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    Douglas J. Pferdehirt

    Chair and Chief Executive Officer at TechnipFMC PLC
    Board
    Since May 1, 2019
    Age
    61 years
    Tenure
    Joined FMC Technologies in 2012, served as Chief Operating Officer from 2012 to 2016, President and Chief Executive Officer from 2016 to 2017, and became Chair and Chief Executive Officer on May 1, 2019.

    Also at TechnipFMC PLC

    AM
    Alf Melin
    Executive Vice President and CFO
    CA
    Cristina Aalders
    EVP, Chief Legal Officer, and Secretary
    DL
    David Light
    SVP, Controller, and Chief Accounting Officer

    About

    Douglas J. Pferdehirt is a seasoned executive with extensive experience in the energy sector, having started a long and distinguished career that includes 26 years at Schlumberger Limited in various leadership roles.

    After joining FMC Technologies in 2012, he quickly rose through the ranks, serving first as Chief Operating Officer and then as President and Chief Executive Officer, showcasing his capability to manage large-scale operations and complex corporate transformations.

    His leadership during the merger of FMC Technologies and Technip S.A. underscores his strategic insight and commitment to guiding organizations through periods of change. As Chair and Chief Executive Officer since May 2019, he continues to steer the company with a focus on financial diligence, risk management, and environmental, social, and governance (ESG) responsibilities.

    His comprehensive background in executive management makes him a trusted leader, bridging operational expertise with a deep understanding of market dynamics, thereby ensuring that the company is well-positioned for future growth.

    $FTI Performance Under Douglas J. Pferdehirt

    Past Roles

    Organization Role Date Range Details
    FMC Technologies, Inc. President and Chief Executive Officer 2016 to 2017 Prior to merger of FMC Technologies and Technip S.A.
    FMC Technologies, Inc. Chief Operating Officer 2012 to 2016
    FMC Technologies, Inc. Board Member Until 2017 (merger)
    Schlumberger Limited Executive Leadership Positions 26 years Held a succession of executive roles

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,328,700 AnnualFixed base salary
    Contributions to Savings Plans$271,773 AnnualIncludes contributions to the U.S. Qualified and Non-Qualified Savings Plans
    Financial Planning and Personal Tax Assistance$15,000 AnnualFixed compensation component
    Personal Use of Company Automobile$14,311 AnnualFixed compensation component
    Security Services$26,071 AnnualFixed compensation component
    U.K. Tax Preparation$4,437 AnnualFixed compensation component
    Company-Paid Life Insurance Premium$494 AnnualFixed compensation component
    Spousal Travel$9,841 AnnualFixed compensation component

    Performance Compensation

    Data from  FY 2023

    Annual Cash Incentive

    MetricWeightThresholdTargetMaximumVesting ScheduleEvaluation PeriodAdditional Details
    Annual Cash Incentive75% (BPI); 25% (API) $1,793,745 $3,587,490 Up to 200% of target Not applicableAnnualSet at 135% of base salary

    PSU - TSR

    MetricWeightThreshold (50% payout)Target (100% payout)Maximum (200% payout)Vesting DateGrant DateGrant Date Fair ValueEvaluation PeriodAdditional Details
    PSU - TSR50% 130,286 units 260,571 units 521,142 units 2/21/2026 2/21/2023 $4,653,798 2023-2025 If absolute TSR is negative, payout is capped at 100%

    PSU - ROIC

    MetricWeightThreshold (50% payout)Target (100% payout)Maximum (200% payout)Vesting DateGrant DateGrant Date Fair ValueEvaluation PeriodAdditional Details
    PSU - ROIC50% 130,286 units 260,571 units 521,142 units 2/21/2026 2/21/2023 $4,653,798 2023-2025 If absolute TSR is negative, payout for ROIC is capped at 100% (target)