Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnSeptember 30, 2021 ,Susan Ball , Executive Vice President and Chief Financial Officer ofTeam, Inc. (the "Company") informed the Company of her intention to resign from the Company for personal reasons effective as ofNovember 12, 2021 .Ms. Ball's resignation is not a result of any disagreements with the Company or the Board of Directors relating to the operations, policies or practices of the Company or any issues regarding its accounting policies or practices. The Company has commenced a search process with the assistance of a national executive search firm to identifyMs. Ball's successor. It is expected that the Company andMs. Ball will enter into a consulting agreement pursuant to whichMs. Ball will serve as a financial advisor and consultant to the Company to support the Company in the transition process, including the search for her replacement.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is furnished as part of Item 5.02 of this Current Report on Form 8-K: Exhibit number Description 99.1 Press Release datedOctober 6, 2021 104 Cover Page Interactive Data File
(embedded within the Inline XBRL
document)
--------------------------------------------------------------------------------
© Edgar Online, source