McDermott Appoints Jack McCormack to Executive Vice President, Chief Operating Officer
30 Juni 2011 - 4:00PM
Business Wire
McDermott International, Inc. (NYSE:MDR) (“McDermott”),
announced today that John T. (“Jack”) McCormack has been appointed
Executive Vice President, Chief Operating Officer of McDermott
International, Inc. effective June 30, 2011.
Jack McCormack, McDermott's Executive
Vice President, Chief Operating Officer (Photo: Business Wire)
“Jack has been instrumental in leading our Asia Pacific and
Middle East operations to exceptional performance,” said Stephen M.
Johnson, McDermott’s Chairman, President and Chief Executive
Officer. “Jack has been with McDermott since 2003 and has extensive
experience in the capture and execution of major engineering and
construction projects. His performance and background make him
uniquely qualified for this position.”
McCormack will succeed McDermott’s current Chief Operating
Officer John T. Nesser who previously indicated his intention to
retire from McDermott in 2011.
“John Nesser’s service to McDermott’s employees, customers and
shareholders has been nothing less than extraordinary. In
John’s nearly 13 years of service he has led both the Legal &
Administrative functions as well as served as our Chief Operating
Officer. He has created significant value for shareholders in
each. I know of few executives in our industry that have the
business knowledge, intellectual capability and personal integrity
that John possesses. I wish John every success in his retirement,”
said Johnson.
ABOUT McDERMOTT
McDermott is a leading engineering, procurement, construction
and installation (“EPCI”) company focused on executing complex
offshore oil and gas projects worldwide. Providing fully integrated
EPCI services for upstream field developments, the Company delivers
fixed and floating production facilities, pipelines and subsea
systems from concept to commissioning. McDermott’s customers
include national and major energy companies. Operating in more than
20 countries across the Atlantic, Middle East and Asia Pacific, the
Company’s integrated resources include more than 15,000 employees
and a diversified fleet of marine vessels, fabrication facilities
and engineering offices. McDermott has served the energy industry
since 1923.
To learn more, please visit McDermott’s website on the internet
at www.mcdermott.com
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