M² Subsea Names New CFO

M² Subsea has appointed Stuart Bannerman as the company’s new chief financial officer.

Bannerman brings more than 30 years of executive management experience to the recently established subsea company.

In his previous role as chief operating officer for BW Offshore. Previous to this, he held the chief financial officer position at Remedial Offshore and regional CFO position at Technip.

M² Subsea chief executive officer, Mike Arnold, said: “I am thrilled to welcome Stuart on board. His considerable finance and business expertise will play a key role in driving M² Subsea’s strategy forward, as we look to become a leading name in remote subsea intervention. His extensive track record in strategic deal making and commercial management makes him a valuable addition to the team.”

Bannerman, commented: “It is a fantastic time to be joining a company like M² Subsea, when it’s at such crucial stage in its development. The company’s fresh approach to the market, combined with the knowledge and experience of the team, gives the firm a real competitive advantage in an increasingly challenging environment. I look forward to playing my part in the company’s future, as it looks to become a world leader in remote intervention services.”

Share this article

Follow Subsea World News

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

EXPLORATION AND PRODUCTION OFFSHORE CONGRESS HUB 2019

During the last few years Oil&Gas sector had a difficult time surviving in brutal low-price environment…

read more >

Brasil Offshore 2019

The commemorative 20th anniversary edition of Brasil Offshore will be held under the auspices…

read more >

Subsea EMEA 2019

Subsea EMEA, the elite submarine cable-focused event hosted by Capacity Media, will return for its third year situated…

read more >

9th International Conference Offshore Foundations

Offshore Foundations is a technical event for experts in the wind industry. The goal is to push forward technical development for future foundation concepts.

read more >