OII · Oceaneering International Inc · Executive Compensation

$35.63 +0.85 (+2.44%) At close · Nov 13 Play latest call Q3 2026 earnings call transcript

S&P 600 member Russell 2000 member Rebalance outlook locked

Customer concentration — key customers 31% of revenue

Key customers — 31% of revenue (2025)

“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”

One customer — 12% of revenue (the year ended December 31, 2025)

“For the year ended December 31, 2025, revenue from one customer, the U.S. Government, accounted for 12% of our total consolidated annual revenue, and no other customer accounted for more than 10% of our total consolidated revenue.”

Key customers — 31% of revenue (2024)

“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”

Key customers — 36% of revenue (2023)

“Our top five customers in 2025, 2024 and 2023 accounted for 31%, 31% and 36%, respectively, of our consolidated revenue.”

One customer — 10% of revenue (the year ended December 31, 2023)

“For the year ended December 31, 2023, revenue from one customer, the U.S. Government, accounted for 10% of our total consolidated annual revenue, and no other customer accounted for more than 10% of our total consolidated revenue.”

View the 10-K filed Feb 20, 2026

Market Cap

$3.54B

99.43M

Volume · Nov 13 733.71K Avg daily vol (3M) 967.34K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$910,000	—	$2,027,796	—	$4,282,425	$515,449	$7,735,670
Alan Curtis	Senior Vice President and Chief Financial Officer	$503,500	—	$651,699	—	$1,536,647	$180,102	$2,871,948
Jennifer F. Simons	Senior Vice President, Chief Legal Officer and Secretary	$453,600	—	$391,413	—	$924,153	$138,867	$1,908,033
Benjamin M. Laura	Senior Vice President and Chief Operating Officer	$472,600	—	$407,803	—	$844,071	$143,359	$1,867,833
Martin J. McDonald	Senior Vice President,	$405,500	—	$253,682	—	$738,273	$137,424	$1,534,879

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$840,000	—	$2,218,135	—	$3,869,106	$474,753	$7,401,994
Alan Curtis	Senior Vice President and Chief Financial Officer	$466,199	—	$738,631	—	$1,285,840	$162,963	$2,653,633
Martin J. McDonald	Senior Vice President,	$386,168	—	$295,716	—	$662,743	$128,067	$1,472,694
Earl F. Childress	Senior Vice President and Chief Commercial Officer	$389,881	—	$267,682	—	$598,063	$135,200	$1,390,826
Benjamin M. Laura	Senior Vice President and Chief Innovation Officer	$394,748	—	$312,721	—	$506,253	$122,440	$1,336,162
Jennifer F. Simons	Senior Vice President, Chief Legal Officer and Secretary	$420,000	—	$388,166	—	$273,105	$127,188	$1,208,459

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$800,000	—	$1,917,631	—	$4,579,303	$456,103	$7,753,037
Alan Curtis	Senior Vice President and Chief Financial Officer	$452,620	—	$650,972	—	$1,528,946	$157,333	$2,789,871
Jennifer F. Simons	Senior Vice President, Chief Legal Officer and Secretary	$400,000	$325,000	$1,187,919	—	$320,400	$121,367	$2,354,686
Martin J. McDonald	Senior Vice President,	$371,315	—	$258,121	—	$785,972	$120,616	$1,536,024
Subsea Robotics	—	$371,315	—	$258,121	—	$785,972	$120,616	$1,536,024
Earl F. Childress	Senior Vice President and Chief Commercial Officer	$378,525	—	$226,833	—	$671,289	$129,402	$1,406,049

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$760,000	—	$1,473,176	—	$3,094,211	$427,421	$5,754,808
Alan Curtis	Senior Vice President and Chief Financial Officer	$427,000	—	$479,190	—	$1,013,892	$149,121	$2,069,203
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$375,000	—	$306,060	—	$697,776	$119,019	$1,497,855
Eric A. Silva	Senior Vice President,	$374,000	—	$228,927	—	$567,861	$117,672	$1,288,460
Martin J. McDonald	Senior Vice President,	$360,500	—	$213,316	—	$523,176	$115,559	$1,212,551
Subsea Robotics	—	$360,500	—	$213,316	—	$523,176	$115,559	$1,212,551
Earl F. Childress	Senior Vice President and Chief Commercial Officer	$367,500	—	$179,960	—	$444,047	$122,381	$1,113,888

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$760,000	—	$1,795,488	—	$3,543,108	$417,583	$6,516,179
Alan Curtis	Senior Vice President and Chief Financial Officer	$427,000	—	$584,029	—	$1,137,735	$138,812	$2,287,576
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$375,000	—	$373,022	—	$854,793	$108,732	$1,711,547
Eric A. Silva	Senior Vice President,	$374,000	—	$279,023	—	$740,374	$108,513	$1,501,910
Subsea Robotics	—	$360,500	—	$259,989	—	$696,548	$108,299	$1,425,336
Martin J. McDonald	Senior Vice President,	$360,500	—	$259,989	—	$696,548	$108,299	$1,425,336

