Subsea7 will change chief executive leadership at mid-year, with John Evans set to step down after a 40-year career across Subsea7 and predecessor organisations.
Evans, who served as chief operating officer for 14 years and has led the company as CEO since 2020, will leave the CEO post on 30 June.
Stuart Fitzgerald, currently CEO of Seaway7 within the Subsea7 Group, is scheduled to assume the top role on 1 July. Fitzgerald has been CEO of Seaway7 since 2022, joined Subsea7 in 1998, and previously held senior posts including EVP Commercial and EVP Strategy and Alliances.
Fitzgerald has also been put forward as the CEO of Subsea7 in the envisaged Saipem7 structure, subject to completion of the proposed combination with Saipem.
Chairman Kristian Siem said the board expressed appreciation for Evans’ leadership and long service, and added that Fitzgerald has delivered operational and strategic contributions, including leading the recent turnaround at Seaway7, as the group progresses its plans.