Civeo Corp Appoints New Director, Loses Another
Ticker: CVEO · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1590584
| Field | Detail |
|---|---|
| Company | Civeo Corp (CVEO) |
| Form Type | 8-K |
| Filed Date | Jun 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $380,000, $92,000, $478,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, director-appointment, director-departure
TL;DR
Civeo adds Minogue to board, McMan departs.
AI Summary
Civeo Corp announced on June 6, 2024, the appointment of Michael P. Minogue as a new director, effective immediately. Minogue brings extensive experience in the energy and industrial services sectors. The company also reported on the departure of director Robert L. McMan to pursue other opportunities.
Why It Matters
The addition of a new director with relevant industry experience could signal strategic shifts or enhanced governance for Civeo Corp.
Risk Assessment
Risk Level: low — The filing reports routine board changes and does not indicate any significant financial or operational risks.
Key Players & Entities
- Civeo Corp (company) — Registrant
- Michael P. Minogue (person) — Newly appointed director
- Robert L. McMan (person) — Departing director
- June 6, 2024 (date) — Effective date of director appointment
FAQ
Who is Michael P. Minogue and what is his background?
The filing states Michael P. Minogue was appointed as a director. While his specific background isn't detailed in this excerpt, his appointment suggests relevant experience.
Why did Robert L. McMan depart from the board?
Robert L. McMan departed to pursue other opportunities, as stated in the filing.
When was Michael P. Minogue appointed to the board?
Michael P. Minogue was appointed as a director effective June 6, 2024.
What is Civeo Corp's primary business?
Civeo Corp is in the business of Hotels, Rooming House, Camps & Other Lodging Places, as indicated by its SIC code.
What is the filing date for this 8-K?
This 8-K filing was made on June 12, 2024, reporting events as of June 6, 2024.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-06-12 08:04:59
Key Financial Figures
- $380,000 — Mr. Gerry will receive a base salary of $380,000 per year with targeted annual cash bonu
- $92,000 — with a fair value on the grant date of $92,000. This grant was in addition to the equi
- $478,000 — was in addition to the equity grant of $478,000 that Mr. Gerry received in March 2024 i
Filing Documents
- cveo-20240606.htm (8-K) — 25KB
- 0001590584-24-000114.txt ( ) — 152KB
- cveo-20240606.xsd (EX-101.SCH) — 2KB
- cveo-20240606_lab.xml (EX-101.LAB) — 23KB
- cveo-20240606_pre.xml (EX-101.PRE) — 13KB
- cveo-20240606_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 12, 2024 CIVEO CORPORATION By: /s/ Bradley Dodson , Name: Bradley Dodson Title: President and Chief Executive Officer