Bourbon chief operating officer Gael Bodenes has resigned after the restructuring French company's banks took over, but will take on a new role in the group.
The offshore support vessel owner said Bodenes quit on 31 December, but will become chairman of subsidiary Bourbon Maritime.
The move follows the sale last month by a Marseilles court of the group's assets to Societe Phoceenne de Participations (SPP), the company representing its lenders.