Oil States International (OIS) plans CEO transition as Cindy Taylor retires

Rhea-AI Filing Summary

Oil States International, Inc. announced a planned leadership transition, with long-time President and CEO Cindy B. Taylor retiring effective May 1, 2026. She will also step down from the Board on that date and then serve as a consultant through October 31, 2026.

The Board has appointed Lloyd A. Hajdik, currently Executive Vice President, Chief Financial Officer and Treasurer, to become President, CEO and a Board member effective May 1, 2026. The filing notes her retirement is not due to any disagreement with the company, and emphasizes continuity, citing a clean balance sheet, little to no debt, record backlog and a focused leadership team.

Matthew E. Autenrieth, currently Vice President of Finance and Assistant Treasurer, will succeed Mr. Hajdik as Executive Vice President, Chief Financial Officer and Treasurer on the same date, assuming responsibility for all financial functions and joining the executive leadership team. Existing compensation arrangements for both successors remain unchanged at this time.

Insights

Corporate governance analyst

Planned CEO retirement with internal successors signals orderly continuity.

Oil States International outlines a staged transition as CEO Cindy Taylor retires on May 1, 2026, after a long tenure. She remains as a consultant through October 31, 2026, supporting knowledge transfer and stability during the handover.

Lloyd Hajdik, the current CFO since 2016, becomes CEO and joins the Board, while Matthew Autenrieth advances to CFO on the same date. Both are long-serving internal leaders with deep experience in finance, strategy, and capital structure management.

The company highlights a clean balance sheet, little to no debt and record backlog, framing the transition as occurring from a position of operational and financial strength. Actual impact on strategy and performance will depend on how the new leadership team executes over time, which future company filings may clarify.

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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 19, 2026

Oil States International, Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-16337

76-0476605

(State or other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

Three Allen Center, 333 Clay Street, Suite 4620, Houston, Texas 77002

Registrant’s telephone number, including area code: (713) 652-0582

Not Applicable

(Former name or former address if changed since last report.)

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:

☐    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 stock, par value $0.01 per share

OIS

New York Stock Exchange

NYSE Texas

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

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.

Chief Executive Officer Succession

On March 19, 2026, Cindy B. Taylor, notified the Board of Directors (the “Board”) of Oil States International, Inc. (the “Company”) of her intention to retire from her positions as the Company’s President and Chief Executive Officer (“CEO”), effective as of May 1, 2026 (the “Retirement Date”). Also on March 19, 2026, Ms. Taylor notified the Board that she intends to resign from the Board effective as of the Retirement Date. Ms. Taylor’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Ms. Taylor is expected to continue her relationship with the Company in a consulting role through October 31, 2026, on consulting terms to be agreed upon.

On March 20, 2026, the Board appointed Lloyd A. Hajdik, the Company’s current Executive Vice President, Chief Financial Officer and Treasurer, to succeed Ms. Taylor as CEO, effective May 1, 2026. In connection with Mr. Hajdik’s appointment as CEO, the Board appointed Mr. Hajdik to the Board, effective May 1, 2026. At this time no changes have been made to Mr. Hajdik’s compensation arrangements.

Mr. Hajdik, age 60, joined the Company in December 2013. He has served as our Executive Vice President, Chief Financial Officer and Treasurer since May 2016 and as our Senior Vice President, Chief Financial Officer and Treasurer from December 2013 to May 2016. Prior to joining the Company, he served as the Chief Financial Officer of GR Energy Services, LLC, a privately-held oilfield services entity, from September to November 2013. From December 2003 to April 2013, Mr. Hajdik served in various financial management roles with Helix Energy Solutions Group, Inc. (“Helix”), most recently as Senior Vice President – Finance and Chief Accounting Officer. Prior to joining Helix, Mr. Hajdik served in a variety of accounting and finance related roles of increasing responsibility with Houston-based companies, including NL Industries, Inc., Compaq Computer Corporation (now Hewlett Packard), Halliburton Company, Cliffs Drilling Company and Shell Oil Company. Mr. Hajdik was with Ernst & Young LLP in the audit practice from 1989 to 1995. Mr. Hajdik is an Advisory Board Member for the Energy Workforce & Technology Council, a Certified Public Accountant and a member of Financial Executives International.

