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    McDermott appoints David Dickson as Chief Operating Officer

    Company News // November 1, 2013

    McDermott International has announced that Stephen M Johnson will retire from his positions as Chairman of the Board, President and Chief Executive Officer and as a director of McDermott in December 2013 and that David Dickson has agreed to join McDermott and to succeed Mr Johnson as President and Chief Executive Officer.

    Mr Dickson has been appointed Executive Vice President and Chief Operating Officer, a position he will hold until December.

    Mr Dickson has approximately 23 years of offshore oilfield engineering and construction business experience, including 11 years of experience with Technip and its subsidiaries.

    Since September 2008, he has been serving as President of Technip USA Inc., with oversight responsibilities for all of Technip’s North American operations.

    Mr Dickson  commenced his employment with McDermott on October 31, 2013. He will initially serve as McDermott’s Chief Operating Officer, succeeding John T McCormack, whose retirement from that position was previously announced.

    Mr Dickson will succeed Mr Johnson as President and Chief Executive Officer on or before December 16, 2013.

    Mr Dickson will lead the previously announced search effort for a new chief operating officer. Concurrent with Mr Dickson’s appointment as President and Chief Executive Officer, McDermott’s Board of Directors will elect him as a member of the Board.


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