Subsea 7 S.A. declared the re-appointment (co-optation) of Mr Allen Stevens and Mr Robert Long to the Company's Board of Directors with immediate effect.
The announcement comes further to an Extraordinary General Meeting of shareholders of the Company on Friday 12 September 2014, at which the Company's Articles of Incorporation were revised.
The revisions made to the Company's Articles of Incorporation include changes to the Company's Board of Directors and Committees quorum rules, which enable Mr Stevens and Mr Long, as US citizens, to re-join the Board of Directors whilst also allowing the Company to continue to meet requirements applicable to non-US companies operating vessels in US waters.
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Subsea 7 S.A.
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