-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FuQpl4zIrkdfiUsnqBONVzpVc86HAuigR0zLAdNSi3noL1Fx85bHMd8hLWJMRQs4 Shp8CgPm5TnXBbBQ0I09Iw== 0001157523-07-010008.txt : 20071019 0001157523-07-010008.hdr.sgml : 20071019 20071018182033 ACCESSION NUMBER: 0001157523-07-010008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20071015 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071019 DATE AS OF CHANGE: 20071018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCDERMOTT INTERNATIONAL INC CENTRAL INDEX KEY: 0000708819 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] IRS NUMBER: 720593134 STATE OF INCORPORATION: R1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08430 FILM NUMBER: 071179695 BUSINESS ADDRESS: STREET 1: 777 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: 281-870-5000 MAIL ADDRESS: STREET 1: 777 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 8-K 1 a5522122.txt MCDERMOTT INTERNATIONAL, INC. 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 15, 2007 McDERMOTT INTERNATIONAL, INC. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) REPUBLIC OF PANAMA 001-08430 72-0593134 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 777 N. Eldridge Parkway, Houston, Texas 77079 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including Area Code: (281) 870-5901 -------------- ----------------------------------------- Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ----------------------------------------- Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (c) Mr. Dennis S. Baldwin was appointed as Vice President and Chief Accounting Officer of McDermott International, Inc. ("McDermott"), effective as of October 15, 2007. Mr. Baldwin is 46 years of age. Prior to joining McDermott, Mr. Baldwin served as the Chief Accounting Officer of Integrated Electrical Services, Inc., a national electrical contracting company, since February 2007, as Vice President and Corporate Controller of Veritas DGC, Inc., a seismic company which provides geophysical services to the petroleum industry, from 2005 to 2007, and as Vice President and Corporate Controller of Universal Compression Holdings, Inc., a company providing gas compression services to the domestic and international natural gas industry, from 2002 to 2005. A copy of the press release announcing Mr. Baldwin's appointment is attached as Exhibit 99.1. In connection with his appointment as Vice President and Chief Accounting Officer, Mr. Baldwin is eligible to participate in McDermott's Executive Incentive Compensation Plan and his 2007 award under that plan is subject to a minimum payment of $100,000. Mr. Baldwin's equity grant in connection with this appointment has not been determined at this time. Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated October 18, 2007 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. McDERMOTT INTERNATIONAL, INC. By: /s/Michael S. Taff ------------------------------------------ Michael S. Taff Senior Vice President and Chief Financial Officer October 18, 2007 EX-99.1 2 a5522122-ex991.txt EXHIBIT 99.1 EXHIBIT 99.1 McDermott Appoints Dennis Baldwin as Vice President and Chief Accounting Officer HOUSTON--(BUSINESS WIRE)--Oct. 18, 2007--McDermott International, Inc. (NYSE:MDR) ("McDermott" or the "Company") announced today that Dennis S. Baldwin has joined the Company as Vice President and Chief Accounting Officer. In this role, Mr. Baldwin replaces Michael S. Taff, who was appointed Senior Vice President & Chief Financial Officer in April 2007. With 23 years of financial and accounting experience, Baldwin comes to McDermott from Integrated Electrical Services where he served as Chief Accounting Officer. Prior to Integrated Electrical Services, Baldwin served as vice president and corporate controller for two energy service companies, Veritas DGC, Inc. and Universal Compression Holdings, Inc. In addition, Baldwin held a variety of financial and accounting roles at Cemex, Cooper Industries and Price Waterhouse. Baldwin holds a Bachelor of Business Administration degree in Accounting from Sam Houston State University, a Master of Business Administration degree from the University of Houston, and is a Certified Public Accountant in Texas. "We are pleased to welcome Dennis to McDermott," said Mike Taff, Senior Vice President and Chief Financial Officer of McDermott. "His background and experience will be a valuable addition to our financial management team." 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 20,000 employees, and can be found on the internet at www.mcdermott.com. CONTACT: McDermott International, Inc. Investor Relations & Corporate Communications Jay Roueche or Robby Bellamy, 281-870-5011 -----END PRIVACY-ENHANCED MESSAGE-----