---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-22-000016"
form_type: "8-K/A"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:45:24.885620+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Newpark Resources promotes Matthew Lanigan to President and CEO effective March 1, 2022

## Summary
- Matthew Lanigan succeeded Paul Howes as CEO on March 1, 2022, following planned succession.
- Lanigan also appointed to the Board as non-independent director; will not serve on any committees.
- Employment agreement: $725,000 base salary, annual bonus target 100% of base (0%-200% range).
- Severance: if terminated without cause or for good reason, receives one year base salary plus target award.

## SEC filing metadata
- accession: 0000071829-22-000016
- form_type: 8-K/A
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71829/000007182922000016/0000071829-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182922000016/nr-20210817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-22-000016
- JSON: https://secwatch.observer/filing/0000071829-22-000016.json
- Plain text: https://secwatch.observer/filing/0000071829-22-000016.txt

## Key facts
- Executive change
  Matthew Lanigan changed role as President and Chief Executive Officer at NPK International Inc..
  - Action: promoted
  - Role: President and Chief Executive Officer
  source text: Matthew Lanigan, who had previously served as President and Chief Operating Officer of the Company, succeeded Mr. Howes and was promoted to the position of President and Chief Executive Officer effective March 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182922000016/0000071829-22-000016-index.htm
- Executive change
  Paul L. Howes retired as Chief Executive Officer at NPK International Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: effective February 28, 2022, Paul L. Howes retired as Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182922000016/0000071829-22-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
