Executive Management News

(Photo: Oceaneering)

Oceaneering Execs Agree to Pay Cuts

Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the move was consistent with its commitment to cost reductions during the ongoing public health and energy market crises.Chief Executive Roderick A. Larson's base salary will be reduced by 15%. Base salaries for executive level management, including the Executive Leadership Team and Senior Vice Presidents, will be reduced by 10%, and base salaries for other senior

(Photo: Harvey Gulf International Marine)

Harvey Gulf Hires Dunn as Subsea VP

Harvey Gulf International Marine announced it has hired John Dunn as Vice President of Subsea Vessel Operations, as the US-based services firm looks to grow its subsea business.Dunn, formerly of Oceaneering, has been hired as a member of Harvey Gulf's executive management team to assemble and manage Harvey Gulf’s subsea vessels, team and operations.Prior to Oceaneering, Dunn was the director of operations at Meridian Ocean Services, a subsea service provider acquired by Oceaneering in 2016. He is also an unlimited USCG chief engineer and worked for Chevron Shipping’s tanker and floating

(Photo: Subsea 7)

Subsea 7 Confirms Executive Management Changes

Offsore services firm Subsea 7 on Thursday announced changes to its executive management team, including the appointment of a new Chief Executive Officer and three Executive Vice Presidents, effective from January 1, 2020.John Evans is now in place as Chief Executive Officer, succeeding Jean Cahuzac who retired at the end of 2019. Evans remains on the Board of the Company as a Non-Executive Director.Bringing to the role more than 30 years’ experience in the global offshore energy services industry, Evans was most recently Chief Operating Office for Subsea 7 from 2005 to 2019.Other changes to the

Pharos Offshore’s latest addition to its rental fleet, the Q1000 high-powered jet-trenching ROV (Photo: Pharos Offshore)

Pharos Adds Jet-Trenching ROV

with the large collation of orders the company has confirmed in recent months, they are further expanding personnel levels within the operations, technological and commercial departments of the company, adding to the recruitment drive already completed in 2018.CEO Phil Walker has also expanded the executive management team, which now has over 100 years of collective experience across the subsea installation and burial industries

Alexander Kara is the new CEO at NKT (Photo: NKT)

NKT Names Kara CEO

in Central and Southern Europe. Prior to that, he has held several key positions at ABB from 1987. From 2012 to 2014, he was head of ABB’s global power cables business in Karlskrona, Sweden, now owned by NKT.When Kara joins NKT, he and CFO Roland M. Andersen will constitute the NKT A/S executive management team. Until then, Andersen will continue as interim CEO

Christiaan Vermeijden (Photo: Gardline)

Gardline Names Vermeijden CEO

. Vermeijden will replace Gardline's current interim CEO, Gerben Eggink.Vermeijden joins the U.K. based Royal Boskalis Westminster N.V. subsidiary after leaving his position as CEO at Norway-based Electromagnetic Geoservices ASA (EMGS). Prior to his role with EMGS, he was part of the Executive Management Team and Global Offshore Geotechnical Director at Fugro N.V.He holds a Master of Science (MSc) degree in Physical Geography from the University of Amsterdam and a Master of Business Administration (MBA) from the Rotterdam School of Management."We’re seeing the green shoots of a

Andy Warder (Photo: Pharos Offshore)

Pharos Offshore Names Warder COO

Pharos Offshore announced Andy Warder has joined the team as Chief Operations Officer with immediate effect.   Warder joins Pharos with over 25 years’ experience in the offshore industry holding senior and executive management positions with a track record of successfully growing his business units and providing strong support and solutions to Clients predominantly throughout the Asia Pacific regions.  

Duncan Eley (Photo: Polarcus)

Eley to Take over as Polarcus CEO

company Polarcus Limited, replacing Rod Starr, who has resigned following a two year reorganization period.   Eley has been promoted to the CEO role from his current position as chief operating officer, succeeding Starr effective immediately.   Starr will continue to work with the executive management team and Polarcus' Board of Directors for a transition period during the second quarter of 2017.   For the near term, Polarcus will eliminate the COO position “to better align with current market conditions,” the company said.   Eley has over 18 years of experience

Stuart Bannerman (Photo: M² Subsea)

Bannerman Named CFO at M² Subsea

ROV services provider M² Subsea has appointed Stuart Bannerman as the company’s new chief financial officer.   Bannerman brings more than 30 years of executive management experience to the business, having held previous roles as chief operating officer for BW Offshore, chief financial officer position at Remedial Offshore and regional CFO position at Technip.   

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