McDermott International Inc. on Nov. 5 appointed Chris Krummel as executive vice president and CFO, effective immediately.
Krummel joined McDermott in 2016 and previously served as the company’s global vice president, finance and chief accounting officer. He replaces Stuart Spence, who has resigned from McDermott to pursue other opportunities.
“Chris has worked closely and collaboratively with our leadership team for the past three years and has clearly demonstrated the business and financial acumen that McDermott needs,” David Dickson, McDermott’s president and CEO, said.
Krummel has 25 years of finance leadership experience. Prior to joining McDermott, he served as: a consultant of American Industrial Partners, a firm engaging in private equity investments in industrial businesses in the United States and Canada; CFO and vice president of EnTrans International LLC; and chief accounting officer, vice president and corporate controller/vice president of finance of Cameron International.
Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.
Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.
The Trump administration is in discussions about whether to renew a license for Chevron's operations in Venezuela as Washington looks to increase pressure on its socialist leader.