Subsea 7’s board has proposed the election of former Equinor boss Eldar Saetre to the post of independent non-executive director at the energy service firm.
The appointment would be effective from June 1, 2021, subject to a vote at Subsea 7’s annual general meeting on April 14.
Elisabeth Proust, independent director and member of the audit and compensation committee, will not be standing for re-election.
Subsea 7 thanked Ms Proust, who used to head up Total’s UK North Sea business, for her “valuable contribution”.
The board proposes the re-election of Kristian Siem and Dod Fraser at the AGM.