McDermott International, Inc. announced the appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. 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.

Mr. 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; Chief Financial Officer and Vice President of EnTrans International, LLC; and Chief Accounting Officer, Vice President and Corporate Controller/Vice President of Finance of Cameron International.