---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-114515"
form_type: "8-K"
ticker: null
cik: "0000886835"
company_name: "SUPERIOR ENERGY SERVICES INC"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T15:07:09.046550+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CFO James Spexarth to resign by Dec 31, 2024; receives ~$1.87M severance plus accelerated retention bonus

## Summary
- James Spexarth, EVP, CFO and Treasurer, intends to resign effective no later than December 31, 2024, to pursue other opportunities.
- Departure is not related to any disagreements over financial disclosures, accounting matters, or other business issues.
- Severance includes lump sum of ~$1.87M (two times salary plus target bonus) plus pro-rated target bonus, subject to waiver and release.
- Spexarth receives acceleration of previously granted retention bonus of $772,481; will forfeit all unvested restricted stock units.

## SEC filing metadata
- accession: 0000950170-24-114515
- form_type: 8-K
- cik: 0000886835
- company_name: SUPERIOR ENERGY SERVICES INC
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886835/000095017024114515/0000950170-24-114515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886835/000095017024114515/spn-20241015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-114515
- JSON: https://secwatch.observer/filing/0000950170-24-114515.json
- Plain text: https://secwatch.observer/filing/0000950170-24-114515.txt

## Key facts
- Executive change
  James Spexarth departed as Executive Vice President, Chief Financial Officer and Treasurer at SUPERIOR ENERGY SERVICES INC.
  - Action: resign
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: On October 15, 2024 Superior Energy Services, Inc. (the “ Company ”) announced that James Spexarth, the Company’s Executive Vice President, Chief Financial Officer and Treasurer, intends to resign from all positions with the Company effective no later than December 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/886835/000095017024114515/0000950170-24-114515-index.htm

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