Stuart Spence

Stuart Spence | Executive Vice President and Chief Financial Officer

Stuart Spence has served as Executive Vice President and Chief Financial Officer since August 2014, responsible for McDermott’s financial and accounting operations, focused on sustainable, profitable growth and shareholder returns.

Stuart has approximately 20 years of financial and operational management experience with companies in oilfield products and services, and the engineering and construction businesses.

Prior to joining McDermott, Stuart served as Vice President, Artificial Lift for Halliburton, where he had overall strategic and operational responsibility for Halliburton’s artificial lift product and service line. Previously, he served as Senior Director, Strategy and Marketing for Halliburton’s Completion and Production Division. Stuart joined Halliburton following Halliburton’s acquisition of Global Oilfield Services Inc. in November 2011. He served as Executive Vice President and Chief Financial Officer of Global Oilfield Services from 2008 to May 2011 and as Executive Vice President, Strategy, in May 2011 in connection with the sale to Halliburton.

His prior experience also includes positions of increasing financial and management responsibility at: Green Rock Energy, LLC; and Vetco International Ltd. (holding company for Aibel Ltd., an oilfield facilities maintenance and construction company, and Vetco Gray, Inc., a subsea production and drilling equipment company).

He is a graduate of the University of Stirling with a bachelor’s degree in Accounting.

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