NCS Multistage appoints Ryan Hummer as CEO effective Nov 1, 2022; founder Nipper retires but stays on Board

NCS Multistage Holdings, Inc.

Founder and CEO Robert Nipper to retire effective November 1, 2022; remains on Board.
Ryan Hummer, current CFO, appointed CEO same date; also joins Board as Class II director.
Hummer has been with NCS since 2014, served as CFO since November 2016.
Search for Hummer's successor as CFO underway, considering internal and external candidates.
Hummer's amended employment agreement: $450K base salary, target bonus 100% of base, up to 200%.

item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Ryan Hummer

Chief Executive Officer

NCSM · NCS Multistage Holdings, Inc.

Effective: 2022-11-01
Filed: August 1, 2022, 7:59 PM ET

appointment of Mr. Ryan Hummer as Chief Executive Officer, effective November 1, 2022.

Appointed

Ryan Hummer

Class II Director

NCSM · NCS Multistage Holdings, Inc.

Effective: 2022-11-01
Filed: August 1, 2022, 7:59 PM ET

appointed Ryan Hummer to the Board to serve as a Class II director with a term to expire at the 2025 Annual Meeting of Stockholders.

Departed

Robert Nipper

Chief Executive Officer

NCSM · NCS Multistage Holdings, Inc.

Effective: 2022-11-01
Successor: Ryan Hummer
Filed: August 1, 2022, 7:59 PM ET

Mr. Robert Nipper, the Company’s founder, current Chief Executive Officer and member of the board of directors (the “Board”), will retire from his position as Chief Executive Officer and remain on the Company’s Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan Hummer was appointed as Chief Executive Officer at NCS Multistage Holdings, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointment of Mr. Ryan Hummer as Chief Executive Officer, effective November 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan Hummer was appointed as Class II Director at NCS Multistage Holdings, Inc..

Action: appointed
Role: Class II Director

Exact text from the filing

appointed Ryan Hummer to the Board to serve as a Class II director with a term to expire at the 2025 Annual Meeting of Stockholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Nipper retired as Chief Executive Officer at NCS Multistage Holdings, Inc..

Action: retired
Role: Chief Executive Officer

Exact text from the filing

Mr. Robert Nipper, the Company’s founder, current Chief Executive Officer and member of the board of directors (the “Board”), will retire from his position as Chief Executive Officer and remain on the Company’s Board.

View on SEC.gov

NCS Multistage Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001692427-22-000022

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