Team, Inc. announced that the Board of Directors has named Michael J. Caliel to the newly-created position of Executive Chairman of the company. Mr. Caliel has served as Team?s non-executive Chairman since March 21, 2022. As Executive Chairman, Mr. Caliel will focus on TEAM?s long-term corporate strategy development, including growth opportunities, profit improvement and strategic alternatives to enhance the Company?s enterprise value.

Mr. Caliel will also support and advise the management team incorporating longer term objectives with the day-to-day management of the business. Keith Tucker will continue to capably serve as TEAM?s Chief Executive Officer, leading the execution of the Company?s corporate strategies and managing all business operations. Michael J. Caliel is an accomplished Chief Executive Officer and Director with more than four decades of public company experience in the industrial, energy and infrastructure industries.

He has extensive knowledge of, and experience in, public company governance, strategy development, mergers and acquisitions, international operations, and finance. Mr. Caliel is a non-executive Director of Orion Group Holdings where he serves as a member of the Audit Committee and the Compensation Committee. From 2019 until it was acquired in 2022, Mr. Caliel served as Board Chair and a member of the Compensation Committee for PLH Group, a leading full-service construction and specialty contractor serving the electric power and pipeline markets.

In addition, Mr. Caliel previously served as lead operating director at DBi Services, a leading asset management and infrastructure services company, and as an independent director at FCX Performance, a leading process flow control provider. The National Association of Corporate Directors has designated Mr. Caliel as NACD Directorship Certified and previously as a Governance Fellow.