SBM Offshore N.V.
amsterdam : SBMO

January 24, 2012 01:38 ET

SBM Offshore N.V. CFO to Stand Down at End of Term

SCHIEDAM, NETHERLANDS--(Marketwire - Jan 24, 2012) - Mr Mark Miles and the Supervisory Board have mutually agreed that he will not stand for re-election at the next AGM on 16 May 2012.

The Supervisory Board will take steps to arrange for Mr Miles' succession. Until such time Mr Miles has agreed to continue as CFO of the Company.

The Supervisory Board and the Board of Management wish to thank Mr Miles for his valuable contribution.

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SBM Offshore Press Release:

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Source: SBM Offshore N.V. via Thomson Reuters ONE


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