Regulatory News:
TechnipFMC (NYSE: FTI) (PARIS: FTI) announces today that Olivier Piou,
former Chief Executive Officer of Gemalto N.V., and John Yearwood,
former Chief Executive Officer of Smith International, Inc., have been
named to its Board of Directors, effective June 1, 2019.
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.”
Mr. Piou will serve on the Strategy Committee and Mr. Yearwood will
serve on the Compensation Committee. Both will serve on the Nominating
and Corporate Governance Committee.
About Olivier Piou
Mr. Piou, 60, was the Chief Executive Officer and Board member of
Gemalto N.V., an international digital security company, from 2006 to
2016. Gemalto was formed through the combination of Axalto N.V. and
Gemplus International. Mr. Piou served as Chief Executive Officer and
Board Member of Axalto N.V. from its 2004 initial public offering until
its combination with Gemplus in 2006. Mr. Piou began his career at
Schlumberger Limited where he held progressively senior positions
covering technology, marketing, and operations in Schlumberger’s Oil &
Gas and Technology businesses over the course of 23 years. Mr. Piou
currently serves on the Board of Directors of Nokia Oyj and Valeo S.A..
He previously served on the Boards of Directors of Alcatel-Lucent (2008
to 2016), Axalto N.V. (2004 to 2006), and Gemalto N.V. (2006 to 2016).
Mr. Piou holds a Master’s Degree in engineering from Ecole Centrale de
Lyon, France.
About John Yearwood
John Yearwood, 59, was Chief Executive Officer, President, and Chief
Operating Officer of Smith International, Inc., which was a supplier of
services and manufactured products to oil and gas exploration and
production companies, from 2009 to 2010 when Smith International merged
with Schlumberger Limited. He served as Smith International’s Executive
Vice President and President of Completion and Production from September
to December 2008. Prior to joining Smith International, Mr. Yearwood
spent over 26 years at Schlumberger in a succession of executive
leadership positions, including President, North and South America
Oilfield Services; Vice President, Finance, WesternGeco, and Oilfield
Services Controller. Mr. Yearwood currently serves as the Lead Director
of Nabors Industries Ltd. He previously served on the Board of Directors
of Sabine Oil & Gas Corp. Mr. Yearwood holds a Bachelor of Science
Honors degree in Geology and Environment from Oxford Polytechnic,
subsequently renamed Oxford Brookes University, United Kingdom.
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About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and
surface projects. With our proprietary technologies and production
systems, integrated expertise, and comprehensive solutions, we are
transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond. Through
innovative technologies and improved efficiencies, our offering unlocks
new possibilities for our clients in developing their oil and gas
resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best results
are achieved.
To learn more about us and how we are enhancing the performance of
the world’s energy industry, go to TechnipFMC.com and follow us on
Twitter @TechnipFMC.
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