Civeo (NYSE: CVEO) director Szalkowski to retire as board shrinks to nine

Rhea-AI Filing Summary

Civeo Corporation reported that director Charles Szalkowski has informed the Board that he will retire from the Board at the company’s 2026 annual general meeting of shareholders. He will continue to serve as a director until that meeting.

The company stated that Mr. Szalkowski’s decision to retire was not due to any disagreement with Civeo regarding its operations, policies or practices. Civeo also noted that, as previously disclosed, the size of the Board will be reduced to nine directors effective as of the 2026 annual meeting.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): March 25, 2026

____________________

Civeo Corporation

(Exact name of registrant as specified in its charter)

British Columbia, Canada

1-36246

98-1253716

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

Three Allen Center

333 Clay Street, Suite 4400

Houston,

Texas

77002

(Address and zip code of principal executive offices)

Registrant’s telephone number, including area code: (713) 510-2400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol(s)			Name of Each Exchange on Which Registered
Common Shares, no par value			CVEO			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 25, 2026, Charles Szalkowski notified the Board of Directors (the “Board”) of Civeo Corporation (“Civeo”) that he will retire from the Board at Civeo’s 2026 annual general meeting of shareholders (the “2026 Annual Meeting”). Mr. Szalkowski will continue to serve on the Board until the time of the 2026 Annual Meeting. Mr. Szalkowski’s decision to retire from the Board was not a result of any disagreement with Civeo on any matter relating to its operations, policies or practices. The Board thanks Mr. Szalkowski for his service and contributions to Civeo.

As previously disclosed by Civeo on November 28, 2025, effective as of the 2026 Annual Meeting, the size of the Board will be reduced to nine directors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 25, 2026

            CIVEO CORPORATION

                    By: /s/ E. Collin Gerry ,

                    Name:    E. Collin Gerry

Title:    Senior Vice President, Chief Financial Officer and Treasurer

FAQ

What board change did Civeo (CVEO) announce on March 25, 2026?

Civeo announced that director Charles Szalkowski will retire from its Board at the 2026 annual general meeting. He will remain a director until that meeting, after which the Board size will be reduced to nine members as previously disclosed.

Why is Civeo director Charles Szalkowski retiring from the board?

Civeo stated that Charles Szalkowski’s decision to retire from the Board was not the result of any disagreement with the company. The filing notes no issues related to operations, policies, or practices, indicating a planned and orderly transition at the 2026 annual meeting.

When will Civeo’s (CVEO) board size change to nine directors?

Civeo expects its Board size to be reduced to nine directors effective as of the 2026 annual general meeting of shareholders. This timing aligns with the planned retirement of director Charles Szalkowski, as previously disclosed by the company in late 2025.

Does Civeo link Charles Szalkowski’s retirement to any disagreement?

No. Civeo explicitly states that Mr. Szalkowski’s decision to retire from the Board is not due to any disagreement with the company. The disclosure covers operations, policies, and practices, suggesting a routine governance change rather than a conflict-driven departure.

How long will Charles Szalkowski continue to serve on Civeo’s board?

Charles Szalkowski will continue to serve as a Civeo director until the 2026 annual general meeting of shareholders. After that meeting, he will retire from the Board, and the Board size is expected to be reduced to nine directors as previously announced.

Filing Exhibits & Attachments

3 documents

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