Subsea 7 S.A. CFO appointment

Luxembourg - July 5, 2012 - Subsea 7 S.A. (Oslo Børs:
SUBC) announced today that its Chief Financial
Officer (CFO), Simon Crowe will leave the Group to
pursue other interests with effect from the end of
July. Simon will be succeeded by Ricardo Rosa who
will take up the position of CFO for Subsea 7 SA on
9th July 2012.
Ricardo Rosa was until recently Executive Vice
President and CFO of Transocean Ltd where he had
previously held general management roles as Senior
Vice President for both the Europe & Africa and Asia
Pacific regions. Prior to joining Transocean, Ricardo
was employed by Schlumberger and, during a 16-year
international career, held various financial
positions of increasing responsibility. He is a
member of the Institute of Chartered Accountants in
England and Wales and has a M.A. from Oxford
University. Ricardo has dual British and Brazilian
citizenship and will be based in London.
Jean Cahuzac, Chief Executive Officer said "I would
like to thank Simon for his valuable contribution; in
addition to leading the financial function, he played
a key role in the success of the merger process and
has been truly instrumental in the development of the
group since he joined in late 2009. We wish him every
success in the future. We are very pleased to appoint
Ricardo who will ensure continuity, as well as
bringing further diversity to the Executive
Management team in support of the global development
of the group going forward‟.
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Subsea 7 S.A. is a seabed-to-surface engineering,
construction and services contractor to the offshore
energy industry worldwide. We provide integrated
services, and we plan, design and deliver complex
projects in harsh and challenging environments.
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For further information, please contact:
Paul Gooden
Subsea 7 S.A.
+44 (0)20 8210 5568
paul.gooden@subsea7.com
www.subsea7.com