---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-26-000057"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2026-10-06T20:07:15+00:00"
generated_at: "2026-10-12T16:20:27.160283+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Team, Inc. names George Philip Chief Accounting Officer as Matthew Acosta departs

## Summary
- Matthew Acosta departed as Vice President, Chief Accounting Officer effective October 1, 2026; the company said the exit was not due to any disagreement over operations, policies or practices.
- George Philip, 47, was appointed Chief Accounting Officer effective October 2, 2026, succeeding Acosta.
- Philip has been Team's Corporate Controller since October 2021 and was Director of SEC Reporting and Technical Accounting from June 2021 to October 2021.
- Philip is a CPA in Texas and California and a Fellow Member of the Association of Chartered Certified Accountants.
- The company will enter into its standard form of indemnity agreement with Philip; no family relationships or Item 404(a) related-party transactions were disclosed.

## SEC filing metadata
- accession: 0000318833-26-000057
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2026-10-06T20:07:15+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/0000318833-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/tisi-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-26-000057
- JSON: https://secwatch.observer/filing/0000318833-26-000057.json
- Plain text: https://secwatch.observer/filing/0000318833-26-000057.txt

## Key facts
- Executive change
  Matthew Acosta departed as Vice President, Chief Accounting Officer at TEAM INC.
  - Action: departed
  - Role: Vice President, Chief Accounting Officer
  source text: On October 1, 2026, Team, Inc. (the “Company”) announced that Matthew Acosta will depart from his role as Vice President, Chief Accounting Officer of the Company, effective as of October 1, 2026. Mr. Acosta’s departure is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
  evidence_url: https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/0000318833-26-000057-index.htm
- Executive change
  George Philip was appointed as Chief Accounting Officer at TEAM INC.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: Also on October 1, 2026, the Company announced that George Philip has been appointed as Chief Accounting Officer of the Company, effective as of October 2, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/318833/000031883326000057/0000318833-26-000057-index.htm

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