Technip Energies: John O'Higgins Appointed as Chairman of the Board
Technip Energies announces the proposed nomination of John O'Higgins as a non-executive director and his appointment as Chairman of the Board, succeeding Joseph Rinaldi who will retire following the 2026 Annual General Meeting. The proposal will be put to a shareholder vote at that meeting.
Joseph Rinaldi, the current Chairman of the Board, has informed the Board of his intention to retire at the end of his current term, immediately after the 2026 Annual General Meeting, and that he will not seek re-election. The Board has decided to propose the nomination of John O'Higgins as a non-executive director at the 2026 Annual General Meeting and to designate him as Chairman of the Board to succeed Mr. Rinaldi, subject to his appointment as a non-executive director by the shareholders.
Additional Board Changes Proposed
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The Board has also decided to propose the nomination of Luc Rémont as a non-executive director, replacing Francesco Venturini, who has announced that he will not seek re-election. John O'Higgins and Luc Rémont have also been appointed as censors of the Board of Directors until the 2026 Annual General Meeting. In this role, they will attend Board meetings prior to the 2026 Annual General Meeting to ensure a smooth and effective transition to their roles as non-executive directors.
SectorEnergie · Pétrole et gaz intégrés›équipements et services pétroliers
Context
Period
Period: 9M 2025
Guidance from the release
Technip Energies (T.EN) a réalisé une performance financière solide sur les neuf premiers mois de 2025.
Chiffre d’affaires +9 % (5 417,1 millions €), EBITDA récurrent +9 % (478,0 millions €), forte génération de trésorerie, acquisition AM&C annoncée, contrat majeur Commonwealth LNG remporté mais conditionné à la FID ; prévisions 2025 confirmées.
Risks mentioned
Dépendance à la décision finale d’investissement (FID) pour l’intégration de certains contrats majeurs (ex. Commonwealth LNG)
Impact des variations de change (effet de change négatif sur carnet de commandes : (797) millions d’euros)
Risques liés à l’autorisation réglementaire et à la finalisation de l’acquisition AM&C
Rééquilibrage du portefeuille projet entraînant une pression sur les marges (plus de projets en phase initiale)
Opportunities identified
Croissance du GNL et solutions modulaires (SnapLNG)
Décarbonation et carburants durables
Renforcement du segment TPS via l’acquisition AM&C (revenus récurrents supplémentaires)
Projets d’économie circulaire et de recyclage chimique (Plas-TCat, Ecoplanta)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
