{"id":413562,"date":"2021-01-12T16:19:06","date_gmt":"2021-01-12T21:19:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413562"},"modified":"2021-01-12T16:19:06","modified_gmt":"2021-01-12T21:19:06","slug":"technipfmc-announces-executive-leadership-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-announces-executive-leadership-change\/","title":{"rendered":"TechnipFMC Announces Executive Leadership Change"},"content":{"rendered":"

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TechnipFMC Announces Executive Leadership Change<\/b><\/p>\n

LONDON & PARIS & HOUSTON–(BUSINESS WIRE<\/a>)–
\nRegulatory News:\n<\/p>\n

\nTechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) announced today that Alf Melin has been named Executive Vice President and Chief Financial Officer, effective January 25, 2021.\n<\/p>\n

\nMr. Melin has been with the Company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as Senior Vice President, Finance Operations, where he is responsible for the Company\u2019s global finance activities across all segments. Additionally, he has direct oversight of finance operations for the Subsea segment. Prior to this, he held various operational roles, including Senior Vice President, Surface Americas, and General Manager, Fluid Control. A graduate of Lund University in Sweden, Mr. Melin\u2019s service with the Company includes eight years in various global locations.\n<\/p>\n

\nThis appointment follows the resignation, also effective January 25, 2021, of Maryann Mannen as Executive Vice President and Chief Financial Officer, who is leaving the Company to pursue an identified opportunity.\n<\/p>\n

\nDoug Pferdehirt, Chairman and CEO of TechnipFMC, stated, \u201cI am pleased to announce Alf Melin\u2019s appointment to Executive Vice President and Chief Financial Officer of TechnipFMC. He has made significant contributions in the development of the Company\u2019s current finance organization, making him a natural successor. I am confident that Alf\u2019s extensive financial experience and deep operational knowledge of our Subsea and Surface Technologies businesses have prepared him well to lead the finance organization of TechnipFMC.\u201d\n<\/p>\n

\n\u201cFinally, I would like to thank Maryann for the many contributions she has made throughout her 35 year career with TechnipFMC, culminating in our planned separation into two industry-leading publicly traded companies. This allows for a natural leadership succession to occur. I wish her all the best in her new role.\u201d\n<\/p>\n

Important Information for Investors and Securityholders<\/b><\/p>\n

Forward-looking statements<\/i><\/b><\/p>\n

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Words such as \u201cexpect,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201cwould,\u201d \u201cwill,\u201d and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, and include any statements with respect to the potential separation of the Company into TechnipFMC and Technip Energies, the expected financial and operational results of TechnipFMC and Technip Energies after the potential separation and expectations regarding TechnipFMC\u2019s and Technip Energies\u2019 respective capital structures, businesses or organizations after the potential separation. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, our filings with the Autorit\u00e9 des march\u00e9s financiers or the U.K. Financial Conduct Authority, as well as the following:<\/i><\/p>\n