AGM/EGMMay 1, 2026, 04:17 PM
Drilling Tools Elects Directors, Appoints New Chairman & Lead Director
AI Summary
Drilling Tools International Corp. held its 2026 Annual Meeting of Stockholders on April 28, 2026, where three new directors were elected and four existing directors were reelected. R. Wayne Prejean was appointed Chairman of the Board, while continuing as President and CEO, and John D. Furst was designated Lead Independent Director. Additionally, Thomas M. Patterson and C. Richard Vermillion ceased serving as directors, and Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal year 2026.
Key Highlights
- Ira H. Green, Jr., Daniel J. Kimes, and Jeremy D. Thigpen elected as new directors.
- R. Wayne Prejean, Curtis L. Crofford, John D. Furst, and Eric Neuman reelected as directors.
- R. Wayne Prejean appointed Chairman of the Board, continuing as President & CEO.
- John D. Furst appointed Lead Independent Director.
- Thomas M. Patterson and C. Richard Vermillion ceased serving as directors.
- Annual Meeting had 53.39% of shares present (18,789,793 shares).
- Grant Thornton LLP ratified as independent auditor with 18,776,126 votes.
Price Impact
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