Board of Directors

Kristian Siem,
Chairman

Mr Siem brings an extensive knowledge of the offshore oil and gas services business worldwide from previous senior executive and non-executive roles combined with long-standing experience as chairman of public companies listed in the USA, UK and Norway. Mr Siem is the founder of the Siem Industries Group and has been Director and Chairman of Siem Industries since 1982. Prior to joining the Group, he held several management positions with the Fred. Olsen Group in the US and Norway. Mr Siem has previously held directorships at Kvaerner ASA and Transocean Inc. He holds a degree in Business Economics.

Date of appointment:
Appointed Director and Chairman from January 2011. Prior to the merger of Acergy S.A. and Subsea 7 Inc. in January 2011 Mr Siem was Chairman of Subsea 7 Inc. from January 2002.

Committee Membership:
Chairman of Compensation Committee
Corporate Governance and Nominations Committee

Key external appointments:
Chairman of Siem Industries Inc. Director of Siem Offshore Inc., Siem Shipping Inc. (formerly Star Reefers Inc.) and Frupor S.A.
  

Nationality and date of birth:
1949

Tenure:
Re-elected by shareholders on 17 April 2019 and expiring at the 2021 AGM.

Independent: No

Jean Cahuzac,
Director

Mr Cahuzac brings multi-country technical, commercial and general management experience in senior executive roles in the oil and gas services sector spanning a period of 40 years. He worked at Transocean in Houston, USA, from 2000 until April 2008 where he held the positions of Chief Operating Officer and then President. Prior to this, he worked at Schlumberger from 1979 to 1999 where he served in various field management positions and then as SedcoForex president. He holds a Master’s degree in Engineering from École des Mines de St-Étienne and is a graduate of the French Petroleum Institute in Paris.

Date of appointment:
Jean was appointed Chief Executive Officer of Subsea 7 in April 2008 and became an Executive member of the Board of Subsea 7 S.A. in May 2008.  He stepped down as Chief Executive Officer of Subsea 7 at the end of 2019 but remains a member of the Board of Subsea 7 S.A. as a Director, from January 2020.
  

Nationality and date of birth:
1954

Tenure:
Re-elected by shareholders on 17 April 2018 and expiring at the 2020 AGM.

Independent: No

Eystein Eriksrud, 
Director 

Mr Eriksrud brings to his role extensive legal expertise in commercial and corporate affairs combined with senior executive experience in the offshore energy and shipping industries. He was previously a partner of Norwegian law firm Wiersholm Mellbye & Bech, from 2005 to 2011. He was  Deputy Chief Executive Officer of the Siem Industries Group from 2011 to 2019 and held a number of Directorships within the Siem Industries Group. He is a Candidate of Jurisprudence from the University of Oslo.

Date of appointment:
Appointed a Non-Executive Director from March 2012.

Committee membership:
Audit Committee

Key external appointments:
Partner at RO Sommernes Advokatfirma DA.  

Nationality and date of birth:
1970

Tenure:
Re-elected by shareholders on 17 April 2018 and expiring at the 2020 AGM.

Independent: No

Dod Fraser,
Independent Director

Mr Fraser brings comprehensive experience in corporate finance and investment banking both internationally and in the United States. This is supplemented by extensive knowledge of corporate governance in his current and prior appointments as audit committee member. Mr Fraser served as a Managing Director and Group Executive with Chase Manhattan Bank, now JP Morgan Chase, leading the global oil and gas group from 1995 until 2000. Until 1995 he was a General Partner of Lazard Frères & Co. Mr Fraser has been a trustee of Resources for the Future, a Washington-based environmental policy think-tank. He is a graduate of Princeton University.

Date of appointment:
Appointed a Non-Executive Independent Director from December 2009 (then named Acergy S.A.).

Committee membership:
Chairman of Audit Committee

Key external appointments:
Director of Rayonier Inc.
Director of Fleet Topco Limited.
  

Nationality and date of birth:
1950

Tenure:
Re-elected by shareholders on 17 April 2019 and expiring at the 2021 AGM.

Independent: Yes

Niels Kirk,
Independent Director

Mr Kirk brings to the role over 30 years of international corporate and structured finance experience combined with extensive knowledge of the energy, power and resource sector at executive level. He worked at Citibank for over 25 years where his most recent appointment was Chairman & Managing Director of Energy & Natural Resources in Europe, the Middle East and Africa until 2018. Prior to Citibank, he worked at Banque Paribas for five years. Mr Kirk is a member of the Advisory Council of Advanced Power, which develops, acquires, owns and manages power generation and related infrastructure projects in Europe and North America. He holds an MBA in Finance and International Business from the Stern School at New York University.

Date of appointment:
Appointed a Non-Executive Independent Director from April 2018.

Committee membership:
Compensation Committee
Audit Committee

Key external appointments:
Co-founder and CEO of Kirk, Lovegrove and Company Ltd.
  

Nationality and date of birth:
1962

Tenure:
Elected by shareholders on 17 April 2018 and expiring at the 2020 AGM.

Independent: Yes

Elisabeth Proust
Independent Director 

Ms Proust, in addition to her engineering expertise, brings extensive multi-country experience in the oil & gas sector at an executive level after spending more than 35 years at Total. Ms Proust has a detailed knowledge of contracting and project management in the oil and gas sector, providing her with a comprehensive understanding of Subsea 7’s markets.  Ms Proust was the first female vice president for development engineering for Total worldwide and, as her career progressed, she held multiple leadership roles as a managing director of Total’s affiliates in Indonesia, Nigeria and finally, the UK. Ms Proust has a Bachelor of Applied Science degree in hydrodynamics from Ecole Centrale de Nantes as well as a Diploma in drilling, reservoir and production engineering from the French Institute of Petroleum.

Date of appointment:
Appointed a Non-Executive Independent Director from April 2019.

Nationality and date of birth:
1957

Tenure:
Elected by shareholders on 17 April 2019 and expiring at the 2021 AGM.

Independent: Yes