The Supervisory Board of Fugro and Barbara Geelen have jointly agreed that Geelen will step down from her role as chief financial officer at the close of the company’s Annual General Meeting on 23 April 2026.
She will remain in an advisory role until 1 August 2026 to ensure a smooth leadership transition.
Geelen has served as CFO and a member of the board since 2021. During her tenure, she helped steer the geodata specialist through volatile market conditions and played a central role in shaping its financial strategy.
“On behalf of the Supervisory Board, I want to recognise and thank Barbara for her significant contributions to Fugro over the past years,” said Sjoerd Vollebregt, chair of the Supervisory Board.
“On top of that, Barbara played a key role in navigating Fugro through the challenging and dynamic market conditions Fugro faced in 2025.”
Geelen said it had been ‘a privilege’ to serve as CFO and that she would ‘fully support an orderly transition’.
The Supervisory Board will now begin the search for her successor.
Projects
Fugro’s expertise is reflected in projects such as the proposed Cruachan 2 pumped storage scheme in Argyll and Bute, Scotland. Led by Drax, the 600 MW underground expansion of the existing hydroelectric facility could power more than one million UK homes.
Commissioned to carry out a comprehensive geophysical ground investigation, Fugro faced steep slopes, dense vegetation, fluctuating reservoir levels and sensitive infrastructure.
Working with EPC-UK and ScaffFloat, the company deployed adaptive techniques including wireless seismic recording systems, shallow blast charges and floating platforms.
Despite complex terrain and daily reservoir fluctuations, Fugro delivered high-resolution seismic and resistivity data across three survey areas, supporting safe design and construction planning.
