| Business Summary | | McDermott
International,
Inc.
is
the
parent
company
of
the
McDermott
group
of
companies
that
includes
J.
Ray
McDermott,
S.A.,
McDermott
Incorporated,
Babcock
&
Wilcox
Investment
Company,
BWX
Technologies,
Inc.,
and
The
Babcock
&
Wilcox
Company.
The
Company
operates
in
four
business
segments,
Marine
Construction
Services,
Government
Operations,
Industrial
Operations
and
Power
Generation
Systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | McDermott
International
operates
in
four
businesses:
Marine
Construction
Services
(offshore
exploration),
Power
Generation
Systems
(steam/electric
power),
Government
Operations
(nuclear
reactor
components)
and
Industrial
Operations.
For
the
six
months
ended
6/30/01,
revenues
fell
14%
to
$928.5
million.
Net
income
totalled
$3.5
million
vs.
a
loss
of
$2.2
million.
Results
reflect
lower
volumes
in
Far
East
offshore
activities
offset
by
the
absence
of
exit
and
impairment
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bruce Wilkinson, 55 Chairman,
Pres, CEO, Chief Operating Officer | -- | Bruce Longaker, Jr. CFO,
Exec. VP | -- | James Wood, 58 Exec.
VP and Pres of Company's Babcock & Wilcox Power Generation Group | $421K | J. Woolsey, 52 Sr.
VP and CAO | -- | John Nesser III, 51 Sr.
VP, Gen. Counsel, Sec. | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|