Subsea 7 S.A. announced that its Chief Financial Officer (CFO), Simon Crowe will be leaving the Group to pursue other interests effective 6 July 2012. Ricardo Rosa will succeed Crowe as of 9 July 2012.
Until recently, Rosa served as Executive Vice President and CFO of Transocean Ltd where he had previously maintained general management roles as Senior Vice President for both the Europe & Africa and Asia Pacific regions. Prior to joining Transocean, Ricardo was employed by Schlumberger and, during a 16 year international career, held numerous financial positions of increasing responsibility.
He is a member of the Institute of Chartered Accountants in England and Wales and holds an M.A. from Oxford University.
Jean Cahuzac, Chief Executive Officer said: “I would like to thank Simon for his valuable contribution; in addition to leading the financial function, he played a key role in the success of the merger process and has been truly instrumental in the development of the group since he joined in late 2009. We wish him every success in the future. We are very pleased to appoint Ricardo who will ensure continuity, as well as bringing further diversity to the Executive Management team in support of the global development of the group going forward.”