There are no family relationships between Mr. Hajdik and any Board member or executive officer, and there have been no transactions between Mr. Hajdik or any of his immediate family members and the Company or any of its subsidiaries that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Exchange Act at this time.

Chief Financial Officer Succession

On March 20, 2026, the Board appointed Matthew E. Autenrieth, the Company’s current Vice President of Finance and Assistant Treasurer, to succeed Mr. Hajdik as Executive Vice President, Chief Financial Officer and Treasurer, effective as of May 1, 2026. At this time no changes have been made to Mr. Autenrieth’s compensation arrangements.

Mr. Autenrieth, age 42, joined the Company in December 2007. He has served as our Vice President of Finance and Assistant Treasurer since May 2025, Director, Corporate Planning and Development from May 2020 to May 2025, and Corporate Development Manager from June 2016 to May 2020. Mr. Autenrieth is responsible for the Company’s treasury administration, corporate development, risk management, and financial planning and analysis functions as a trusted advisor to the executive management team. In this capacity and throughout his tenure with the Company, Mr. Autenrieth has held positions of increasing levels of responsibility. He has played a critical role in management of the Company’s lender relationships, credit facilities and other debt financing initiatives, evaluation and execution of numerous strategic acquisitions and divestitures, development of long-term strategic forecasting and financial modeling initiatives and management of the Company’s business risk insurance portfolio. Mr. Autenrieth holds an M.B.A. and a B.B.A. in Finance from Houston Christian University.

In connection with Mr. Autenrieth’s appointment, the Company will enter into an indemnification agreement with Mr. Autenrieth similar to the indemnification agreement entered into with all other executive officers of the Company, the form of which is filed as Exhibit 10.14 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2004, as filed with the SEC on November 5, 2004.

There are no family relationships between Mr. Autenrieth and any Board member or executive officer, and there have been no transactions between Mr. Autenrieth or any of his immediate family members and the Company or any of its subsidiaries that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Exchange Act at this time.

Item 8.01 Other Events.

A copy of the press release, dated March 23, 2026, announcing the leadership changes summarized above is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1			Press release dated March 23, 2026
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

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.

OIL STATES INTERNATIONAL, INC.

(Registrant)

Date:

March 23, 2026

By:

/s/  LLOYD A. HAJDIK

Lloyd A. Hajdik

Executive Vice President, Chief Financial Officer & Treasurer

EXHIBIT 99.1

Press Release

Oil States Announces Retirement of Cindy Taylor and

Appointment of Lloyd Hajdik as CEO Effective May 1, 2026

HOUSTON, March 23, 2026 – Oil States International, Inc. (NYSE: OIS) announced today that Cindy Taylor, Oil States’ President and Chief Executive Officer, has informed the Board of Directors of her plans to retire, and Lloyd Hajdik, Oil States’ current Executive Vice President, Chief Financial Officer and Treasurer, will succeed her and serve as President and Chief Executive Officer, effective May 1, 2026. Mr. Hajdik will also join the Board effective with his appointment as President and CEO. Mrs. Taylor has agreed to stay on through October 31, 2026 in a consulting role. This plan reflects the Board’s ongoing commitment to long-term succession planning and leadership continuity.

“On behalf of the Board, I want to thank Cindy for her leadership and lasting impact on Oil States,” said Robert L. Potter, Oil States’ Chairman of the Board. “With more than twenty-five years of service to Oil States and nineteen years as CEO, Cindy has guided Oil States through many industry cycles. Her leadership has shaped a culture of integrity, innovation, and excellence that will continue to shape Oil States’ future.”

