McDermott Announces Annual Stockholders’ Meeting Results
April 29 2016 - 06:15PM
McDermott International, Inc. (NYSE:MDR) announced today the
results of its 2016 Annual Meeting of Stockholders held on Friday,
April 29, 2016 in Houston, Texas.
Based on the voting results from the meeting, stockholders
re-elected Messrs. John F. Bookout, III, Roger A. Brown, David
Dickson, Stephen G. Hanks, Gary P. Luquette, William H. Schumann,
III and David A. Trice and Ms. Mary L. Shafer-Malicki, and elected
Mr. Erich Kaeser, to McDermott’s Board of Directors, all for
one-year terms.
In addition, stockholders approved, on an advisory basis,
McDermott’s named executive officer compensation, approved both the
Company’s 2016 Executive Incentive Compensation Plan and the
Company’s 2016 Long-Term Incentive Plan and ratified the
appointment of Deloitte & Touche LLP as the Company’s
independent registered public accounting firm for the year ending
December 31, 2016.
About McDermott McDermott is a leading provider
of integrated engineering, procurement, construction and
installation (EPCI) services for upstream field developments
worldwide. The Company delivers fixed and floating production
facilities, pipelines and subsea systems from concept to
commissioning for complex Offshore and Subsea oil and gas projects
to help oil companies safely produce and transport hydrocarbons.
Our customers include national and major energy companies.
Operating in more than 20 countries across the world, our locally
focused and globally integrated resources include approximately
11,200 employees, a diversified fleet of specialty marine
construction vessels, fabrication facilities and engineering
offices. We are renowned for our extensive knowledge and
experience, technological advancements, performance records,
superior safety and commitment to deliver. McDermott has served the
energy industry since 1923 and shares of the common stock are
listed on the New York Stock Exchange. As used in this press
release, McDermott includes McDermott International, Inc. and its
subsidiaries and affiliates. To learn more, please visit our
website at www.mcdermott.com.
McDermott International, Inc.
Investor Relations
Kathy Murray
Vice President, Treasurer & Investor Relations
+1 281.870.5147
kamurray@mcdermott.com
Media Relations
Rick Goins
Director, Global Communications
+1 281.870.5932
rgoins@mcdermott.com
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