Cahuzac to retire from position as Subsea 7 CEO
- Business & Finance
UK subsea engineering and construction services company Subsea 7 has informed that Jean Cahuzac will retire from his position as CEO at the end of this year.
Cahuzac will be succeeded from January 1, 2020, by John Evans, who is currently COO, Subsea 7 said on Tuesday.
According to the company, Jean Cahuzac has been in the industry for 41 years and CEO for Subsea 7 since 2008, having previously worked for Transocean and Schlumberger. Following his retirement as CEO, Cahuzac will continue as a non-executive director of the company.
John Evans has been COO of Subsea 7 since he joined the company in 2005 and has over 30 years’ experience in the offshore energy services industry. Evans previously worked for KBR in a number of general management, commercial, and operational roles.
Kristian Siem, Subsea 7 Chairman, said: “The board would like to thank Jean for his leadership over many years and the valuable contribution that he has made to the company. We are fortunate that John Evans, who has a deep understanding of the business and a wealth of experience, will succeed Jean as CEO and the Board looks forward to working directly with him.”
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