Oceaneering president to take over as CEO

The president of subsea services provider Oceaneering International has been named as the company’s next Chief Executive Officer (CEO).

Oceaneering said on Tuesday that Rod Larson would succeed Kevin McEvoy as CEO immediately following the 2017 Annual Meeting of Shareholders in May.

John R. Huff, nonexecutive Chairman of Oceaneering, said: “After 38 years of dedicated service to Oceaneering in numerous positions, Kevin has led the company with skill and integrity, continuing to drive safety and positioning us for growth and change.

“The board and all of Oceaneering are proud of the accomplishments Kevin has achieved during his tenure.”

McEvoy said: “I am very pleased to turn over the CEO role to Rod. I know we can count on Rod’s direction, supported by a strong management team, to maintain focus and momentum on Oceaneering’s strategy of providing services and products that facilitate deepwater exploration and production.”

Larson served as the company’s president since February 2015 and will continue in that role parallel to his CEO duties. He previously served as the Senior Vice President and Chief Operating Officer from May 2012 to February 2015.

Before Oceaneering, Larson was with Baker Hughes for more than 20 years, where he held various positions, including serving as President of Latin America. He currently serves on the board of Newpark Resources, Inc.

The current CEO, McEvoy, will continue serving on Oceaneering’s board as a Class III Director until at least May 2019. Larson will also join Oceaneering’s board of directors when he takes over his CEO duties.

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