McDermott Elects Perry Elders as J Ray McDermott's CFO

McDermott International, an engineering and construction company, has named Perry Elders as chief financial officer (CFO) of its subsidiary, J Ray McDermott. In this role, Elders will have primary responsibility for all financial functions of J Ray.

Elders is an experienced financial leader, with 27 years in roles of increasing responsibility. Most recently, he served as executive vice president and CFO of Bristow Group, a provider of helicopter services to the worldwide offshore energy industry, from 2005 through 2009. In this role, Elders was instrumental in all strategic decisions and leading that company’s strategic planning and finances during a period of substantial growth.

Prior to joining Bristow, Elders served as vice president, finance and chief accounting officer (CAO) at Vetco International. Elders began his career and served 20 years in public accounting, primarily with Arthur Andersen, where he left as an audit partner and head of its Gulf Coast Oilfield Services Industry team, followed by PricewaterhouseCoopers (PwC), where he was an audit partner.

Elders earned his Bachelor of Accountancy degree from New Mexico State University in 1983, and is a certified public accountant (CPA) in Texas.

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