TechnipFMC picks president of new ventures

Business & Finance

Oilfield services company TechnipFMC has appointed a new president of new ventures.

For illustration only; Source: TechnipFMC

TechnipFMC said on Monday that Catherine MacGregor joined its executive leadership team as the new president of new ventures.

Doug Pferdehirt, TechnipFMC chief executive officer, said: “In our rapidly changing and extremely competitive environment, the ability to expand our possibilities and to develop our business in new directions is a critical asset for TechnipFMC’s future.

“This is why we have decided to create New Ventures – to explore opportunities to expand our portfolio through innovative models and new business lines. Catherine will be in charge of defining and implementing this new, promising approach.”

MacGregor previously spent 23 years with Schlumberger in a succession of leadership positions involving global operational activities.

These included being president of Drilling Group, president of the Characterization Group, area president for Europe and Africa, president of Wireline and VP of human resources.


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