Team Management

Management criteria checks 2/4

Team's CEO is Keith Tucker, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is $3.61M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth €550.68K. The average tenure of the management team and the board of directors is 2.9 years and 3 years respectively.

Key information

Keith Tucker

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage	16.9%
CEO tenure	2.7yrs
CEO ownership	0.8%
Management average tenure	2.9yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Keith Tucker's remuneration changed compared to Team's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$54m
Jun 30 2024	n/a	n/a	-US$55m
Mar 31 2024	n/a	n/a	-US$68m
Dec 31 2023	US$4m	US$608k	-US$76m
Sep 30 2023	n/a	n/a	-US$110m
Jun 30 2023	n/a	n/a	-US$124m
Mar 31 2023	n/a	n/a	-US$136m
Dec 31 2022	US$2m	US$542k	-US$150m

Compensation vs Market: Keith's total compensation ($USD3.61M) is above average for companies of similar size in the German market ($USD476.59K).

Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.

CEO

Keith Tucker (54 yo)

2.7yrs

Tenure

US$3,606,768

Compensation

Mr. Keith D. Tucker served as President of Inspection & Heat Treating Group at Team, Inc. since January 2021 and also served as its Interim Chief Executive Officer since March 21, 2022 until November 22, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Caliel	Executive Chairman	2.8yrs	US$837.47k	1.54% € 1.0m
Keith Tucker	Chief Executive Officer	2.7yrs	US$3.61m	0.81% € 550.7k
Nelson Haight	Executive VP & CFO	2.4yrs	US$2.28m	0.56% € 381.5k
André Bouchard	Executive VP of Administration	16.8yrs	US$2.07m	0.74% € 505.6k
Matthew Acosta	VP & Chief Accounting Officer	3.2yrs	no data	0.016% € 10.7k
Christopher Robinson	Vice President of Corporate Development & Investor Relations	no data	no data	no data
Michael Wood	Senior Vice President of Health	6.3yrs	no data	no data

2.9yrs

Average Tenure

58yo

Average Age

Experienced Management: T9CA's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Caliel	Executive Chairman	2.8yrs	US$837.47k	1.54% € 1.0m
J. Anderson	Independent Director	3yrs	US$201.54k	0.067% € 45.5k
Edward Stenger	Independent Director	3yrs	US$215.50k	0.22% € 150.0k
Anthony Horton	Lead Independent Director	3yrs	US$219.94k	0.046% € 31.6k
Jeffery Davis	Independent Director	8.8yrs	US$214.04k	0.24% € 164.5k
Evan Lederman	Independent Director	3yrs	US$200.50k	0.17% € 114.1k
Pamela Mcginnis	Independent Director	less than a year	no data	no data

3.0yrs

Average Tenure

64yo

Average Age

Experienced Board: T9CA's board of directors are considered experienced (3 years average tenure).

Team Management

Management criteria checks 2/4

Key information

Recent management updates

Team, Inc., Annual General Meeting, May 22, 2024

Team, Inc. Appoints Pamela J. Mcginnis to Its Board of Directors

Team Inc Appoints Michael J. Caliel as Executive Chairman

High number of new and inexperienced directors

Team, Inc. Appoints Keith Tucker as Chief Executive Officer Effective as of November 22, 2022

High number of new and inexperienced directors

Recent updates

Team, Inc. Updates Earnings Guidance for the Fiscal Year 2024

Team, Inc. to Report Q3, 2024 Results on Nov 11, 2024

New major risk - Share price stability

Second quarter 2024 earnings released: US$0.63 loss per share (vs US$3.61 loss in 2Q 2023)

Team, Inc. to Report Q2, 2024 Results on Aug 08, 2024

First quarter 2024 earnings released: US$3.90 loss per share (vs US$5.69 loss in 1Q 2023)

Team, Inc. Provides Earnings Guidance for the Year 2024

Team, Inc., Annual General Meeting, May 22, 2024

Team, Inc. Appoints Pamela J. Mcginnis to Its Board of Directors

Team, Inc. Receives A Written Notice from the New York Stock Exchange Regarding Non-Compliance with the Continued Listing Standards Set in Rule 802.01B of the NYSE Listed Company Manual

Full year 2023 earnings released: US$17.32 loss per share (vs US$35.85 loss in FY 2022)

Team Inc Appoints Michael J. Caliel as Executive Chairman

Second quarter 2023 earnings released: US$3.61 loss per share (vs US$6.53 loss in 2Q 2022)

Team Regains Compliance with NYSE Continued Listing Standards

First quarter 2023 earnings released: US$5.69 loss per share (vs US$8.61 loss in 1Q 2022)

Full year 2022 earnings released: US$35.85 loss per share (vs US$60.06 loss in FY 2021)

High number of new and inexperienced directors

Team, Inc. Appoints Keith Tucker as Chief Executive Officer Effective as of November 22, 2022

High number of new and inexperienced directors

TEAM, INC. Receives Continued Listing Notice From NYSE

Baker Hughes Holdings LLC acquired Quest Integrity Business from Team, Inc. (NYSE:TISI) for approximately $279 million.

Team, Inc. announced delayed 10-Q filing

High number of new and inexperienced directors

Team Receives Non-Compliance Notice from NYSE

Team, Inc.(NYSE:TISI) dropped from Russell 2000 Value Index

Team Receives Continued Listing Standard Notice from NYSE

Team, Inc. Announces Executive Changes

Team, Inc. announced delayed 10-Q filing

First quarter 2022 earnings released: US$0.86 loss per share (vs US$1.11 loss in 1Q 2021)

Less than half of directors are independent

Team Regains Compliance with NYSE Continued Listing Standards

Independent Director recently bought €72k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Team, Inc. announced that it has received $9.999999 million in funding from Corre Partners Management, LLC

Team Receives Continued Listing Notice from NYSE

Chad Murray Notifies His Intention to Resign as President of Mechanical and Onstream Services of Team, Inc., Effective February 25, 2022

Independent Director Brian Ferraioli has left the company

Independent Director Craig Martin has left the company

Lead Independent Director Louis Waters has left the company

Director Candice Koederitz has left the company

Independent Director Gary Yesavage has left the company

Independent Director Robert Skaggs has left the company

Independent Director Michael Lucas has left the company

Less than half of directors are independent

Third quarter 2021 earnings released: US$2.94 loss per share (vs US$0.30 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.56 loss per share (vs US$0.44 loss in 2Q 2020)

First quarter 2021 earnings released: US$1.11 loss per share (vs US$6.54 loss in 1Q 2020)

Advisor has left the company

Full year 2020 earnings released: US$7.74 loss per share (vs US$1.07 loss in FY 2019)

Revenue misses expectations

Team, Inc. to Report Q4, 2020 Results on Mar 09, 2021

New 90-day high: €10.00

Team, Inc. Announces Grant Roscoe to Transition Out of President and to Serve as an Advisor

Team, Inc. Announces the Executive Leadership Appointments

New 90-day high: €9.55

New 90-day high: €9.15

Lead Independent Director recently bought €343k worth of stock

New 90-day high: €6.80

Team, Inc. Announces the Retirement of Emmett J. Lescroart as Member of the Board of Directors, Effective as of December 31, 2020

Revenue misses expectations

Third quarter 2020 earnings released: US$0.30 loss per share

Team, Inc. to Report Q3, 2020 Results on Nov 04, 2020

First half earnings released

Team, Inc. to Report Q2, 2020 Results on Aug 04, 2020

New 90-day low - €3.22

CEO Compensation Analysis

CEO

Tenure

Compensation