FORUM ENERGY TECHNOLOGIES, INC. (NYSE:FET) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On February15, 2018, Mr.Franklin Myers, a member of the Company’s board of directors (the “Board”) and Audit Committee, notified the Company of his desire to retire from the Board, effective on March15, 2018. Mr.Myers’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, policies, practices or otherwise. In connection with Mr.Myers’s retirement, the Board resolved to reduce the size of the Board from eleven to ten directors and appointed Mr.JohnA. Carrig, a member of the Board, to serve on the Audit Committee.
|Item 5.02||Financial Statements and Exhibits.|
FORUM ENERGY TECHNOLOGIES, INC. ExhibitEX-10.1 2 d523994dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 SEVERANCE AGREEMENT THIS SEVERANCE AGREEMENT (Agreement) is made on this 16th day of February,…To view the full exhibit click
About FORUM ENERGY TECHNOLOGIES, INC. (NYSE:FET)
Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products and engages in aftermarket services, parts supply and related services. It operates through two segments: Drilling & Subsea, and Production & Infrastructure. Its product offering includes a mix of engineered capital products and replaced items that are used in the exploration, development, production and transportation of oil and natural gas. Its capital products are targeted at drilling rig equipment for rigs, upgrades and refurbishment projects; subsea construction and development projects; the placement of production equipment on producing wells; pressure pumping equipment, and downstream capital projects. Its engineered systems are components used on drilling rigs for completions or in the course of subsea operations, while its consumable products are used to maintain operations at well sites in the well construction process.