021. She has been Chief Executive Officer and Director of CGG SA since April 26, 2018. Mrs. Zurquiyah-Rousset s...

Board Members

Name	Position	Tenure	Compensation	Ownership
Sophie Zurquiyah-Rousset	CEO & Director	6.1yrs	US$2.06m	0.043% $ 121.6k
Philippe Salle	Independent Chairman of the Board	6.2yrs	US$264.96k	0.040% $ 112.8k
Colette Lewiner	Independent Director	6.2yrs	US$82.58k	0.0070% $ 19.9k
Heidi Petersen	Independent Director	6.2yrs	US$70.99k	0.0028% $ 7.9k
Michael Daly	Independent Director	8.7yrs	US$68.23k	0.0028% $ 7.9k
Mario Ruscev	Independent Director	6.2yrs	US$78.71k	0.0028% $ 8.0k
Anne-France Laclide-Drouin	Independent Director	6.6yrs	US$79.82k	0.0029% $ 8.1k
Helen Bouygues	Independent Director	6.2yrs	US$78.16k	0.0028% $ 7.9k
Patrick Choupin	Employee Representative Director	3yrs	no data	no data

6.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 0RI9's board of directors are considered experienced (6.2 years average tenure).

CGG Management

Management criteria checks 2/4

Key information

Recent management updates

CGG, Annual General Meeting, May 15, 2024

CGG, Annual General Meeting, May 04, 2023

Insufficient new directors

CGG Approves Committee Changes

Insufficient new directors

Recent updates

CGG, Annual General Meeting, May 15, 2024

CGG to Report Q2, 2024 Results on Jul 30, 2024

Full year 2023 earnings released: EPS: US$0.001 (vs US$0.067 in FY 2022)

CGG Adds New Southeast Asia Carbon Storage Study to Growing CCUS Library

The Industrialization & Energy Services Company signed a definitive agreement to acquire the remaining 49% stake in Arabian Geophysical & Surveying Co., Ltd. from CGG (ENXTPA:CGG).

The Industrialization & Energy Services Company signed an definitive agreement to acquire the remaining 49% stake in Arabian Geophysical & Surveying Co., Ltd. from CGG (ENXTPA:CGG).

CGG to Report Q3, 2024 Results on Oct 31, 2024

Third quarter 2023 earnings released: EPS: US$0.01 (vs US$0.001 loss in 3Q 2022)

CGG to Report Q4, 2023 Results on Mar 06, 2024

CGG to Report Q4, 2023 Results on Mar 06, 2024

Second quarter 2023 earnings released: EPS: US$0.059 (vs US$0.02 in 2Q 2022)

CGG, Annual General Meeting, May 04, 2023

First quarter 2023 earnings released: US$0.02 loss per share (vs US$0.017 loss in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: EPS: US$0.067 (vs US$0.26 loss in FY 2021)

CGG Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

CGG and TGS Announce Foz do Amazonas Phase II 3D Multi-Client Survey Offshore Brazil

CGG to Report Q3, 2023 Results on Nov 06, 2023

CGG Announces New Integrated Multi-Client Data Project in Southeast Arizona to Support Mining Industry

Third quarter 2022 earnings released: US$0.001 loss per share (vs US$0.019 loss in 3Q 2021)

CGG Provides Earnings Guidance for the Full Year 2022

CGG to Report Q4, 2022 Results on Mar 02, 2023

Second quarter 2022 earnings released: EPS: US$0.022 (vs US$0.062 loss in 2Q 2021)

Now 22% undervalued

CGG Approves Committee Changes

First quarter 2022 earnings released: US$0.017 loss per share (vs US$0.14 loss in 1Q 2021)

Insufficient new directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CGG Provides Revenue Guidance for the Year 2022

CGG Confirms 2022 Phase Three of Northern Viking Graben Dual-Azimuth Multi-Client Survey

CGG Provides Revenue Guidance for the Fourth Quarter and Full Year 2021

Oasis Group and Access Corp. acquired Physical Asset Storage and Services of Smart Data Solutions business of CGG (ENXTPA:CGG).

CGG Delivers New Multi-Client Screening Study for CO2 Storage Sites in UK and Norway Northern North Sea

Third quarter 2021 earnings released: US$0.019 loss per share (vs US$0.12 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.062 loss per share (vs US$0.19 loss in 2Q 2020)

Xcalibur Airborne Geophysics Group completed the acquisition of Multi-Physics Business from CGG (ENXTPA:CGG).

First quarter 2021 earnings released: US$0.14 loss per share (vs US$0.10 loss in 1Q 2020)

CGG Launches Seascope as Part of Expanding Environmental Monitoring Portfolio

Revenue beats expectations

Full year 2020 earnings released: US$0.53 loss per share (vs US$0.17 profit in FY 2019)

New 90-day high: €1.01

CGG (ENXTPA:CGG) agreed to acquire additional 3.34% stake in Shearwater Geoservices Holding AS from Eidesvik Offshore ASA (OB:EIOF) for $30 million.

CGG to Report Q4, 2020 Results on Mar 05, 2021

CGG, PGS and TGS Announce Strategic Partnership for Shared Multi-Client Data Offerings

New 90-day high: €0.88

Third quarter 2020 earnings released: US$0.12 loss per share

Revenue beats expectations

New 90-day low: €0.51

CGG to Report Q3, 2020 Results on Nov 05, 2020

CGG Commences Second Phase of OBN Multi-Client Survey in UK CNS

CGG’s Fast-Track Data from Basin-Wide Gippsland 3D Survey Supports Australia’s Acreage Release

New 90-day low: €0.62

Xcalibur Airborne Geophysics Group entered into sale and purchase agreement to acquire Multi-Physics Business from CGG (ENXTPA:CGG).

Fugro N.V. (ENXTAM:FUR) completed the acquisition of remaining 40% stake in Seabed Geosolutions BV from CGG (ENXTPA:CGG).

CGG to Report Q2, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age