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McDermott International Inc (MDR)

MDR on New York Consolidated

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30 Nov 2016
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Summary

Name Age Since Current Position

Gary Luquette

60 2015 Chairman of the Board

David Dickson

47 2013 President, Chief Executive Officer, Director

Stuart Spence

46 2014 Chief Financial Officer, Executive Vice President

Liane Hinrichs

57 2008 Senior Vice President, General Counsel, Corporate Secretary

Christopher Krummel

48 2016 Vice President - Finance, Chief Accounting Officer, Principal Accounting Officer

Erich Kaeser

60 2016 Director

John Bookout

61 2006 Independent Director

Roger Brown

71 2005 Independent Director

Stephen Hanks

65 2009 Independent Director

William Schumann

65 2012 Independent Director

Mary Shafer-Malicki

55 2011 Independent Director

David Trice

68 2009 Independent Director

Biographies

Name Description

Gary Luquette

Mr. Gary P. Luquette serves as an Chairman of the Board of McDermott International, Inc. He retired from his position as President, Chevron North America Exploration and Production, a unit of Chevron Corporation, in September 2013, following 35 years of service with Chevron. He held that position since 2006, and his duties included serving on Chevron's upstream executive leadership team. Previously, he held key exploration and production positions with Chevron in Europe, California, Indonesia and Louisiana. He holds a Bachelor of Science degree in Civil Engineering from University of Louisiana, Lafayette in 1978.

David Dickson

Mr. David Dickson serves as President, Chief Executive Officer, Director of McDermott International, Inc. Mr. Dickson has over 24 years of offshore oilfield engineering and construction business experience, including 11 years of experience with Technip S.A. and its subsidiaries. From September 2008 to October 2013, he served as President of Technip U.S.A. Inc., with oversight responsibilities for all of Technip’s North American operations. In addition to being the President of Technip U.S.A. Inc., Mr. Dickson also had responsibility for certain operations in Latin America, including Mexico, Venezuela, Colombia and the Caribbean. Mr. Dickson also supported the Technip organization by managing key customer accounts with international oil companies based in the United States.

Stuart Spence

Mr. Stuart Spence serves as Chief Financial Officer, Executive Vice President of McDermott International, Inc. Mr. Spence has approximately 19 years of combined financial and operational management experience with companies in oilfield products and services and engineering and construction businesses. Immediately prior to joining McDermott, Mr. Spence joined Halliburton following Halliburton’s acquisition of Global Oilfield Services Inc. in November 2011. He served as Executive Vice President and Chief Financial Officer of Global Oilfield Services from 2008 to May 2011 and as Executive Vice President, Strategy, in May 2011 in connection with the sale to Halliburton. His prior experience also includes positions of increasing financial and management responsibility at: Green Rock Energy, LLC; and Vetco International Ltd. (holding company for Aibel Ltd., an oilfield facilities maintenance and construction company, and Vetco Gray, Inc., a subsea production and drilling equipment company).

Liane Hinrichs

Ms. Liane K. Hinrichs serves as Senior Vice President, General Counsel, Corporate Secretary of McDermott International, Inc., since October 2008. Previously, she served as Company's Vice President, General Counsel and Corporate Secretary from January 2007 to September 2008; Corporate Secretary and Associate General Counsel, Corporate Compliance and Transactions from January 2006 to December 2006; Associate General Counsel, Corporate Compliance and Transactions, and Deputy Corporate Secretary from June 2004 to December 2005; Assistant General Counsel, Corporate Secretary and Transactions from October 2001 to May 2004; and Senior Counsel from May 1999 to September 2001. Prior to joining McDermott in 1999, she was a partner in a New Orleans law firm.

Christopher Krummel

Mr. Christopher A. Krummel serves as Vice President - Finance, Chief Accounting Officer, Principal Accounting Officer of the Company. Mr. Krummel will serve as our principal accounting officer. Previously, Mr. Krummel served as a consultant of American Industrial Partners, a firm engaging in private equity investments in industrial businesses in the United States and Canada, from November 2015 through July 2016; Chief Financial Officer and Vice President of EnTrans International, a global manufacturer of aluminum tank trailers, heavy lift trailers and oilfield pressure pumping equipment used in hydraulic fracturing and other well services, from September 2014 to October 2015; and Chief Accounting Officer, Vice President and Corporate Controller / Vice President, Finance of Cameron International, a worldwide provider of flow equipment products, systems and services to oil, gas and process industries, from October 2008 to August 2014. Mr. Krummel has also served as a member of the Board of Directors of Eco-Stim Energy Solutions, an environmentally-focused well stimulation and completion company, since 2014. Mr. Krummel is a Certified Public Accountant.

Erich Kaeser

Mr. Erich Kaeser serves as Director of Mcdermott International, Inc. He served in key executive and advisory positions, with a strong focus on the Middle East markets, throughout his 35-year career at Siemens AG ("Siemens"), a global conglomerate producing energy-efficient and resource-saving technologies across a variety of industrial sectors. His experience includes Executive Advisor to the Siemens Board and Regional Middle East Management from December 2013 to December 2014, and previously, as Chief Executive Officer, Siemens Middle East, responsible for overseeing the Siemens business in 16 countries, including Saudi Arabia and Qatar, from September 2008 to December 2013. Mr. Kaeser holds a Bachelor Degree in Electrical Power Engineering from the Regensburg University of Applied Sciences in Germany.

