secwatch.observer — SEC 8-K summary
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Issuer:     TEAM INC (TISI)
CIK:        0000318833
Form:       8-K
Filed at:   2022-03-18T23:59:59+00:00
Accession:  0001193125-22-079505
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TEAM Inc. CEO Amerino Gatti departs; Keith Tucker named Interim CEO
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- Amerino Gatti resigns as Chairman, CEO and director effective March 21, 2022; not due to any disagreement.
- Keith Tucker appointed Interim CEO; previously President of Inspection & Heat Treating segment.
- Michael Caliel, who joined Board in Feb 2022, named non-executive Chairman.
- Gatti receives 18 months base salary, $19K health benefits, $25K outplacement, plus $39,583/month consulting fee for 12 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318833/000119312522079505/0001193125-22-079505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318833/000119312522079505/d486377d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-079505

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer