secwatch / observer
8-K filed November 12, 2021, 6:59 PM ET ticker TISI CIK 0000318833
debt confidence high sentiment neutral materiality 0.80

Team Inc. secures $50M subordinated term loan at 12% interest, warrants at $1.50

TEAM INC

Executive movements

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

Appointed

Evan S. Lederman

Director
TISI · TEAM INC
Effective
2021-11-07
Filed
November 12, 2021, 6:59 PM ET
On November 7, 2021, the Board of Directors appointed Evan S. Lederman as a Director effective until the May 2022 annual meeting of shareholders and as a member of the Company’s Independent Subcommittee.
Appointed

Anthony Horton

Director
TISI · TEAM INC
Effective
2021-11-07
Filed
November 12, 2021, 6:59 PM ET
On November 7, 2021, the Board of Directors appointed Anthony Horton as a Director effective until the May 2022 annual meeting of shareholders and as a member of the Company’s Independent Subcommittee.
Appointed (interim)

Matt Kvarda

Interim Chief Financial Officer
TISI · TEAM INC
Filed
November 12, 2021, 6:59 PM ET
On November 7, 2021, the Board of Directors appointed Matt Kvarda, as Interim Chief Financial Officer of the Company, effective the later of November 12, 2021 or the date of the filing of the Company’s Form 10-Q, until a permanent Chief Financial Officer is appointed.
Role change

Sylvia J. Kerrigan

Lead Independent Director
TISI · TEAM INC
Effective
2021-11-07
Filed
November 12, 2021, 6:59 PM ET
On November 7, 2021, the Board of Directors designated Sylvia J. Kerrigan as the Lead Independent Director, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Evan S. Lederman was appointed as Director at TEAM INC.

Action
appointed
Role
Director
Exact text from the filing
On November 7, 2021, the Board of Directors appointed Evan S. Lederman as a Director effective until the May 2022 annual meeting of shareholders and as a member of the Company’s Independent Subcommittee.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Horton was appointed as Director at TEAM INC.

Action
appointed
Role
Director
Exact text from the filing
On November 7, 2021, the Board of Directors appointed Anthony Horton as a Director effective until the May 2022 annual meeting of shareholders and as a member of the Company’s Independent Subcommittee.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Matt Kvarda was appointed as Interim Chief Financial Officer at TEAM INC.

Action
appointed
Role
Interim Chief Financial Officer
Exact text from the filing
On November 7, 2021, the Board of Directors appointed Matt Kvarda, as Interim Chief Financial Officer of the Company, effective the later of November 12, 2021 or the date of the filing of the Company’s Form 10-Q, until a permanent Chief Financial Officer is appointed.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Sylvia J. Kerrigan changed role as Lead Independent Director at TEAM INC.

Action
designated
Role
Lead Independent Director
Exact text from the filing
On November 7, 2021, the Board of Directors designated Sylvia J. Kerrigan as the Lead Independent Director, effective immediately.
View on SEC.gov

TEAM INC filing history →

Source: SEC EDGAR
accession 0001193125-21-327218
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