Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On November 15, 2019, the Board of Directors of Civeo Corporation (the
"Company") appointed Carolyn J. Stone to serve as Senior Vice President, Chief
Financial Officer and Treasurer of the Company, effective immediately. The
Company's current Chief Financial Officer, Frank C. Steininger, will continue to
serve as the Company's Executive Vice President, Strategic Initiatives,
principally responsible for global operational efficiency and other financial
and strategic initiatives until his planned retirement in March 2020.
Ms. Stone, 47, joined the Company in May 2014 as Vice President, Controller and
Corporate Secretary. Ms. Stone was not selected to the office described above
pursuant to any arrangements or understandings with the Company or with any
other person. There is no family relationship between Ms. Stone and any director
or executive officer of the Company, and there are no related party transactions
between Ms. Stone and the Company that would require disclosure under Item
404(a) of Regulation S-K.
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