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Posted 04 February, 2022

TEAM INC appointed new CEO

CEO Change detected for ticker NYSE:TISI in a 8-K filed on 04 February, 2022.


  On January 31, 2022, Chad Murray notified Team, Inc. of his intention to resign from his position as President Mechanical and Onstream Services effective as of February 25, 2022, in order to accept an opportunity to serve as a chief executive officer at a privately-held company.  

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Overview of TEAM INC
Business/Consumer Services • General Services
Team, Inc. engages in the provision of fully-integrated, customized solutions for specialty industrial services. It operates through the Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments. The IHT segment offers non-destructive testing services primarily for the process, pipeline and power sectors, pipeline integrity management services, and field heat treating services, as well as associated engineering and condition assessment services. The MS segment refers to solutions designed to serve clients’ needs during both the operational (onstream) and off-line states of assets. Its onstream services include a range of standard to custom-engineered leak repair and composite solutions, emissions control and compliance, hot tapping and line stopping, and on-line valve insertion solutions. The company was founded in 1973 and is headquartered in Sugar Land, TX.
Market Cap
$69.5M
View Company Details
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On January 31, 2022, Chad Murray notified Team, Inc. of his intention to resign from his position as President Mechanical and Onstream Services effective as of February 25, 2022, in order to accept an opportunity to serve as a chief executive officer at a privately-held company.


Exhibit number Description 


104 Cover Page Interactive Data File (embedded within the Inline XBRL document)