8-K filed February 27, 2023, 6:59 PM ET ticker OII CIK 0000073756

leadership confidence high sentiment neutral materiality 0.55

Chairman Collins to retire at May 2023 meeting; McEvoy named successor; executive compensation awards disclosed

OCEANEERING INTERNATIONAL INC

Collins not standing for re-election, effective at 2023 annual meeting (May 16, 2023); McEvoy designated as successor Chairman.
CEO Larson receives 20,000 performance units and 96,899 RSUs; other NEOs also receive awards.
2022 bonuses paid: Larson $622,155, Curtis $209,732, Lawrence $184,191, Silva $183,699, McDonald $165,264, Childress $156,439.
2023 base salaries: Larson $800,000, Curtis $452,620, Lawrence $375,000, Silva $374,000, McDonald $371,315, Childress $378,575.
Executives Lawrence and Silva retiring; not receiving new equity awards or 2023 bonus program.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David K. Lawrence

Senior Vice President, General Counsel and Secretary

OII · OCEANEERING INTERNATIONAL INC

Filed: February 27, 2023, 6:59 PM ET

Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.

Departed

Eric A. Silva

Senior Vice President and Chief Transformation Officer

OII · OCEANEERING INTERNATIONAL INC

Filed: February 27, 2023, 6:59 PM ET

Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.

Departed

T. Jay Collins

Chairman of the Board

OII · OCEANEERING INTERNATIONAL INC

Effective: 2023-05-16
Successor: M. Kevin McEvoy
Filed: February 27, 2023, 6:59 PM ET

Mr. Collins has served as a director of the Company since March 2002 and intends to retire and resign as a member of the Board and as Chairman of the Board effective upon the election of Class I directors at the 2023 Annual Meeting, which is scheduled to be held on May 16, 2023.

Role change

M. Kevin McEvoy

Chairman of the Board

OII · OCEANEERING INTERNATIONAL INC

Effective: 2023-05-16
Filed: February 27, 2023, 6:59 PM ET

the Board has designated Mr. M. Kevin McEvoy, a Class III director, to succeed Mr. Collins as Chairman of the Board upon Mr. Collins' retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David K. Lawrence departed as Senior Vice President, General Counsel and Secretary at OCEANEERING INTERNATIONAL INC.

Action: retire
Role: Senior Vice President, General Counsel and Secretary

Exact text from the filing

Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric A. Silva departed as Senior Vice President and Chief Transformation Officer at OCEANEERING INTERNATIONAL INC.

Action: retire
Role: Senior Vice President and Chief Transformation Officer

Exact text from the filing

Messrs. Lawrence and Silva have announced their intention to retire from the Company and are currently serving in supporting roles during a transition period.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

T. Jay Collins departed as Chairman of the Board at OCEANEERING INTERNATIONAL INC.

Action: retire
Role: Chairman of the Board

Exact text from the filing

Mr. Collins has served as a director of the Company since March 2002 and intends to retire and resign as a member of the Board and as Chairman of the Board effective upon the election of Class I directors at the 2023 Annual Meeting, which is scheduled to be held on May 16, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

M. Kevin McEvoy changed role as Chairman of the Board at OCEANEERING INTERNATIONAL INC.

Action: succeed
Role: Chairman of the Board

Exact text from the filing

the Board has designated Mr. M. Kevin McEvoy, a Class III director, to succeed Mr. Collins as Chairman of the Board upon Mr. Collins' retirement.

View on SEC.gov

OCEANEERING INTERNATIONAL INC filing history →

Source: SEC EDGAR

accession 0000073756-23-000012

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