Subsea 7 Management
Management criteria checks 3/4
Subsea 7's CEO is John Evans, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is $1.54M, comprised of 45.9% salary and 54.1% bonuses, including company stock and options. directly owns 0.036% of the company’s shares, worth NOK19.01M. The average tenure of the management team and the board of directors is 4.3 years and 6 years respectively.
Key information
John Evans
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 45.9% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Subsea 7 S.A.'s (OB:SUBC) Shares May Have Run Too Fast Too Soon
Apr 17
Some Investors May Be Willing To Look Past Subsea 7's (OB:SUBC) Soft Earnings
Mar 30Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 77% Above Its Share Price
Mar 22Earnings Miss: Subsea 7 S.A. Missed EPS By 80% And Analysts Are Revising Their Forecasts
Mar 04Subsea 7 (OB:SUBC) May Have Issues Allocating Its Capital
Feb 23Subsea 7 (OB:SUBC) Has A Pretty Healthy Balance Sheet
Jan 21Subsea 7 S.A.'s (OB:SUBC) P/E Still Appears To Be Reasonable
Jan 05Subsea 7 (OB:SUBC) Could Be Struggling To Allocate Capital
Nov 10Does Subsea 7 (OB:SUBC) Have A Healthy Balance Sheet?
Oct 23Is Subsea 7 S.A. (OB:SUBC) Trading At A 49% Discount?
Aug 23Be Wary Of Subsea 7 (OB:SUBC) And Its Returns On Capital
Aug 05Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Jul 18Subsea 7 S.A. (OB:SUBC) Shares Could Be 36% Below Their Intrinsic Value Estimate
May 10Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly
Apr 19Subsea 7 (OB:SUBC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 09Are Subsea 7 S.A. (OB:SUBC) Investors Paying Above The Intrinsic Value?
Jan 12Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Dec 16Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 97% Above Its Share Price
Sep 06Is Subsea 7 (OB:SUBC) Using Too Much Debt?
Aug 11Does Subsea 7 (OB:SUBC) Have A Healthy Balance Sheet?
May 06Industry Analysts Just Upgraded Their Subsea 7 S.A. (OB:SUBC) Revenue Forecasts By 11%
Mar 05Estimating The Intrinsic Value Of Subsea 7 S.A. (OB:SUBC)
Jan 26These 4 Measures Indicate That Subsea 7 (OB:SUBC) Is Using Debt Reasonably Well
Jan 04Is There An Opportunity With Subsea 7 S.A.'s (OB:SUBC) 23% Undervaluation?
Oct 24Is Subsea 7 (OB:SUBC) A Risky Investment?
Sep 25Is Subsea 7 S.A. (OB:SUBC) Trading At A 24% Discount?
Jul 05Subsea 7 (OB:SUBC) Has Debt But No Earnings; Should You Worry?
Jun 08Subsea 7 S.A.'s (OB:SUBC) Intrinsic Value Is Potentially 18% Below Its Share Price
Mar 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 above average for companies of similar size in the Norwegian market ($USD953.82K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Evans (60 yo)
4.3yrs
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 | 4.3yrs | US$1.54m | 0.036% $ 19.0m | |
| Chief Financial Officer | 2.3yrs | US$778.30k | no data | |
| Executive Vice President of Projects & Operations | 4.3yrs | no data | 0.0057% $ 3.0m | |
| Head of Investor Relations & Investor Relations Director | no data | no data | no data | |
| General Counsel | 12yrs | no data | 0.014% $ 7.2m | |
| Executive Vice President of Human Resources | 4.6yrs | no data | 0.0044% $ 2.3m | |
| Executive Vice President of Subsea & Conventional | 4.3yrs | no data | 0.0090% $ 4.7m | |
| MD of Seaway 7 Integrated Projects & Floating Wind Business Unit | no data | no data | no data | |
| Executive Vice President of Strategy & Sustainability | 2yrs | no data | 0.0019% $ 977.3k | |
| Chief Executive Officer of Seaway7 | 1.3yrs | no data | 0.012% $ 6.3m |
4.3yrs
Average Tenure
54yo
Average Age
Experienced Management: SUBC's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Director | 15.9yrs | US$115.00k | 0.066% $ 34.6m | |
| Senior Independent Director | 6yrs | US$136.00k | 0.0050% $ 2.6m | |
| Chairman | 13.3yrs | US$215.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | US$121.68k | 0.0023% $ 1.2m | |
| Independent Non-Executive Director | less than a year | US$78.81k | 0.00028% $ 146.3k | |
| Independent Non-Executive Director | 6yrs | US$115.00k | no data | |
| Non-Executive Director | 2.8yrs | US$105.00k | no data |
6.0yrs
Average Tenure
66yo
Average Age
Experienced Board: SUBC's board of directors are considered experienced (6 years average tenure).