Subsea 7 SS Proposes Special Dividend; Announces Board Resignations
The company also announced that Trond Westlie and Arild Schultz communicated to the Board on March 13 their intention not to stand for re-election on expiry of their term as Directors of the company at the 2013 AGM. Trond Westlie was first appointed as a Director of the company in 2004 and Arild Schultz was first appointed as a Director of Subsea 7 Inc. in 2002.