TechnipFMC Management

Management criteria checks 3/4

TechnipFMC's CEO is Doug Pferdehirt, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $17.06M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth €53.96M. The average tenure of the management team and the board of directors is 3.8 years and 7.8 years respectively.

Key information

Doug Pferdehirt

Chief executive officer

US$17.1m

Total compensation

CEO salary percentage	7.8%
CEO tenure	7.8yrs
CEO ownership	0.4%
Management average tenure	3.8yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Doug Pferdehirt's remuneration changed compared to TechnipFMC's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$638m
Jun 30 2024	n/a	n/a	US$453m
Mar 31 2024	n/a	n/a	US$180m
Dec 31 2023	US$17m	US$1m	US$23m
Sep 30 2023	n/a	n/a	-US$72m
Jun 30 2023	n/a	n/a	-US$157m
Mar 31 2023	n/a	n/a	-US$68m
Dec 31 2022	US$13m	US$1m	-US$110m
Sep 30 2022	n/a	n/a	-US$162m
Jun 30 2022	n/a	n/a	-US$208m
Mar 31 2022	n/a	n/a	-US$385m
Dec 31 2021	US$22m	US$1m	US$88m
Sep 30 2021	n/a	n/a	US$140m
Jun 30 2021	n/a	n/a	US$115m
Mar 31 2021	n/a	n/a	US$113m
Dec 31 2020	US$13m	US$989k	-US$4b
Sep 30 2020	n/a	n/a	-US$6b
Jun 30 2020	n/a	n/a	-US$6b
Mar 31 2020	n/a	n/a	-US$6b
Dec 31 2019	US$15m	US$1m	-US$3b
Sep 30 2019	n/a	n/a	-US$2b
Jun 30 2019	n/a	n/a	-US$2b
Mar 31 2019	n/a	n/a	-US$2b
Dec 31 2018	US$13m	US$1m	-US$2b
Sep 30 2018	n/a	n/a	US$184m
Jun 30 2018	n/a	n/a	US$168m
Mar 31 2018	n/a	n/a	US$227m
Dec 31 2017	US$13m	US$1m	US$113m

Compensation vs Market: Doug's total compensation ($USD17.06M) is above average for companies of similar size in the UK market ($USD5.66M).

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

CEO

Doug Pferdehirt (60 yo)

7.8yrs

Tenure

US$17,062,495

Compensation

Mr. Douglas J. Pferdehirt, also known as Doug, has been Chief Executive Officer of TechnipFMC plc since January 11, 2017 and is its Executive Chairman of the Board since May 1, 2019. Mr. Pferdehirt has bee...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Douglas Pferdehirt	CEO & Executive Chairman	7.8yrs	US$17.06m	0.43% € 54.0m
Alf Melin	Executive VP & CFO	3.8yrs	US$4.52m	0.0021% € 262.0k
Justin Rounce	Executive VP & CTO	6.8yrs	US$3.97m	0.066% € 8.3m
Thierry Conti	President of Surface Technologies	2.8yrs	US$1.99m	0.0070% € 887.9k
Jonathan Landes	President of Subsea	4.1yrs	US$3.17m	0.0054% € 676.3k
David Light	Senior VP	less than a year	no data	no data
Matt Seinsheimer	Vice President of Investor Relations	no data	no data	no data
Cristina Aalders	Executive VP	1.3yrs	no data	0.0023% € 285.9k
Nicola Cameron	Vice President of Corporate Communications	no data	no data	no data
Valeria dos Santos Iannone	Executive Vice President of People & Culture	no data	no data	0.00098% € 123.4k
Tore Halvorsen	Executive VP & Senior Advisor	no data	no data	no data
Luana Duffe	Executive Vice President of New Energy	3.8yrs	no data	0.011% € 1.4m

3.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 0RMV's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Douglas Pferdehirt	CEO & Executive Chairman	7.8yrs	US$17.06m	0.43% € 54.0m
John C. O'Leary	Independent Non-Executive Director	7.8yrs	US$307.23k	0.013% € 1.6m
Robert Gwin	Independent Director	1.8yrs	US$297.07k	0.0032% € 400.5k
Claire Farley	Lead Independent Director	7.8yrs	US$332.50k	0.019% € 2.4m
Kay Priestly	Independent Non-Executive Director	7.8yrs	US$312.23k	0.0084% € 1.1m
Eleazar de Carvalho Filho	Independent Non-Executive Director	7.8yrs	US$294.73k	0.0038% € 474.8k
Margareth Ovrum	Independent Director	4.1yrs	US$287.23k	0.015% € 1.9m
John Yearwood	Independent Non-Executive Director	5.4yrs	US$297.23k	0.0047% € 594.5k
Sophie Zurquiyah-Rousset	Independent Director	3.6yrs	US$287.48k	0.013% € 1.7m

7.8yrs

Average Tenure

65yo

Average Age

Experienced Board: 0RMV's board of directors are considered experienced (7.8 years average tenure).

