Summary of 2009 Named Executive Officer Base Salary and Target EICP Compensation
EX-10.23 3 ex10-23.htm SUMMARY OF NAMED EXECUTIVE OFFICER 2009 SALARIES AND EICP AWARD OPPORTUNITIES ex10-23.htm
EXHIBIT 10.23
McDERMOTT INTERNATIONAL, INC.
Summary of
2009 Named Executive Officer
Base Salary and Target EICP Compensation
| Named Executive Officers | Base Salary | Target Award Opportunity (as a % of 2009 base salary) |
| John A. Fees Chief Executive Officer, McDermott International, Inc. | $900,000 | 100% |
| Michael S. Taff Senior Vice President & Chief Financial Officer, McDermott International, Inc. | $505,000 | 70% |
| Brandon C. Bethards President & Chief Executive Officer, The Babcock & Wilcox Company | $526,200 | 70% |
| Robert A. Deason President & Chief Executive Officer, J. Ray McDermott, S.A. | $555,000 | 70% |
| John T. Nesser Executive Vice President & Chief Operating Officer, J. Ray McDermott, S.A. | $500,000 | 70% |
