Hall of Distinction Class of 2010-2011

Robert A. (Bob) Deason, former president and chief executive officer of J. Ray McDermott, Inc. is a native of Natchitoches, Louisiana. He graduated from Natchitoches High School in 1963, and attended Northwestern State College for his freshman year. He then transferred to Louisiana State University (LSU) as a chemistry major. In 1966, he left LSU and joined the U.S. Marine Corps. After serving a tour in Vietnam, he returned to LSU and received a Bachelor of Science Degree in Civil Engineering in 1970. He also received an Executive M.B.A. from the University of Michigan.

After graduation, Deason joined Texas Eastern Transmission Company and was involved in the development of natural gas and petroleum pipelines throughout the U.S. Between 1975 and 1985, he worked for several companies involved in engineering and project management for the upstream oil and gas industry. During this period he also served as the deputy project manager responsible for operations and maintenance for the U.S. Strategic Petroleum Reserves.

In 1985, he joined Fluor, a major engineering, procurement and construction (EPC) contractor, as vice president of operations in Oil Gas and Chemicals Strategic Business Unit, helping to develop their pipeline services business. During his 18 years at Fluor, Deason had increasing responsibilities in Fluor's Upstream Oil and Gas business, their Chemical, Plastic and Fibers business, and their Refining and Petrochemical business. He was responsible for numerous major EPC projects throughout the world.

Since leaving LSU, Deason has had responsibility for petroleum-related projects in many places around the globe. In addition to the U.S., these include Nigeria, Ecuador, Colombia, Venezuela, China, Vietnam, Indonesia, Saudi Arabia, Qatar, Russia and Azerbaijan, just to name a few.

Deason joined J. Ray McDermott, Inc. in 2003, returning to his offshore roots. J. Ray McDermott, Inc. is a pioneer in offshore oil and gas development with strong roots in Louisiana. J. Ray McDermott, Inc. was suffering through a period of poor project performance and disastrous financial results. The ability of this 60 year-old company to survive was in doubt. Deason was brought in to bring new focus to the struggling company, a task he tackled head-on and with full-force.

After joining J. Ray, Deason implemented strict controls and project management discipline, and the organization was upgraded. During Deason's tenure the company returned to its previous leadership position in the offshore industry with significant growth, and current revenue is in excess of $3 billion. The parent company, McDermott International, has grown from a market capitalization of under $500 million to over $13 billion, largely due to the J. Ray turnaround. Today, J. Ray McDermott has significant operations in the U.S., Middle East, Asia Pacific and the Caspian, and operates numerous offshore construction vessels around the world.

Deason retired as president and CEO of J. Ray McDermott, Inc. in 2009, but maintains a professional relationship with the company as a consultant.

Deason is a 2008 LSU Civil & Environmental Engineering Hall of Distinction Inductee. He is active in several industry related organizations and serves on the Boards of National Ocean Industries Association and International Pipeline and Offshore Contractors Association. He is a registered professional engineer in Louisiana, and is a member of the Board of Directors of UniversalPegasus.

Mr. Deason is married to the former Dagmar Sauce, also of Natchitoches, and they have three children Brian Deason, David Deason, Emily Smith, and seven grandchildren. Bob and Dagmar reside in Houston, Texas.