Two Former SBM Offshore Executives Sent to Prison For Bribery

The company has paid more than $475 million in penalties to U.S. and Dutch authorities

Samuel Rubenfeld

Sept. 28, 2018 6:31 p.m. ET

Two former executives of Dutch oil-services firm SBM Offshore NV were sentenced Friday to prison for violating U.S. foreign bribery law.

Anthony Mace, the company’s chief executive from 2008 to 2011, received three years in prison and was ordered to pay a $150,000 fine. Robert Zubiate, a former SBM Offshore sales executive, received 30 months in prison and has to pay a $50,000 fine.

They...