Oil States International Files Proxy for Annual Meeting, Nominating Incoming CEO Lloyd Hajdik to Board

summarizeSummary

Oil States International filed its definitive proxy statement for the 2026 Annual Meeting, detailing proposals including the election of incoming CEO Lloyd A. Hajdik to the Board, an advisory vote on executive compensation, and the ratification of Deloitte & Touche LLP as the independent auditor.

check_boxKey Events

• Annual Meeting Scheduled

  The 2026 Annual Meeting of Stockholders will be held virtually on Tuesday, May 12, 2026, at 9:00 a.m. central daylight time.

• Incoming CEO Nominated to Board

  Lloyd A. Hajdik, the incoming President and Chief Executive Officer (effective May 1, 2026), has been formally nominated for election as a Class I Director to serve until the 2029 Annual Meeting. This follows the previously announced leadership transition where Cindy B. Taylor is retiring from the Board.

• Executive Compensation Advisory Vote

  Shareholders will conduct an advisory vote to approve executive compensation. The Compensation Committee reduced the CEO's long-term incentive award value by approximately 11% in 2025.

• Auditor Ratification Proposed

  The Board recommends shareholders ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026. This follows Deloitte's engagement in February 2025 after the dismissal of Ernst & Young LLP.

auto_awesomeAnalysis

This definitive proxy statement outlines key corporate governance proposals for the upcoming Annual Meeting. The most significant item is the formal nomination of Lloyd A. Hajdik as a Class I Director, which is directly linked to his appointment as President and CEO, a leadership transition previously announced. This filing provides shareholders with the necessary details to vote on this and other proposals, including an advisory vote on executive compensation and the ratification of the independent auditor. The executive compensation section notes a reduction in the CEO's long-term incentive value, indicating responsiveness to market conditions.