McDermott International, Inc. 2011 Executive Officer Salary and Target EICP Compensation Summary
This document from McDermott International, Inc. outlines the 2011 base salaries and target annual incentive compensation (EICP) percentages for its named executive officers, including the CEO, CFO, and other senior executives. It specifies each executive's base salary and the percentage of that salary eligible for target incentive awards, providing a clear overview of their compensation structure for the year.
Exhibit 10.49
McDERMOTT INTERNATIONAL, INC.
Summary of
Executive Officer
2011 Base Salary and
Target EICP Compensation
| Executive Officer | Base Salary | Target EICP Award (as a % of 2011 base salary earned) | ||||||
| Stephen M. Johnson | $ | 950,000 | 100 | % | ||||
| Perry L. Elders | $ | 485,000 | 70 | % | ||||
| Gary L. Carlson | $ | 336,000 | 60 | % | ||||
| Liane K. Hinrichs | $ | 440,000 | 60 | % | ||||
| John T. Nesser, III | $ | 512,508 | 70 | % | ||||
