Skip to main content

Technip and FMC announce designees to Board of Directors

Published by
Hydrocarbon Engineering,

Technip S.A. and FMC Technologies, Inc. have announced their respective designees to the Board of Directors of the combined company, TechnipFMC, effective at the close of the proposed combination.

The Board of Directors of the combined company will comprise 14 directors, seven designated by FMC Technologies and seven designated by Technip as set forth below. FMC Technologies will appoint the initial Independent Lead Director, in accordance with the terms of the Business Combination Agreement. The Board of Directors will have four committees: Audit, Nominating and Governance, Compensation, and Strategy. The committee chairs and Independent Lead Director are indicated below.

The slate of directors nominated by Technip is:

  • Thierry Pilenko, future Executive Chairman of TechnipFMC and designated Chair of the Strategy Committee.
  • Arnaud Caudoux (Bpifrance designee).
  • Pascal Colombani.
  • Marie-Ange Debon (designated Chair of the Audit Committee).
  • Didier Houssin.
  • John O'Leary.
  • Joseph Rinaldi.

The slate of directors nominated by FMC Technologies is:

  • Douglas J. Pferdehirt, future Chief Executive Officer of TechnipFMC.
  • Eleazar de Carvalho Filho.
  • Claire S. Farley.
  • Peter Mellbye (designated Chair of the Nominating and Governance Committee).
  • Richard A. Pattarozzi (designated Independent Lead Director).
  • Kay G. Priestly.
  • James M. Ringler (designated Chair of the Compensation Committee).

As previously announced, the transaction is expected to be completed in early 2017 and is subject to approval by FMC Technologies' and Technip's stockholders, the receipt of required antitrust and regulatory clearances and other customary closing conditions.

Read the article online at:

You might also like

Catalysts 2019

Catalysts 2019

Catalysts 2019 is an online conference for professionals in the downstream sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »


Israel to be gas exporter by mid-2020s

GlobalData has reported that Israel has gone through an energy production revolution and will become a gas exporter in the Eastern Mediterranean region by the mid-2020s.


Embed article link: (copy the HTML code below):