secwatch.observer — SEC 8-K summary
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Issuer:     EXPRO GROUP HOLDINGS N.V. (XPRO)
CIK:        0001575828
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0001437749-25-020373
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expro appoints new CFO Sergio Maiworm effective June 30, 2025; CFO Fanning departs
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- Sergio Maiworm appointed CFO effective June 30, 2025; succeeds Quinn Fanning who leaves July 1, 2025.
- Maiworm previously EVP & CFO of Talos Energy; brings 20+ years energy/finance experience.
- Maiworm compensation: $500K base salary, target bonus 100% of base, $2.5M inducement RSU grant vesting over 3 years.
- Fanning severance: $465K cash (10 monthly installments), $25K health coverage, prorated 2025 STI, outplacement up to $15K, continued equity vesting.
- Company states change is not related to financial performance or internal controls.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575828/000143774925020373/0001437749-25-020373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575828/000143774925020373/xpro20250613_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-020373

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