Geospace CTO Michael Sheen retires; Robbin Adams appointed as successor

GEOSPACE TECHNOLOGIES CORP

Michael Sheen retired as SVP & CTO effective June 30, 2023; consulting agreement for $250/hr starting July 1.
Sheen receives salary continuation (paid after 6 months, not before Jan 2024), prorated FY2023 bonus, and full vesting of unvested RSUs.
Robbin Adams, former EVP & Chief Product Engineer since 2012, appointed SVP & CTO effective July 1, 2023.
Consulting term is one year, auto-renewing; either party may terminate with 30 days' notice.

item 5.02 item 9.01

Executive movements

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Departed

Michael J. Sheen

Senior Vice President and Chief Technical Officer

GEOS · GEOSPACE TECHNOLOGIES CORP

Effective: 2023-06-30
Successor: Robbin B. Adams
Filed: July 6, 2023, 7:59 PM ET

Michael J. Sheen notified Geospace Technologies Corporation (the “Company”) of his intention to retire and resign from his position as Senior Vice President and Chief Technical Officer of the Company, to be effective June 30, 2023.

Appointed

Robbin B. Adams

Senior Vice President and Chief Technical Officer

GEOS · GEOSPACE TECHNOLOGIES CORP

Effective: 2023-07-01
Filed: July 6, 2023, 7:59 PM ET

On June 30, 2023, the Company appointed Robbin B. Adams, age 65, as Senior Vice President and Chief Technical Officer of the Company effective July 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Sheen departed as Senior Vice President and Chief Technical Officer at GEOSPACE TECHNOLOGIES CORP.

Action: retired and resigned
Role: Senior Vice President and Chief Technical Officer

Exact text from the filing

Michael J. Sheen notified Geospace Technologies Corporation (the “Company”) of his intention to retire and resign from his position as Senior Vice President and Chief Technical Officer of the Company, to be effective June 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robbin B. Adams was appointed as Senior Vice President and Chief Technical Officer at GEOSPACE TECHNOLOGIES CORP.

Action: appointed
Role: Senior Vice President and Chief Technical Officer

Exact text from the filing

On June 30, 2023, the Company appointed Robbin B. Adams, age 65, as Senior Vice President and Chief Technical Officer of the Company effective July 1, 2023.

View on SEC.gov

GEOSPACE TECHNOLOGIES CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-019450

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