Allen Stevens - Subsea 7 Independent Director

SUBCYDelisted Stock  USD 12.20  0.17  1.37%   

Director

Mr. Allen L. Stevens has served as Senior Independent Director of Subsea 7 S.A. since May 2018. He was previously appointed as NonExecutive Independent Director at the company as of September 18, 2014. He is Chairman of the Corporationrationrate Governance and Nominations Committee, and Member of the Compensation Committee of the Company. He was previously NonExecutive Independent Director of the Company from January 2011 until June 30, 2014. Prior to this, he was a member of the Board of Directors of Subsea 7 Inc. from December 2005. He has gained marine industry and maritime financing experience holding senior executive and management positions with Great Lakes Transport Limited, McLean Industries Inc. and SeaLand Service Inc. He is Vice President of Masterworks Development Corporationrationration, a hotel developer and operator. He has many years of experience in shipping, finance and management. He is a graduate of the University of Michigan and Harvard School of Law. since 2018.
Age 75
Tenure 6 years
Phone44 20 8210 5500
Webhttps://www.subsea7.com

Subsea 7 Management Efficiency

Subsea 7's management efficiency ratios could be used to measure how well Subsea 7 manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 360.3 M in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. Subsea 7 SA has a current ratio of 1.2, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Subsea 7 until it has trouble settling it off, either with new capital or with free cash flow. So, Subsea 7's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Subsea 7 SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Subsea to invest in growth at high rates of return. When we think about Subsea 7's use of debt, we should always consider it together with cash and equity.

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Subsea 7 S.A. delivers offshore projects and services for the evolving energy industry worldwide. Subsea 7 S.A. was incorporated in 1993 and is based in Luxembourg. Subsea 7 is traded on OTC Exchange in the United States. Subsea 7 SA [SUBCY] is a Pink Sheet which is traded between brokers as part of OTC trading. Subsea 7 is listed under Petroleum and Natural Gas category by Fama And French industry classification.

Management Performance

Subsea 7 SA Leadership Team

Elected by the shareholders, the Subsea 7's board of directors comprises two types of representatives: Subsea 7 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Subsea. The board's role is to monitor Subsea 7's management team and ensure that shareholders' interests are well served. Subsea 7's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Subsea 7's outside directors are responsible for providing unbiased perspectives on the board's policies.
Katherine Tonks, Head Relations
Stuart Fitzgerald, Executive Vice President Strategy and Commercial
Kristian Siem, Chairman of the Board
Niels Kirk, Non-Executive Director
Mark Foley, Chief Officer
Isabel Green, Investor Relations Director
Steve Wisely, Executive Vice President Commercial
Phillip Simons, Ex Operations
Allen Stevens, Independent Director
Robert Long, Independent Director
Philippe Gleize, Managing Unit
Dod Fraser, Independent Director
Dick Martin, VP Alliances
Marcelo Xavier, Ex Sustainability
Keith Tipson, Executive VP of HR
Oyvind Mikaelsen, Executive Vice President – Southern Hemisphere and Global Projects
Eystein Eriksrud, Director
John Evans, Chief Officer
Elisabeth Proust, Non-Executive Director
Olivier Blaringhem, Ex Conventional
Ricardo Rosa, CFO
Jean Cahuzac, CEO and Executive Director
David Mullen, Non-Executive Director
Nathalie Louys, General Counsel
Katherine Lyne, Ex HR
Peter Mason, Senior Independent Director

Subsea Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Subsea 7 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Subsea 7 SA information on this page should be used as a complementary analysis to other Subsea 7's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Subsea Pink Sheet

If you are still planning to invest in Subsea 7 SA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Subsea 7's history and understand the potential risks before investing.
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