TechnipFMC Management
Management criteria checks 3/4
TechnipFMC's CEO is Doug Pferdehirt, appointed in Jan 2017, has a tenure of 8.08 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 $56.92M. The average tenure of the management team and the board of directors is 4.1 years and 8.1 years respectively.
Key information
Doug Pferdehirt
Chief executive officer
US$17.1m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.1yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Are Investors Undervaluing TechnipFMC plc (NYSE:FTI) By 33%?
Jan 26
We Think TechnipFMC (NYSE:FTI) Can Manage Its Debt With Ease
Dec 14There May Be Underlying Issues With The Quality Of TechnipFMC's (NYSE:FTI) Earnings
Nov 01A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)
Oct 14Investors Continue Waiting On Sidelines For TechnipFMC plc (NYSE:FTI)
Sep 19TechnipFMC: Should You Buy The Dip?
Sep 16TechnipFMC: Delivering In Subsea Energy Technology And Backlog Conversion
Jul 31Does TechnipFMC (NYSE:FTI) Have A Healthy Balance Sheet?
Jun 26A Look At The Fair Value Of TechnipFMC plc (NYSE:FTI)
May 21TechnipFMC: Room To Stay Bullish With Shares Near A 5-Year High
Apr 09Take Care Before Diving Into The Deep End On TechnipFMC plc (NYSE:FTI)
Feb 19TechnipFMC: Right Place At The Right Time
Dec 27Despite Its Steep Rally, TechnipFMC Is Reasonably Valued
Oct 10TechnipFMC: Dividend Initiation Supports Bullish Outlook
Aug 03TechnipFMC: Optimistic About Subsea 2.0 Development
May 25TechnipFMC bags significant contract by TotalEnergies EP Angola for the first subsea life extension project
Feb 21TechnipFMC procures "large" iEPCI contract from Aker BP
Jan 31Strong Position In The Subsea Market Gives TechnipFMC An Edge
Jan 24TechnipFMC secures 'significant' contract by Wintershall Dea
Jan 11TechnipFMC: Show Me The Money
Dec 21TechnipFMC plc: Earnings Momentum Keeps It Interesting
Sep 29TechnipFMC wins 'significant' contract for Shell's Jackdaw project
Sep 22TechnipFMC: Deep Value Offshore
Jul 25TechnipFMC gets engineering & design study contract for Equinor's BM-C-33 Brazil project
Jul 05Miller Value Partners - TechnipFMC: Driving Efficiencies, Doubling Profits
May 04New Project Pipeline And Alliances Will Drive TechnipFMC
Dec 11TechnipFMC's Steady Orders And Cash Flow Growth Can Attract Investors
Sep 02CEO Compensation Analysis
| 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$2b |
Compensation vs Market: Doug's total compensation ($USD17.06M) is above average for companies of similar size in the US market ($USD12.46M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
CEO
Doug Pferdehirt (60 yo)
8.1yrs
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 |
|---|---|---|---|---|
| CEO & Executive Chairman | 8.1yrs | US$17.06m | 0.43% $ 56.9m | |
| Executive VP & CFO | 4.1yrs | US$4.52m | 0.0021% $ 276.3k | |
| Executive VP & CTO | 7.1yrs | US$3.97m | 0.066% $ 8.7m | |
| President of Surface Technologies | 3.1yrs | US$1.99m | 0.0070% $ 936.6k | |
| President of Subsea | 4.3yrs | US$3.17m | 0.0013% $ 170.1k | |
| Senior VP | 1.2yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 1.6yrs | no data | 0.0023% $ 301.6k | |
| Executive Vice President of People & Culture | no data | no data | 0.00098% $ 130.2k | |
| Executive VP & Senior Advisor | no data | no data | no data | |
| Executive Vice President of New Energy | 4.1yrs | no data | 0.011% $ 1.5m | |
| President of North Sea Canada | no data | no data | no data |
4.1yrs
Average Tenure
52.5yo
Average Age
Experienced Management: FTI's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 8.1yrs | US$17.06m | 0.43% $ 56.9m | |
| Independent Non-Executive Director | 8.1yrs | US$307.23k | 0.013% $ 1.7m | |
| Independent Director | 2yrs | US$297.07k | 0.0032% $ 422.5k | |
| Lead Independent Director | 8.1yrs | US$332.50k | 0.019% $ 2.5m | |
| Independent Non-Executive Director | 8.1yrs | US$312.23k | 0.0084% $ 1.1m | |
| Independent Non-Executive Director | 8.1yrs | US$294.73k | 0.0038% $ 500.9k | |
| Independent Director | 4.3yrs | US$287.23k | 0.015% $ 2.1m | |
| Independent Non-Executive Director | 5.7yrs | US$297.23k | 0.0047% $ 627.1k | |
| Independent Director | 3.8yrs | US$287.48k | 0.013% $ 1.8m |
8.1yrs
Average Tenure
65yo
Average Age
Experienced Board: FTI's board of directors are considered experienced (8.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:41 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TechnipFMC plc is covered by 77 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark van der Geest | ABN AMRO Bank N.V. |
| Marzio Foa | AlphaValue |
| Pierre-Yves Gauthier | AlphaValue |