Oceaneering International Inc.’s (NYSE:OII) Marvin J. Migura has decided to relinquish his position as executive vice president, effective Dec. 31. Migura will continue to serve as a senior vice president, reporting to CEO M. Kevin McEvoy, and remain a part of the executive management team at least through the end of 2016.
Migura joined Oceaneering in 1995 as senior vice president and CFO, and was appointed to the role of executive vice president in 2011.
McEvoy commented, "Marvin has been an integral member of the executive leadership team at Oceaneering since he joined the company. I truly enjoy working with him and look forward to his continued involvement in the company's strategic decision-making process and in investor relations. Furthermore, Marvin's gradual move toward retirement will help assure a smooth transition to our recently announced senior-level management changes."
Coincident with Migura's role change, Alan R. Curtis, senior vice president and CFO, and Eric A. Silva, senior vice president of operations support, will report directly to the CEO.