Stuart Fitzgerald, the current chief executive of Seaway7, will take the helm of parent group Subsea7 on 1 July 2026 as John Evans retires.
Evans will step down after 40 years with Subsea7 and its predecessor companies, including 14 years as chief operating officer and four as chief executive, the company said.
Fitzgerald has led Seaway7 since 2022 and previously held senior roles at Subsea7 including evp commercial and evp strategy and alliances.
He is also proposed as the chief executive of Subsea7 within the future Saipem7 following the planned merger with Saipem.
“The Board would like to thank John for his strong leadership and valuable contribution to the Company as CEO – 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,” said chairman Kristian Siem.