TechnipFMC Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

TechnipFMC plc, Annual General Meeting, Apr 26, 2024

TechnipFMC plc Announces Executive Changes

TechnipFMC plc Announces Executive Changes

TechnipFMC plc Announces Board Changes

Barry Glickman to No Longer Serve as President of Surface of TechnipFMC

Recent updates

Upcoming dividend of US$0.05 per share

Third quarter dividend of US$0.05 announced

TechnipFMC plc Declares Quarterly Dividend, Payable on December 4, 2024

Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.21 in 3Q 2023)

TechnipFMC plc Provides Earnings Guidance for the Full Year 2024

TechnipFMC plc to Report Q3, 2024 Results on Oct 24, 2024

Now 22% undervalued

Upcoming dividend of US$0.05 per share

Second quarter dividend of US$0.05 announced

Second quarter 2024 earnings released: EPS: US$0.43 (vs US$0.20 loss in 2Q 2023)

TechnipFMC plc Declares Quarterly Dividend, Payable on September 4, 2024

TechnipFMC plc to Report Q2, 2024 Results on Jul 25, 2024

Upcoming dividend of US$0.05 per share

Insufficient new directors

First quarter 2024 earnings released: EPS: US$0.36 (vs US$0.001 in 1Q 2023)

TechnipFMC plc Declares Quarterly Cash Dividend, Payable on June 5, 2024

OEP Capital Advisors, L.P. completed the acquisition of Measurement Solutions business from TechnipFMC plc (NYSE:FTI).

TechnipFMC plc to Report Q1, 2024 Results on Apr 25, 2024

TechnipFMC plc, Annual General Meeting, Apr 26, 2024

Upcoming dividend of US$0.05 per share

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: US$0.13 (vs US$0.14 loss in FY 2022)

TechnipFMC Declares Quarterly Cash Dividend, Payable on April 3, 2024

TechnipFMC plc to Report Q4, 2023 Results on Feb 22, 2024

TechnipFMC plc Announces Executive Changes

OEP Capital Advisors, L.P. signed an agreement to acquire Measurement Solutions business from TechnipFMC plc (NYSE:FTI) for approximately $210 million.

OEP Capital Advisors, L.P. signed an agreement to acquire Measurement Solutions business from TechnipFMC plc (NYSE:FTI) for approximately $210 million.

TechnipFMC plc Provides Earnings Guidance for the Full Year 2023

TechnipFMC plc Declares Quarterly Dividend, Payable on December 6, 2023

TechnipFMC plc to Report Q3, 2023 Results on Oct 26, 2023

TechnipFMC plc Announces Executive Changes

TechnipFMC plc Announces Initiation of Quarterly Dividend, Payable on or Shortly After September 6, 2023

TechnipFMC plc to Report Q2, 2023 Results on Jul 27, 2023

TechnipFMC plc Announces Board Changes

TechnipFMC plc to Report Q4, 2022 Results on Feb 23, 2023

TechnipFMC plc to Report Q3, 2022 Results on Oct 26, 2022

TechnipFMC plc (NYSE:FTI) announces an Equity Buyback for 14% of its issued share capital, for $400 million.

TechnipFMC plc to Report Q2, 2022 Results on Jul 27, 2022

TechnipFMC Awarded Significant Contract by Equinor for Halten East Development

An unknown buyer acquired unknown minority stake in Technip Energies N.V. (ENXTPA:TE) from TechnipFMC plc (NYSE:FTI).

Barry Glickman to No Longer Serve as President of Surface of TechnipFMC

TechnipFMC Announces Completion of Delisting of Shares on Euronext Paris

TechnipFMC plc(ENXTPA:FTI) dropped from CAC All-Tradable Index

Bpifrance Participations SA entered into a share purchase agreement to acquire an additional 2% minority stake in Technip Energies N.V. (ENXTPA:TE) from TechnipFMC plc (NYSE:FTI) for €47.3 million.

TechnipFMC Announces Voluntary Delisting from Euronext Paris

Third quarter 2021 earnings released: US$0.09 loss per share (vs US$0.009 loss in 3Q 2020)

HAL Investments B.V. agreed to acquire 9.9% stake of Technip Energies N.V. (ENXTPA:TE) from TechnipFMC plc (NYSE:FTI) for approximately €200 million.

Second quarter 2021 earnings released: US$0.39 loss per share (vs US$0.026 profit in 2Q 2020)

Edp, Technipfmc and Partners Join Forces to Develop A Concept Study for Green Hydrogen Production from Offshore Wind Power

Investor sentiment improved over the past week

TechnipFMC plc Provides Revenue Guidance for the Year of 2021

TechnipFMC Names Sophie Zurquiyah to Board of Directors

TechnipFMC plc announced delayed annual 10-K filing

Full year 2020 earnings released: US$7.33 loss per share (vs US$5.39 loss in FY 2019)

Revenue beats expectations

TechnipFMC Receives Integrated EPCI Letter of Award for Energean’s Karish North Development in Israel

NIpetco and PetroAmriya Award Contract to TechnipFMC for the Development of North EI Amriya and North Idku

Independent Non-Executive Director has left the company

New 90-day low: €6.43

TechnipFMC plc (NYSE:FTI) completed the Spin-Off of Technip Energies B.V. (ENXTPA:TE).

President of Technip Energies Arnaud Pieton has left the company

Independent Non-Executive Director has left the company

Technip Energies and Chiyoda Awards Major LNG Contract for the North Field East Project in Qatar

Executive VP & CFO has left the company

TechnipFMC plc Announces Executive Changes

New 90-day high: €8.39

New 90-day high: €8.13

TechnipFMC Commences Work on the New Hydrocracking Complex in Egypt for Assiut National Oil Processing Company

TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG’s and IEnova’s Energía Costa Azul LNG Facility