Mcdermott International Ltd · OTC:MCDIF
Mcdermott International — Shareholder Meeting (August 2018)
11 slides from Mcdermott International's shareholder meeting presentation, Aug 30, 2018
Slide 1: 2018 Annual Meeting of Stockholders Investor Presentation: August 2018
2018 Annual Meeting of Stockholders Investor Presentation: August 2018
Slide 2: Executive Summary
Executive Summary About McDermott Premier, fully-integrated provider of technology, engineering and construction solutions to the energy industry Designs and builds end-to-end infrastructure and technology solutions—from the wellhead to the storage tank—to transport and transform oil and gas into th
Slide 3: About McDermott
About McDermott Consulting McDermott is a premier, fully integrated provider of engineering, construction and technology solutions to the energy industry 12 Vessel Fleet Construction and Multi-Service Vessels 129 Years of Experience Projects Across 7 Continents Employees Approximately 40,000 Custome
Slide 4: Board's Engagement in Strategy for Continued Growth Leads to Combination with CB&I
Board’s Engagement in Strategy for Continued Growth Leads to Combination with CB&I UPSTREAM DOWNSTREAM SUBSEA OFFSHORE LNG PETROCHEM POWER REFINING The Board’s oversight of McDermott’s strategic goals led to McDermott’s Combination with CB&I in May 2018, resulting in the creation of a fully, vertica
Slide 5: Newly Refreshed Board with Experience for the Combined Company
Newly Refreshed Board with Experience for the Combined Company Philippe Barril Transition Committee Chair Chief Operating Officer, SBM Offshore N.V. James H. Miller Former Chairman, PPL Corporation Marsha C. Williams Former Chief Financial Officer, Orbitz Worldwide, Inc. Forbes I.J. Alexander Chief
Slide 6: Board Uniquely Positioned to Exercise Oversight
Board Uniquely Positioned to Exercise Oversight Our Board continuously evaluates its composition to ensure effective oversight of McDermott’s strategy in driving long-term stockholder value 11 Executive Leadership 11 Energy / Oilfield Services 9 Public Company Board 6 Experience with Core Customers
Slide 7: Our Philosophy Links Strategy and Performance
Our Philosophy Links Strategy and Performance McDermott’s pay programs are designed to provide compensation that: Provides performance-based incentives to reward achievement of short and long-term business goals and strategic objectives while recognizing individual contributions Attracts, motivates
Slide 8: Significant Majority of CEO Pay is At Risk
Significant Majority of CEO Pay is At Risk McDermott’s compensation program is designed to align interests of executives with those of our stockholders with a focus on long-term performance results 13% Annual Base Salary Fixed cash compensation recognizing an executive officer’s experience, skill an
Slide 9: Stockholder Outreach: Objective, Outreach, Discussion, Feedback, Results
Objective Outreach Discussion Feedback Results Since 2015, our Board has engaged in an extensive stockholder outreach program to discuss our stockholders’ perspectives on our governance and compensation policies and practices. Each year, we typically reach out to stockholders representing approximat
Slide 10: Strong Corporate Governance and Compensation Practices
Strong Corporate Governance and Compensation Practices Our Board believes in sound corporate governance and places significant weight on stockholder feedback in making decisions on governance processes and compensation programs Board and Governance Practices Compensation Practices The Board is activ
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