Sundar PichaiSundar Pichai earned $164M in 2023

Douglas Pferdehirt is the CEO of TechnipFMC plc, a role he's held since early January 2017. He previously worked at Schlumberger Limited, where he spent over 26 years, gaining a wealth of experience in the energy sector. Under his leadership,...

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Douglas Pferdehirt

CEO of TechnipFMC

Education

Not specified

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

February 1, 1968 - 57 years ago

CEO of TechnipFMC for

8 years 2 months (Jan 2017 - Present)

Previous Experience

Previously served as President and Chief Executive Officer of FMC Technologies, Inc.

Holdings

See how much did Douglas Pferdehirt make over time.

Douglas Pferdehirt's trading activity in TechnipFMC shares shows his strategic approach to stock management. Throughout 2023, his holdings fluctuated, reaching a peak sale value of approximately $104.79 million in October. Not only did he sell stocks worth millions in the...

Total Stock Sold

$29.73M

FTI

$29.73M

1,371,235 FTI shares

What if they kept their stock?

If Douglas Pferdehirt didn't sell their stock, today they would have:
Extra FTI1,371,235 shares worth $12.08M.
This is -59.36% and $17.65M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Douglas Pferdehirt.

FTI

1,840,574 shares

FTI

Feb 21, 2025

Received

FTI

$29.96M

FTI at $21.85/share

Mar 1, 2024

Sale

FTI

2,054,915 shares

FTI

Mar 9, 2023

Received

FTI

223,346 shares

FTI

Feb 21, 2023

Received

FTI

369,289 shares

FTI

Mar 8, 2022

Received

FTI

632,079 shares

FTI

Apr 1, 2021

Received

FTI

1,284,977 shares

FTI

Feb 16, 2021

Received

FTI

43,069 shares

FTI

Jan 28, 2021

Received

FTI

313,240 shares

FTI

Mar 9, 2020

Received

FTI

98,046 shares

FTI

Feb 28, 2020

Received

Compensation History

See how much did Douglas Pferdehirt make over time.

In 2023, Douglas Pferdehirt received $17,062,495 in total compensation from TechnipFMC, showcasing a strong performance-based pay structure. His base salary was $1,328,700, which is a reasonable amount for a CEO leading a global company in the energy sector. He also earned a short-term bonus that totaled about $2,955,195, tied to the company’s financial success. The real kicker in his paycheck comes from vested stock, with a value of over $11.8 million from restricted stock units. This highlights TechnipFMC's philosophy of tying executive pay directly to performance metrics, including adjusted EBITDA and free cash flow, which ultimately benefits shareholders. This alignment ensures that he has a vested interest in the company's success, not just in the long run but also in immediate financial outcomes. Clearly, his pay package reflects the philosophy that when the company does well, he does well too, a notion that many believe fosters accountability.

Year

2023

Total Compensation

$16.51M

Salary

$1.33M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the achievement of the Company’s strategic goals and shareholder interests.

Bonus

$2.96M

Board Justification

Represents short-term incentive remuneration earned in 2023 and paid in March 2024.

Other

$341.93K

Board Justification

Includes contributions to the U.S. Qualified Savings Plan and U.S. Non-Qualified Savings Plan, financial planning and personal tax assistance, personal use of Company automobile, security services, U.K. tax preparation, Company-paid life insurance premium, and spousal travel.

Restricted Stock

$11.89M(807.03K RSU)

Board Justification

Represents the number of shares acquired on vesting of RSUs in 2023.

Performance Metrics

The performance metrics include adjusted EBITDA as a percentage of revenue, free cash flow from operations, ESG Scorecard measures, and individual performance measures.