---
schema_version: "secwatch.filing_event.v1"
accession: "0000071829-22-000190"
form_type: "8-K"
ticker: "NPKI"
cik: "0000071829"
company_name: "NPK International Inc."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:31:14.318284+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Newpark announces Chairman Tony Best to retire in May 2023; board cut, director pay down 15%

## Summary
- Anthony J. Best, Chairman since 2018, to retire at May 2023 Annual Meeting after nine years on board.
- Board size to decrease from eight to seven directors following Best's retirement.
- Non-executive director total compensation reduced by approximately 15% effective January 1, 2023.
- Retirement not due to any disagreement; Chairman succession plan not yet determined.

## SEC filing metadata
- accession: 0000071829-22-000190
- form_type: 8-K
- ticker: NPKI
- cik: 0000071829
- company_name: NPK International Inc.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 7.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71829/000007182922000190/0000071829-22-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71829/000007182922000190/nr-20221201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071829-22-000190
- JSON: https://secwatch.observer/filing/0000071829-22-000190.json
- Plain text: https://secwatch.observer/filing/0000071829-22-000190.txt

## Key facts
- Executive change
  Anthony J. Best departed as Chairman of the Board at NPK International Inc..
  - Action: retire
  - Role: Chairman of the Board
  source text: Mr. Anthony J. Best informed the Corporate Secretary of Newpark on December 1, 2022 pursuant to Newpark’s Amended and Restated Bylaws that he does not intend to stand for re-election at the Company's next Annual General Meeting of Stockholders in May 2023 (the “Annual Meeting”) , but instead intends to retire from the Board effective at the conclusion of the Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/71829/000007182922000190/0000071829-22-000190-index.htm

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