Team Inc. appoints Gary Hill as CEO effective Feb 1; Keith Tucker retires

TEAM INC

Keith Tucker retires after 20 years; departure not due to any disagreement.
Gary Hill appointed CEO effective Feb 1, 2026; brings 30+ years in industrial services.
Hill receives $750k base salary, 100% target bonus, sign-on RSUs ($562.5k) and PSUs ($1.3125M).
Severance enhanced: 18 months base salary without cause; 2 years base + bonus on change in control.
Company reaffirms previously issued 2025 outlook.

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