McDermott International, Inc. (MDR) said that Stephen Johnson, the Company's current President and Chief Operating Officer, has been appointed President and Chief Executive Officer of J. Ray McDermott, S.A., effective January 1, 2010. He succeeds Robert Deason, who, as previously announced, will retire at the end of the year.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.