Professional Summary
Professional Overview
Mark Foley is an accomplished Chief Financial Officer with extensive experience in the energy and engineering sectors. He is known for his strategic financial leadership, operational expertise, and ability to drive organizational growth and efficiency.
Experience Summary
Current Role
As the Chief Financial Officer at Subsea7, Mark is responsible for overseeing the company's global financial management, including financial planning, accounting, treasury, and risk management. He plays a crucial role in aligning Subsea7's financial strategy with its overall business objectives, ensuring the company maintains a strong financial position and delivers sustainable value to its stakeholders.
Career Progression
Prior to his current role, Mark held several senior finance positions within the industry, including Group Financial Controller & SVP Finance (Engineering & Construction) at Petrofac, Vice President & Group Financial Controller at Subsea7, and various leadership roles at Baker Hughes and Shell. Throughout his career, he has demonstrated a strong track record of driving operational and financial improvements, implementing best-in-class financial processes, and contributing to the strategic decision-making of global organizations.
Academic Background
Mark holds a Bachelor's degree in Accounting and Finance from the University of Manchester, where he graduated with honors. He is a qualified Chartered Accountant, having obtained his certification from the Institute of Chartered Accountants in England and Wales.
Areas of Expertise
- Strategic financial planning and management
- Operational and process optimization
- Risk management and corporate governance
- Mergers, acquisitions, and integration
- Implementing financial control frameworks
- Driving business transformation and growth
Professional Impact
During his tenure at Petrofac, Mark played a pivotal role in improving the company's financial performance and enhancing its operational efficiency. He led the implementation of a robust financial control framework, which resulted in a significant reduction in project costs and improved working capital management. Additionally, his expertise in mergers and acquisitions contributed to the successful integration of several strategic acquisitions, strengthening Petrofac's market position.
Conclusion
With his extensive finance experience, strategic mindset, and demonstrated ability to drive organizational success, Mark Foley is a highly sought-after Chief Financial Officer. He is committed to leveraging his expertise to help Subsea7 navigate the evolving energy landscape, enhance financial resilience, and capitalize on emerging opportunities for growth and profitability.