Piou and Yearwood Join TechnipFMC Board

TechnipFMC has named Olivier Piou, former chief executive officer of Gemalto and John Yearwood, former chief executive officer of Smith Internationa to its board of directors, effective June 1, 2019.

Piou will serve on the Strategy Committee and Yearwood will serve on the Compensation Committee. Both will serve on the Nominating and Corporate Governance Committee.

Piou currently serves on the board of directors of Nokia and Valeo. Yearwood, who spent over 26 years at Schlumberger, previously served on the board of directors of Sabine Oil & Gas Corp.

Doug Pferdehirt, chairman and CEO of TechnipFMC, stated: “I am pleased to welcome John and Olivier to the board as the first new members since our merger. Both bring proven leadership and the global perspective gained as the CEO of an international public company. Olivier’s extensive knowledge of digital enterprise development will be invaluable as we continue to execute on our digital transformation strategy. John’s deep knowledge of manufacturing and oilfield services will support the continued differentiation and growth of our businesses. Because of their diverse experiences, John and Olivier are a strong complement to our board of directors and will further strengthen the Board’s breadth of talent and competencies.”