John Evans to retire, Stuart Fitzgerald to become chief executive at Subsea7

In a statement, Subsea7 said the board of the company will propose that Mr Evans be appointed as a director of the company at the Annual General Meeting on 12 May 2026.

Mr Evans has worked for Subsea7 and its predecessor companies for 40 years. He was chief operating officer of Subsea7 for 14 years and has been chief executive of Subsea7 since 2020.

Mr Fitzgerald has been the chief executive of Seaway7 since 2022. He joined Subsea7 in 1998 and has held several senior management positions, including executive vice president commercial and executive vice president strategy and alliances.

Mr Fitzgerald is also proposed as the chief executive of Subsea7 once its merger with Saipem, to form Saipem7, has been completed.

Subsea 7 chairman Kristian Siem said, “The board would like to thank John for his strong leadership and valuable contribution to the company as chief executive. He has shown true commitment and passion for the business over the last 40 years. 

“Stuart has made significant contributions over the course of his career with Subsea7 in both operational and strategic roles, and, in recent years, he has led the turnaround of the Seaway7 business. 

“Stuart has the full support of the board of Subsea7 as he continues his journey in this new role. I am confident that, under his leadership, Subsea7 will continue to thrive, both in the near term and as we navigate the merger with Saipem.”