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McDermott Appoints Murray as Vice President, Treasurer and Investor Relations

HOUSTON, Jan. 11, 2016 (GLOBE NEWSWIRE) -- McDermott International, Inc. (NYSE:MDR) announced today that Kathy Murray has been appointed Vice President, Treasurer and Investor Relations. Ms. Murray adds the role of Investor Relations to her current duties as Treasurer.

Kathy Murray, Vice President, Treasurer and Investor Relations, McDermott International, Inc. © 2016 McDermott International, Inc.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/43295495-f4f2-4df4-97f8-5fca630a4106

“Kathy’s demonstrated success as Treasurer provides the ideal background to support all McDermott stakeholders in this dynamic global energy market,” said Stuart Spence, Executive Vice President and Chief Financial Officer.

“I am extremely pleased and excited to be taking on the additional responsibility of Investor Relations, and welcome the opportunity to work closer with the capital markets and wider stakeholder base of McDermott,” Ms. Murray said.

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 clients include national and major energy companies. Operating in more than 20 countries across the world, our locally focused and globally integrated resources include approximately 10,300 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 is 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, 281.870.5147 Vice President, Treasurer and Investor Relations kamurray@mcdermott.com Media Relations Richard Goins, 281.870.5932 Director, Global Communications rgoins@mcdermott.com

Source:McDermott, Inc.