McDermott Appoints Ty Lawrence as Vice President, Treasurer and Investor Relations
May 09 2017 - 5:30PM
McDermott International, Inc. (NYSE:MDR) announced today that Ty
Lawrence has been appointed Vice President, Treasurer and Investor
Relations, replacing Kathy Murray who has been appointed Vice
President of Finance for Project Execution and Delivery.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/90ba574b-e695-4191-adfe-0d1719d01e08
“These moves ensure McDermott continues to build the strength of
our leadership team by expanding their breadth and depth of
experience,” said Stuart Spence, Executive Vice President and Chief
Financial Officer for McDermott. “These moves provide both Ty and
Kathy new experiences and opportunities to broaden their
understanding of McDermott’s vast business and position them for
continued success within our company.”
Prior to this appointment, Ty Lawrence was Senior Director of
Finance for McDermott’s Americas, Europe and Africa Area (AEA). He
joined McDermott in 2013 and has previously held the roles of
Subsea Finance Director and Senior Finance Director for Commercial
and Project Support. Ty is a trained chartered accountant with over
20 years of experience working for various listed and private
equity companies across a variety of industry sectors mainly in
London, in roles of increasing responsibility.
“I look forward to working with the investment and financial
communities to strategically broaden McDermott’s investor base and
highlight the tremendous value McDermott brings as the engineering,
procurement, construction and installation leader in the offshore
and subsea market,” said Ty Lawrence.
About the Company
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 approximately 20 countries across the
world, our locally focused and globally integrated resources
include approximately 13,500 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. 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
Ty Lawrence
Vice President, Treasurer and Investor Relations
+1 281.870.5147
tplawrence@mcdermott.com
Media Relations
Adam Morgan
Director, Global Communications
+1 281.253.9005
amorgan@mcdermott.com
McDermott (NYSE:MDR)
Historical Stock Chart
From Aug 2024 to Sep 2024
McDermott (NYSE:MDR)
Historical Stock Chart
From Sep 2023 to Sep 2024