John Bookout

Mr. John F. Bookout, III serves as an Independent Director of McDermott International, Inc. He has served as a Managing Director of Kohlberg Kravis Roberts & Co., a private equity firm, since March 2008. Previously, he served as Senior Advisor to First Reserve Corporation, a private equity firm specializing in the energy industry, from 2006 to March 2008. Until 2006, he was a director of McKinsey & Company, a global management consulting firm, which he joined in 1978. Mr. Bookout previously served as a director of Tesoro Corporation from 2006-2010. He holds a Bachelors degree in Economics from William Marsh Rice University and Masters degree in Business Administration from University of Venice.

Roger Brown

Mr. Roger Allen Brown, J.D., serves as an Independent Director of McDermott International, Inc. Mr. Brown was Vice President, Strategic Initiatives of Smith International, Inc., a supplier of goods and services to the oil and gas exploration and production industry, the petrochemical industry and other industrial markets. Mr. Brown was President of Smith Technologies (a business unit of Smith International, Inc.) from 1998 until 2005. Mr. Brown has served as a director of Ultra Petroleum Corp. since 2007, and previously served as a director of Boart Longyear Limited from 2010-2014. he holds a Juris Doctor from University of Oklahoma and Bachelor of Science degree in Economics and Political Science from the same university.

Stephen Hanks

Mr. Stephen G. Hanks, J.D., serves as an Independent Director of McDermott International, Inc. Mr. Hanks served in various roles over a 30-year career with Washington Group International, Inc. (and its predecessor, Morrison Knudsen Corporation), an integrated construction and management services company, and from 2000 through 2007 served as President, Chief Executive Officer and a member of its board of directors. Mr. Hanks has also served as a director of Lincoln Electric Holdings, Inc. since 2006 and as a director of The Babcock & Wilcox Company since 2010. He holds a Juris Doctor degree from University of Idaho, Masters degree in Business Administration from University of Utah and degree in Accounting from Brigham Young University.

William Schumann

Mr. William H. Schumann, III, serves as an Independent Director of McDermott International, Inc. Mr. Schumann previously served in the following capacities at FMC Technologies and its predecessor, FMC Corporation: Chief Financial Officer from 1999 until his retirement from that position in December 2011; Vice President, Corporate Development from 1998 to 1999; Vice President and General Manager, Agricultural Products Group from 1995 to 1998; Regional Director, North America Operations, Agricultural Products Group from 1993 to 1995; Executive Director of Corporate Development from 1991 to 1993, and other various management positions from the time he joined FMC in 1981. Mr. Schumann currently serves as Chairman of the Board of Avnet, Inc., a board on which he has served on since February 2010. He also previously served on the board of directors of Great Lakes Advisors, Inc. from 1991 to June 2011, UAP Holding Corp. from 2005 to 2008, AMCOL International Corporation from September 2012 to May 2014 and URS Corporation from March 2014 to October 2014. He holds a Bachelors degree in Systems Engineering from University of California, Los Angeles and Masters degree in Management from University of Southern California.

Mary Shafer-Malicki

Ms. Mary L. Shafer-Malicki serves as an Independent Director of Mcdermott International, Inc. Ms. Shafer-Malicki was Senior Vice President and Chief Executive Officer of BP Angola, a subsidiary of BP p.l.c., an oil and natural gas exploration, production, refining and marketing company. Previously, Ms. Shafer-Malicki served as Chief Operating Officer of BP Angola from January 2006 to June 2007 and in various other international engineering and managerial positions with BP p.l.c. Ms. Shafer-Malicki has also served as a director of Ausenco Limited since January 2011 and John Wood Group PLC since June 2012. She holds a Bachelor of Science degree in Chemical Engineering from Oklahoma State University.

David Trice

Mr. David A. Trice, J.D., serves as an Independent Director of McDermott International, Inc. was Chief Executive Officer of Newfield Exploration Company, an oil and natural gas exploration and production company, and served as Chairman of its board from September 2004 to May 2010. Mr. Trice has served as a director of New Jersey Resources Corporation since 2004 and QEP Resources, Inc. since 2011. Mr. Trice previously served as a director of Grant PrideCo, Inc. from 2003 to 2008 and Hornbeck Offshore Services, Inc. from 2002 to 2011. He holds a Juris Doctor degree from Columbia University and Bachelor of Arts degree from Duke University.

Basic Compensation

Name Fiscal Year Total

Gary Luquette

292,724

David Dickson

5,476,180

Stuart Spence

2,546,450

Liane Hinrichs

1,873,260

Christopher Krummel

--

Erich Kaeser

--

John Bookout

194,997

Roger Brown

198,330

Stephen Hanks

201,929

William Schumann

208,861

Mary Shafer-Malicki

214,997

David Trice

208,595
As Of  30 Dec 2014