McDermott International, Inc. (NYSE:MDR) (“McDermott”
or the “Company”)
announced today that Admiral Richard W. Mies has been appointed to
McDermott’s Board of Directors, effective
August 1, 2008. Admiral Mies will also serve the Company on its Audit
and Governance committees.
Admiral Mies retired from the United States Navy in 2002 following 35
years of service. A nuclear submariner, Admiral Mies commanded United
States Strategic Command for four years prior to retirement. As
Commander in Chief, he was directly responsible for the command and
control of the Nation’s strategic nuclear
forces supporting the national security objective of strategic
deterrence. Following his military service, Mies served as a Senior Vice
President of Science Applications International Corporation and as
President and Chief Executive Officer of its wholly-owned subsidiary,
Hicks and Associates.
Among his numerous current activities, Admiral Mies serves as Chairman
of the Board of Directors for the Naval Submarine League, is an
independent member of the Board of Governors for Los Alamos National
Security, LLC and Lawrence Livermore National Security, LLC, and is also
on the Board of Directors for Mutual of Omaha Insurance Company.
Admiral Mies graduated with highest honors from the U.S. Naval Academy
with a Bachelor of Science degree in mechanical engineering and
mathematics. He has completed post-graduate education at Oxford
University, England, the Fletcher School of Law and Diplomacy, and
Harvard University. Additionally, he holds a Master’s
degree in government administration and international relations.
"We are pleased to welcome Admiral Mies to McDermott’s
Board of Directors," said Bruce W. Wilkinson, Chairman and Chief
Executive Officer of McDermott. "His extensive nuclear, naval and
business background is well-suited for our Company and we look forward
to his many contributions."
McDermott is an engineering and construction company, with specialty
manufacturing and service capabilities, focused on energy
infrastructure. McDermott’s customers are
predominantly utilities and other power generators, major and national
oil companies, and the United States Government. With its global
operations, McDermott operates in over 20 countries with more than
25,000 employees.
McDermott International, Inc., Houston
Investor Relations &
Corporate Communications
Jay Roueche or Robby Bellamy, 281-870-5011
www.mcdermott.com
