"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," said David Dickson, McDermott's president and CEO."I am confident in his ability to lead our finance organisation as we work to rebuild our capital structure to match and support the strength of our operating business. We wish Stuart success in his future endeavours and appreciate his significant contributions to McDermott over the past five years."
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, a global manufacturer of aluminium tank trailers, heavy lift trailers and oilfield pressure pumping equipment used in hydraulic fracturing and other well services; and chief accounting officer, vice president and corporate controller/vice president of finance of Cameron International, a worldwide provider of flow equipment products, systems and services to oil, gas and process industries.For the latest refining and petrochemical industry related videos, subscribe to our YouTube page.