---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-21-000098"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2021-08-06T23:59:59+00:00"
generated_at: "2026-06-29T21:01:46.541092+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# TEAM, Inc. appoints Candice Koederitz to Board and Audit Committee

## Summary
- Candice Koederitz appointed to Board effective August 9, 2021; will serve as Class III director until 2022 annual meeting.
- She will serve on the Audit Committee and receive standard nonemployee director compensation: $65k cash, $87.5k stock, plus $7.5k audit retainer.
- Ms. Koederitz previously held senior roles at Morgan Stanley (Managing Director, Head of Capital, etc.) and serves on board of Vintage Wine Estates (VWE).
- No family relationships or arrangements with other directors/officers; no material transactions with the Company.

## SEC filing metadata
- accession: 0000318833-21-000098
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2021-08-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000031883321000098/0000318833-21-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883321000098/tisi-20210802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-21-000098
- JSON: https://secwatch.observer/filing/0000318833-21-000098.json
- Plain text: https://secwatch.observer/filing/0000318833-21-000098.txt

## Key facts
- Executive change
  Candice Koederitz was appointed as Director at TEAM INC.
  - Action: appointed
  - Role: Director
  source text: On August 2, 2021, the Board of Directors (the “Board”) of Team, Inc. (the “Company”) appointed Ms. Candice Koederitz to the Board of the Company and as a member of the Audit Committee effective August 9, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/318833/000031883321000098/0000318833-21-000098-index.htm

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