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$683,689	—	$1,104,042	—	$3,069,151	$394,867	$5,251,749
Charles W. Davison	Chief Operating Officer	$578,497	$1,000,000	$474,038	—	$503,929	$231,227	$2,787,691
Alan Curtis	Senior Vice President and Chief Financial Officer	$398,417	—	$359,124	—	$859,675	$138,832	$1,756,048
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$349,898	—	$229,377	—	$714,447	$111,037	$1,404,759
Eric A. Silva	Senior Vice President and Chief Transformation Officer	$348,964	—	$171,567	—	$562,424	$111,004	$1,193,959
Strategic Planning	—	$348,964	—	$171,567	—	$562,424	$111,004	$1,193,959

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$721,000	—	$1,286,151	—	$1,217,794	$405,260	$3,630,205
Charles W. Davison	Chief Operating Officer	$360,110	—	$1,817,776	—	$370,845	$139,176	$2,687,907
Alan Curtis	Senior Vice President and Chief Financial Officer	$406,065	—	$402,426	—	$366,582	$138,622	$1,313,695
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$363,825	—	$274,021	—	$325,542	$109,394	$1,072,782
Stephen P. Barrett	Senior Vice President, Business Development	$334,750	—	$265,400	—	$296,345	$74,816	$971,311

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$700,000	—	$1,120,554	—	$411,072	$393,463	$2,625,089
Alan Curtis	Senior Vice President and Chief Financial Officer	$369,150	—	$288,900	—	$130,069	$127,723	$915,842
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$346,500	—	$234,198	—	$113,949	$106,476	$801,123
Stephen P. Barrett	Senior Vice President, Business Development	$325,000	—	$231,228	—	$106,879	$86,092	$749,199

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Roderick Larson	President and Chief Executive Officer	$650,685	—	$1,303,332	—	$213,807	$344,615	$2,512,439
Alan Curtis	Senior Vice President and Chief Financial Officer	$330,000	—	$254,616	—	$60,723	$118,431	$827,234
David K. Lawrence	Senior Vice President, General Counsel and Secretary	$330,000	—	$254,616	—	$60,723	$99,872	$745,211
Stephen P. Barrett	Senior Vice President, Business Development	$325,000	—	$278,615	—	$59,803	$77,531	$740,949

Executive changes

Person	Role	Change	Effective	Filed
Alan R. Curtis	Senior Vice President and Chief Financial Officer	Retired	2026-01-01	2025-12-22
Michael W. Sumruld	Senior Vice President and Chief Financial Officer	Appointed	2026-01-01	2025-12-22
Roger Jenkins	independent, non-executive director, in Class III	Appointed	2026-01-01	2025-12-22
Michael W. Sumruld	Senior Vice President of Finance	Appointed	2025-09-01	2025-06-06
Alan R. Curtis	Senior Vice President and Chief Financial Officer	Retired	2026-01-01	2025-06-06
Benjamin M. Laura	Senior Vice President and Chief Operating Officer	Appointed	2025-01-01	2024-11-21
Reema Poddar	independent, non-executive director	Appointed	2024-02-22	2024-02-27
Catherine E. Dunn	Vice President and Chief Accounting Officer	Appointed	2023-12-01	2023-11-17
Witland J. LeBlanc, Jr.	Vice President and Chief Accounting Officer	Resigned	2023-08-07	2023-07-10
T. Jay Collins	Chairman of the Board	Retired	2023-05-16	2023-02-27
David K. Lawrence	Senior Vice President, General Counsel and Secretary	Retired	—	2022-10-21
Dr. Kavitha Velusamy	member of the Board of Directors	Resigned	2022-09-14	2022-09-16
Benjamin M. Laura	Senior Vice President and Chief Innovation Officer	Appointed	2022-10-01	2022-08-24
Eric A. Silva	Senior Vice President and Chief Transformation Officer	Retired	2022-10-01	2022-08-24

Leadership

Michael W. Sumruld CFO
Benjamin M. Laura COO, CIO
Catherine E. Dunn Chief Accounting Officer
Deanna L. Goodwin Board Member
Jon Erik Reinhardsen Board Member
Karen H. Beachy Board Member
M. Kevin McEvoy Board Member
Paul B. Murphy Board Member
Reema Poddar Board Member
Roderick Larson Board Member
Roger Jenkins Board Member
Roger W. Jenkins Board Member
Steven A. Webster Board Member
William B. Berry Board Member

Key facts CIK 73756 CUSIP 675232102 13F (30d) 356 filings 303 filers Visit website Investor relations