McDermott Announces Results of Shareholders’ Meeting
May 10 2012 - 1:09PM
Business Wire
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 shareholders.
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.
OTHER INFORMATION
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.
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