---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-24-000026"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:35:54.048234+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Team, Inc. appoints Pamela J. McGinnis to Board, increases board size to seven

## Summary
- Pamela J. McGinnis appointed as Class II director effective April 3, 2024; term expires at 2024 annual meeting.
- McGinnis brings over 30 years of executive experience at Phillips 66; appointed to Compensation Committee.
- Board size increased from six to seven directors; McGinnis deemed independent under NYSE rules.
- CFO Nelson Haight's severance modified: base salary continuation from 12 to 15 months; change-in-control payment from 24 to 30 months.

## SEC filing metadata
- accession: 0000318833-24-000026
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000031883324000026/0000318833-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883324000026/tisi-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-24-000026
- JSON: https://secwatch.observer/filing/0000318833-24-000026.json
- Plain text: https://secwatch.observer/filing/0000318833-24-000026.txt

## Key facts
- Executive change
  Pamela J. McGinnis was appointed as Class II Director at TEAM INC.
  - Action: appointed
  - Role: Class II Director
  source text: appointed Pamela J. McGinnis to the Board as a Class II director, effective as of April 3, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/318833/000031883324000026/0000318833-24-000026-index.htm

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