McDermott Names New VP, Treasurer and Investor Relations

Houston-based offshore EPCI player McDermott has appointed Ty Lawrence as vice president, treasurer and investor relations, replacing Kathy Murray who has been appointed vice president of finance for project execution and delivery.

Prior to this appointment, Ty Lawrence was senior director of finance for McDermott’s Americas, Europe and Africa Area (AEA). He joined McDermott in 2013 and has previously held the roles of subsea finance director and senior finance director for commercial and project support.

“These moves ensure McDermott continues to build the strength of our leadership team by expanding their breadth and depth of experience,” said Stuart Spence, executive vice president and chief financial officer for McDermott. “These moves provide both Ty and Kathy new experiences and opportunities to broaden their understanding of McDermott’s vast business and position them for continued success within our company.”

“I look forward to working with the investment and financial communities to strategically broaden McDermott’s investor base and highlight the tremendous value McDermott brings as the engineering, procurement, construction and installation leader in the offshore and subsea market,” said Ty Lawrence.

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