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McDermott appoints Vice President and Chief Accounting Officer

Posted: 10 June 2005

McDermott International, Inc. reported that Michael S. Taff joined the Company as Vice President and Chief Accounting Officer.

Taff, who has nearly 21 years of financial and business advisory experience within both corporate and public accounting, comes to McDermott from HMT Inc. where he served as Vice President and Chief Financial Officer. Prior to HMT, Taff held the position of Vice President and Corporate Controller with Philip Services Corporation.

His experience at these companies include key positions related to SEC financial reporting, consolidations, internal audit, business planning and analysis and the leadership of several large scale strategic initiatives in response to organizational challenges.

Taff holds a BBA in Accounting and is a Certified Public Accountant.

"We are pleased that Mike will be joining our management team. His experience and leadership will be a valued addition to McDermott's finance organization," said Frank Kalman, Executive Vice President and Chief Financial Officer.

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