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CGG (CGG)

New York Stock Exchange Consolidated Issue - New York Stock Exchange Consolidated Issue Delayed Price. Currency in USD
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3.85+0.50 (+15.09%)
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CGG

Tour Maine-Montparnasse
33 Avenue du Maine
Paris 75755
France
33 1 64 47 45 00
http://www.cggveritas.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees5,766

Key Executives

NameTitlePayExercisedAge
Dr. Jean-Georges MalcorChief Exec. Officer and Director1.21MN/A61
Mr. Stephane-Paul FrydmanChief Financial Officer and Sr. Exec. Vice-Pres of Fin. & Strategy735.97kN/A53
Mr. Pascal RouillerGroup COO, Sr. EVP - Equipment, Corp. Officer and CEO of Sercel736.53kN/A63
Ms. Sophie Zurquiyah-RoussetGroup COO, Sr. EVP - Geology, Geophysics & Reservoir Division and Corp. Officer910.73kN/A50
Ms. Catherine LeveauSr. VP of Investor RelationsN/AN/A58
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CGG, a geoscience company, provides data imaging, seismic data characterization, geoscience, and petroleum engineering consulting services to the oil and gas exploration and production industry in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates in Equipment; Contractual Data Acquisition; and Geology, Geophysics & Reservoir (GGR) segments. The Equipment segment develops and produces seismic equipment in the land and marine seismic markets, and offers customer support services. This segment offers geophysical equipment for seismic data acquisition, including seismic recording equipment, software, and seismic sources for land or marine. The Contractual Data Acquisition segment provides geophysical acquisition services comprising land, marine, airborne, and seabed. It offers marine seismic 2D and 3D, and marine seismic contract data acquisition and multi-client surveys services. As of December 31, 2016, this segment had a fleet of five 3D high capacity vessels and two source vessels. It is also involved in the acquisition and onsite processing of seismic data acquired on land areas; acquisition, processing, and interpretation of airborne geophysical data on land or offshore; collection, processing, and interpretation of data related to the earth’s surface and the soils; and in-house acquisition and data processing of marine gravity and bathymetry. The GGR segment develops and licenses multi-client seismic surveys; processes seismic data; sells seismic data processing and reservoir characterization software under the geovation, Hampson-Russell, and Jason brands; offers geoscience and petroleum engineering consulting services; collects, develops, and licenses geological data; and provides data management services and software. The company was formerly known as Compagnie Générale de Géophysique — Veritas SA and changed its name to CGG in 2013. CGG was founded in 1931 and is headquartered in Paris, France.

Corporate Governance

CGG’s ISS Governance QualityScore as of August 1, 2017 is 4. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.