Dawson Geophysical enters employment agreements with new CEO, COO, and CFO

DAWSON GEOPHYSICAL CO

CEO Tony Clark: $350,000 base salary, 2-year rolling term, severance on change of control.
COO Ray Mays: $320,000 base salary, 2-year term, performance bonus for 2024 set.
CFO Ian Shaw: $10,000/month as fractional employee of Wilks Brothers, LLC; no severance.
Agreements include restrictive covenants and exclude Wilks Brothers from change of control definition.
Effective date November 20, 2023; agreements signed December 14, 2023.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ian Shaw

Chief Financial Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

Ian Shaw as the Company’s Chief Financial Officer

Appointed

Ray Mays

Chief Operating Officer and Executive Vice President

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

Ray Mays as the Company’s Chief Operating Officer and Executive Vice President

Appointed

Anthony Clark

President and Chief Executive Officer

DWSN · DAWSON GEOPHYSICAL CO

Effective: 2023-11-20
Filed: December 20, 2023, 6:59 PM ET

effective as of November 20, 2023, the Board of Directors of the Company (the “ Board ”) appointed: (i) Anthony Clark as the Company’s President and Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ian Shaw was appointed as Chief Financial Officer at DAWSON GEOPHYSICAL CO.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Ian Shaw as the Company’s Chief Financial Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ray Mays was appointed as Chief Operating Officer and Executive Vice President at DAWSON GEOPHYSICAL CO.

Action: appointed
Role: Chief Operating Officer and Executive Vice President

Exact text from the filing

Ray Mays as the Company’s Chief Operating Officer and Executive Vice President

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Clark was appointed as President and Chief Executive Officer at DAWSON GEOPHYSICAL CO.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

effective as of November 20, 2023, the Board of Directors of the Company (the “ Board ”) appointed: (i) Anthony Clark as the Company’s President and Chief Executive Officer

View on SEC.gov

DAWSON GEOPHYSICAL CO filing history →

Source: SEC EDGAR

accession 0001104659-23-127729

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