McDermott International : McDermott Announces Results of Shareholders' Meeting
05/10/2012| 01:10pm US/Eastern
McDermott International, Inc. (NYSE: MDR) ("McDermott" or the "Company")
announced today the results of its 2012 Annual Meeting of Stockholders,
held Thursday morning, May 10, 2012 in Houston, Texas.
Based on the voting results from the meeting, shareholders re-elected
Messrs. John F. Bookout, III, Roger A. Brown, Stephen G. Hanks, Stephen
M. Johnson, D. Bradley McWilliams, Thomas C. Schievelbein and David A.
Trice, and Ms. Mary L. Shafer-Malicki to our Board of Directors, all for
one-year terms. Each of these existing Board members received a minimum
affirmative vote of approximately 97 percent of the votes cast by
In addition, shareholders approved, on an advisory basis, our named
executive officer compensation with an affirmative vote of 97 percent of
votes cast by shareholders, and ratified the appointment of Deloitte &
Touche LLP as our independent registered public accounting firm for the
year ending December 31, 2012.
About the Company
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 approximately 20 countries across the Atlantic,
Middle East and Asia Pacific, the Company's integrated resources include
approximately 13,500 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.
McDermott International, Inc.
Analysts and Financial Media:
Jay Roueche, 281-870-5462
and General Media:
Louise Denly, 281-870-5025
© Business Wire 2012