Subsea 7 Management
Management criteria checks 4/4
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 $1.79M. 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
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD8.28M).
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% $ 1.8m | |
| Chief Financial Officer | 2.3yrs | US$778.30k | no data | |
| Executive Vice President of Projects & Operations | 4.3yrs | no data | 0.0057% $ 278.4k | |
| Head of Investor Relations & Investor Relations Director | no data | no data | no data | |
| General Counsel | 12yrs | no data | 0.014% $ 678.0k | |
| Executive Vice President of Human Resources | 4.6yrs | no data | 0.0044% $ 217.0k | |
| Executive Vice President of Subsea & Conventional | 4.3yrs | no data | 0.0090% $ 442.8k | |
| 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% $ 91.8k | |
| Chief Executive Officer of Seaway7 | 1.3yrs | no data | 0.012% $ 592.1k |
4.3yrs
Average Tenure
54yo
Average Age
Experienced Management: SUBC.Y'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% $ 3.2m | |
| Senior Independent Director | 6yrs | US$136.00k | 0.0050% $ 246.0k | |
| Chairman | 13.3yrs | US$215.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | US$121.68k | 0.0023% $ 114.9k | |
| Independent Non-Executive Director | less than a year | US$78.81k | 0.00028% $ 13.7k | |
| 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.Y's board of directors are considered experienced (6 years average tenure).