Executive Officers' Compensation

Elements of Compensation

The aggregate compensation of the Chief Executive Officer  includes both a fixed element and a bonus element. The bonus due to the general management for a given fiscal year is paid during the first semester of the next fiscal year.

The aggregate compensation for fiscal year 2018 of the senior officers ("mandataires sociaux") in office during fiscal year 2018, is presented in the table below:


Fixed Compensation

Variable Compensation

Director’s Fees

Mr. Philippe SALLE € 115,697 N/A € 52,445.39(2)
Ms. Sophie ZURQUIYAH € 571,826 (1) € 727,516 (3)
N/A

(1) including benefit in kind
(2) paid in February 2019 for fiscal year 2018
(3) variable compensation due for 2018, the payment of which has been approved by the general meeting held on May 15, 2019 in accordance with the provisions of article L.225-100 of the French commercial code


July 2, 2019 : Statement on the allocation, subject to performance conditions, of stock-options and performance shares to the Chief Executive Officer Download (PDF)
May 20, 2019 : Statement on the negative vote of shareholders on resolutions N° 13 and 16 submitted to the General meeting held on May 15, 2019 Download (PDF)
March 12, 2019 : Statement on the variable compensation of the Chief Executive Officer of CGG for 2018 Download (PDF)
December 14, 2018 : Statement on the defined benefit pension plan to the benefit of Mr. Jean-Georges Malcor (pursuant to the article R. 225-34-1 of the French commercial code) Download (PDF)
September 17, 2018 : Statement on the allocation, subject to performance condition, of stock-options and performance shares to the Chief Executive Officer Download (PDF)
April 30, 2018: Statement on the compensation of the senior officers ("mandataires sociaux") of CGG Download (PDF)
March 29, 2018: Statement on the remuneration of Ms. Sophie Zurquiyah appointed as Chief Executive Officer of CGG as from April 26, 2018 Download (PDF)
March 12, 2018: Statement on the variable compensation of the Chief Executive Officer of CGG for 2017 Download (PDF)
December 4, 2017: Conditions relating to the departure of Jean-Georges Malcor as Chief Executive Officer Download (PDF)
June 6, 2017: Renewal of the severance payment in case of departure of the Chief Executive Officer ; Determination of the performance conditions applying to the supplementary pension plan of the Chief Executive Officer Download (PDF)
April 21, 2017: Statement on the compensation of the senior executive officers ("mandataires sociaux") of CGG for 2017 Download (PDF)
March 3, 2017: Statement on the variable compensation of the corporate officers ("mandataires sociaux") of CGG for 2016
Download (PDF)
January 9, 2017: Statement on the severance payment in case of departure of the Chief Executive Officer Download (PDF)
July 28, 2016: Statement on the respective weighting of the qualitative criteria used for the determination of the 2015 bonus of the Chief Executive Officer and the Corporate Officers
Download (PDF)
June 28, 2016: Statement on the allocation, subject to performance conditions, of stock-options and performance units to the Chief Executive Officer and the Corporate Officers of CGG and the 2016 directors’ fees allocated to the Chairman of the Board
Download (PDF)
March 29, 2016: Statement on the compensation of the senior executive officers of CGG Download (PDF)
March 21, 2016: Statement on the compensation of the corporate officers of CGG Download (PDF)
Jul 31, 2015: Statement on the compensation of a Corporate Officer of CGG Download (PDF)
June 25, 2015: Statement on the allocations, subject to performance conditions, of stock-options and performance units to the Chief Executive Officer and the Corporate Officers Download (PDF)
Mar 30, 2015: Statement on the compensation of the senior executive officers of the Company Download (PDF)
Feb 26, 2015: Statement on the compensation of the senior executive officers of the Company Download (PDF)
Sept 09, 2014: Renewal of the undertaking relating to the contractual severance indemnity of the Chief Executive Officer in case of forced departure from the Company resulting from a change of control or strategy Download (PDF)
Aug 01, 2014: Statement on the compensation of the Chairman of the Board of Directors of the Company Download (PDF)
June 30, 2014: Statement on the allocations, subject to performance conditions, of stock-options and performance units to the Chief Executive Officer and the Corporate Officers of CGG Download (PDF)
Apr 07, 2014: Statement on the compensation of the senior executive officers ("mandataires sociaux") of CGG Download (PDF)
July 02, 2013: Statement on the allocations, subject to performance conditions, of stock-options and performance units to the Chief Executive Officer and the corporate Officers of CGG Download (PDF)
Mar 20, 2013: Statement on the compensation of the senior executive officers of the Company Download (PDF)
Jun 28, 2012: Statement on the allocations, subject to performance conditions, of stock-options and performance shares to the Chief Executive Officer and the Senior Executive Vice Presidents of CGGVeritas Download (PDF)
May 14, 2012: Renewal of the undertaking relating to the contractual severance indemnity of the Chief Executive Officer in case of forced departure from the Company resulting from a change of control or strategy Download (PDF)
Mar 05, 2012: Statement on the compensation of the senior executive officers of the Company Download (PDF)
Dec 05, 2011: Statement on the compensation of the Chief Executive Officer of the Company Download (PDF)
Mar 28, 2011: Statement on the allocation of stock-options and performance shares to the Chairman of the Board and the Chief Executive Officer Download (PDF)
Mar 01, 2011: Statement on the compensation of the Chairman of the Board and the Chief Executive Officer of the Company Download (PDF)
July 06, 2010: Statement on the compensation of the Chairman of the Board and the Chief Executive Officer of the Company Download (PDF)
Mar 23, 2010: Statement on the allocation of stock-options and performance shares to the Chief Executive Officer Download (PDF)
Mar 20, 2009: Statement on the allocation of stock-options and performance shares to the Chief Executive Officer and Chief Operating Officer Download (PDF)
Mar 04, 2009: Statement on the compensation of the Chief Executive Officer and Chief Operating Officer Download (PDF)
Feb 27, 2008: Extract of the meeting of the Board of Directors of CGGVeritas Download (PDF)
2007 Form 20-F: Detailed information on the compensation, page 62 Download (PDF)
2007 Form 20-F: Detailed information on the stock-options and performance shares, page 70 Download (PDF)
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Sep 04, 2019

2019 H1 Results

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2019 Q2 Results

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