Mr. Potter continued, “The Board is confident that Lloyd is well-prepared to assume the role of CEO. He is a proven leader with a strong track record of accomplishments. Lloyd has helped shape Oil States’ strategy, focusing on enhancing stockholder returns. Lloyd’s knowledge of the business and trusted leadership will ensure a seamless transition.”

“It has been an immense privilege to serve Oil States as CEO,” said Mrs. Taylor. “I am deeply grateful to all Oil States employees and the Board for their enduring support and contributions. I am also grateful to have spent the past twelve years working with Lloyd. He is an outstanding leader who knows our business, our people, and our customers well. I leave Oil States in a good place, with a clean balance sheet, little to no debt, record backlog, strong technology and a highly focused leadership team.”

Lloyd Hajdik added, “I am honored to succeed Cindy and grateful for the confidence the Board has placed in me. Without Cindy’s leadership, Oil States would not be the resilient and innovative company it is today. On behalf of the entire organization, I’d like to thank Cindy for her strong leadership, and for fostering a culture of integrity and excellence. I look forward to building on that legacy and working with our talented team to drive continued success. Oil States will continue delivering the critical technologies that enable safe, efficient, and reliable energy production worldwide, while strengthening our operations to drive long-term stockholder value.”

Mr. Hajdik joined the Company in December 2013. He has served as Oil States’ Executive Vice President, Chief Financial Officer and Treasurer since May 2016 and as Oil States’ Senior Vice President, Chief Financial Officer and Treasurer from December 2013 to May 2016. Prior to joining the Company, he served as the Chief Financial Officer of GR Energy Services, LLC, a privately-held oilfield services entity, from September to November 2013. From December 2003 to April 2013, Mr. Hajdik served in various financial management roles with Helix Energy Solutions Group, Inc. (“Helix”), most recently as Senior Vice President – Finance and Chief Accounting Officer. Prior to joining Helix, Mr. Hajdik served in a variety of accounting and finance related roles of increasing responsibility with Houston-based companies, including NL Industries, Inc., Compaq Computer Corporation (now Hewlett Packard), Halliburton, Cliffs Drilling Company and Shell Oil Company. Mr. Hajdik was with Ernst & Young LLP in the audit practice from 1989 to 1995. Mr. Hajdik is an Advisory Board Member for the Energy Workforce & Technology Council, a Certified Public Accountant and a member of Financial Executives International.

Further, Oil States will appoint Matthew E. Autenrieth as Executive Vice President, Chief Financial Officer and Treasurer to take effect upon Mr. Hajdik’s appointment as CEO on May 1, 2026. Mr. Autenrieth joined the Company in December 2007, and has served the Company in various financial leadership roles, most recently as Vice President of Finance and Assistant Treasurer. Mr. Autenrieth is responsible for the Company’s treasury administration, corporate development, risk management, and financial planning and analysis functions as a trusted advisor to the executive management team. In this capacity and throughout his tenure with the Company, Mr. Autenrieth has held positions of increasing levels of responsibility. He has played a critical role in management of the Company’s lender relationships, credit facilities and other debt financing initiatives, evaluation and execution of numerous strategic acquisitions and divestitures, development of long-term strategic forecasting and financial modeling initiatives and management of the Company’s business risk insurance portfolio. Mr. Autenrieth holds an M.B.A. and a B.B.A. in Finance from Houston Christian University.

Mr. Autenrieth will assume responsibility for all financial functions and will report directly to the CEO, and serve as a member of the executive leadership team.

About Oil States

Oil States International, Inc. is a global provider of manufactured products and services to customers in the energy, military and industrial sectors. The Company’s manufactured products include highly engineered capital equipment and consumable products. Oil States is headquartered in Houston, Texas with manufacturing and service facilities strategically located across the globe. Oil States is publicly traded on the New York Stock Exchange and NYSE Texas under the symbol “OIS”.

For more information on the Company, please visit Oil States International’s website at www.oilstatesintl.com.

Cautionary Language Concerning Forward Looking Statements

The foregoing contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are those that do not state historical facts and are, therefore, inherently subject to risks and uncertainties. The forward-looking statements included herein are based on current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those forward-looking statements. Such risks and uncertainties include, among others, the impact of changes in tariffs and duties on imported materials and exported finished goods, the level of supply and demand for oil and natural gas, fluctuations in the current and future prices of oil and natural gas, the level of exploration, drilling and completion activity, general global economic conditions, the cyclical nature of the oil and natural gas industry, geopolitical conflicts and tensions, the financial health of our customers, the actions of the Organization of Petroleum Exporting Countries (“OPEC”) and other producing nations (together with OPEC, “OPEC+”) with respect to crude oil production levels and pricing, supply chain disruptions, including as a result of natural disasters, industrial accidents, additional trade restrictions or the adoption of or increase in tariffs, or the threat thereof, the impact of environmental matters, including executive actions and regulatory efforts to adopt environmental or climate change regulations that may result in increased operating costs or reduced oil and natural gas production or demand globally, consolidation of our customers, our ability to access and the cost of capital in the bank and capital markets, our ability to develop new competitive technologies and products, and other factors discussed in the “Business” and “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof, and, except as required by law, the Company undertakes no obligation to update those statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments.

Company Contact:

Lloyd A. Hajdik

Oil States International, Inc.

Executive Vice President, Chief Financial Officer and Treasurer

(713) 652-0582

FAQ

What leadership changes did Oil States International (OIS) announce in this 8-K?

Oil States International announced that Cindy Taylor will retire as President and CEO on May 1, 2026, with CFO Lloyd Hajdik becoming President, CEO and a Board member, and Matthew Autenrieth promoted to Executive Vice President, Chief Financial Officer and Treasurer on the same date.

When will Cindy Taylor retire as CEO of Oil States International (OIS)?

Cindy Taylor will retire as President and CEO effective May 1, 2026, and resign from the Board the same day. She will then remain with Oil States as a consultant through October 31, 2026 under terms to be agreed upon with the company.

Who will succeed Cindy Taylor as CEO of Oil States International (OIS)?

Lloyd A. Hajdik, currently Executive Vice President, Chief Financial Officer and Treasurer, will become President and Chief Executive Officer on May 1, 2026. He will also join the Board of Directors effective with his appointment as CEO, providing continuity from an experienced internal leader.

Who will be the new Chief Financial Officer of Oil States International (OIS)?

Matthew E. Autenrieth will become Executive Vice President, Chief Financial Officer and Treasurer effective May 1, 2026, succeeding Lloyd Hajdik. Autenrieth has been with Oil States since 2007 in progressively senior finance roles, most recently as Vice President of Finance and Assistant Treasurer overseeing key financial functions.

Did Cindy Taylor’s retirement from Oil States International (OIS) arise from any disagreement?

The filing states that Cindy Taylor’s retirement is not the result of any disagreement with Oil States on operations, policies or practices. It is presented as a planned leadership succession, supported by her continuing in a consulting role through October 31, 2026 to aid transition.

Will there be immediate compensation changes for the new CEO and CFO at Oil States International (OIS)?

At the time of the filing, no changes had been made to the compensation arrangements for incoming CEO Lloyd Hajdik or incoming CFO Matthew Autenrieth. The company also plans to enter into a standard executive indemnification agreement with Autenrieth, consistent with other Oil States executive officers.

How does Oil States International (OIS) describe its position entering this leadership transition?

Cindy Taylor describes Oil States as being in a good place, citing a clean balance sheet, little to no debt, record backlog, strong technology and a highly focused leadership team. The Board emphasizes long-term succession planning and leadership continuity as key elements of the transition plan.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 13.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.8 KB