McDermott International has announced the appointment of a new chief executive and president.
Michael McKelvy will take up the positions at the US oilfield services company with immediate effect.
He will also serve as a member of McDermott’s board of directors.
Lee McIntire, who has been serving as interim CEO since June 2021, will retain his position on the company’s board.
McDermott chairman Nils Larsen said: “Michael joins McDermott at a pivotal time for the company as significant contract wins reflect increasing demand for McDermott’s diversified and integrated solutions.
“His track record of international leadership and award-winning engineering, procurement and construction expertise will guide McDermott’s talented global workforce as the momentum builds.”
Mr McKelvy has spent more than three decades working in the engineering and construction industry across the globe, including in the UK and Europe.
Since 2014 he has been president and CEO at Gilbane Building Company where he was instrumental in record growth, profitable operations and a strong customer commitment.
He said: “McDermott’s business model and commercial strategy carve out a unique position to further capitalize on the changing industry dynamics and facilitate the energy transition.
“I am eager and enthusiastic to join this already-robust leadership team and continue their progress to strengthen the portfolio and forge a new path for the industry.”
Prior to joining Gilbane, Mr McKelvy spent 26 years at CH2M Hill where he held multiple leadership positions, ultimately becoming chief delivery officer.
He spent his early career in operations as an architect and project manager at C.H. Guernsey & Company and Lockwood Greene, which became part of CH2M Hill.
Mr McKelvy currently serves on the board of RPS Group, a leading global professional services firm.
He holds a bachelor of science in environmental design from Oklahoma University and a bachelor of architecture from Louisiana Tech University.
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