secwatch.observer — SEC 8-K summary
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Issuer:     OCEANEERING INTERNATIONAL INC (OII)
CIK:        0000073756
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0000073756-23-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/73756/000007375623000012/0000073756-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/73756/000007375623000012/oii-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000073756-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer