Team, Inc. Announces Executive Promotion to Lead and Accelerate Transformation Effort

Core Viewpoint - Team, Inc. has appointed Daniel Dolson as Executive Vice President, Chief Strategy and Transformation Officer to lead the company's transformation efforts aimed at achieving specific financial and operational targets set by the Board of Directors [1][3] Group 1: Transformation Plan - The transformation plan includes improving critical processes across the organization, generating annual cost savings and margin improvements, and increasing focus on commercial strategy and execution to drive consistent revenue growth worldwide [6] - Daniel Dolson brings over 25 years of operational and financial experience, having previously held executive roles at Dayton Superior Corporation and Associated Materials LLC, which positions him well to lead the transformation [2][3] Group 2: Leadership and Commitment - Keith D. Tucker, the CEO, expressed pride in the company's progress and emphasized the commitment to accelerate business performance and enhance capabilities through the transformation plan [3] - Michael J. Caliel, Executive Chair of the Board, highlighted the necessity of having a dedicated executive for the transformation, affirming Dolson's unique skill set and experience [3] Group 3: Company Overview - Team, Inc. is a global provider of specialty industrial services, offering a full suite of mechanical, heat-treating, and inspection services, with operations in over 20 countries [4] - The company focuses on delivering technological innovation combined with over a century of management expertise to enhance safety, reliability, and operational efficiency for its customers [4]