McDermott has informed that Ian Prescott as Vice President, Asia, effective January 8, will succeed Hugh Cuthbertson who announced plans to retire from the company.
Prescott will also be a member of McDermott’s executive committee.
Prior to this appointment, Prescott was senior vice president and director of Asia Pacific for SNC-Lavalin. He also served as the managing director and General Manager and later as the CEO of Global Process Systems. He has held key leadership positions with PAE (Thailand) PLC and Aker Kvaerner.
“Ian has a wealth of experience and knowledge in the upstream sector that will help us to grow our business in Asia. He is a strategic, high performing leader that understands the challenges and opportunities and is committed to finding the best solutions for our customers,” said David Dickson, president and chief executive officer of McDermott. “I thank Hugh for his nearly four decades of unrivaled service to McDermott in the oil and gas industry and we are grateful for his leadership over the years.”