McMoRan Exploration Co. Announces Appointment of Two New Members to its Board of Directors
June 09 2010 - 11:08AM
Business Wire
McMoRan Exploration Co. (NYSE: MMR) announced today the
appointment of A. Peyton Bush, III, and William P. Carmichael to
its Board of Directors.
A. Peyton Bush III, 65, is President and Chief Executive Officer
of Hibernia Homestead Banccorp in New Orleans, LA. Mr. Bush has
over 35 years of banking and investment experience, including as
President and Chief Executive Officer of several financial
institutions. Mr. Bush is a graduate of Princeton University and
received an MBA from University of Virginia.
William P. Carmichael, 66, is a retired executive with over 35
years of experience in finance. Mr. Carmichael worked for Price
Waterhouse and held various senior financial positions with global
consumer product companies Sara Lee Corporation, Beatrice Foods
Company and Esmark, Inc. Mr. Carmichael currently serves on the
Boards of Cobra Electronics Corporation, The Finish Line and is
Chairman of the Columbia Funds. Mr. Carmichael is an accounting
graduate of Indiana University and received a Juris Doctorate
degree from University of Virginia Law School.
McMoRan’s Co-Chairmen, James R. Moffett and Richard C. Adkerson
said: “We are pleased to welcome Peyton Bush and Bill Carmichael to
McMoRan’s Board as independent directors. They bring broad
financial and business experience and we look forward to their
guidance and counsel.”
McMoRan Exploration Co. is an independent public company engaged
in the exploration, development and production of oil and natural
gas in the shallow waters of the Gulf of Mexico Shelf and onshore
in the Gulf Coast area. Additional information about McMoRan is
available on its internet website “www.mcmoran.com”.
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