Peter S. Atkinson, President of Global Industries, Ltd., will assume responsibilities for all administrative functions worldwide including accounting, human resources, information and communications, investor relations, legal, purchasing, risk, safety, and all other functions reporting to these groups. Atkinson joined the Company in September 1998 as Vice President and Chief Financial Officer. In June 2000, he was named President. Prior to joining Global, he served at the corporate level and in the North Sea, Middle East, West Africa, and Central and South America at J. Ray McDermott, S.A. and McDermott International, Inc. for over twenty-three years.