Oceaneering International Announces CFO Succession Plan

An announcement from Oceaneering International ( (OII) ) is now available.

Oceaneering International announced a CFO succession plan with Alan R. Curtis retiring as CFO effective January 1, 2026, after a long tenure with the company. Michael W. Sumruld will join as Senior Vice President of Finance in September 2025 and is expected to succeed Curtis, ensuring a smooth transition and continued focus on growth and shareholder value.

The most recent analyst rating on (OII) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Oceaneering International stock, see the OII Stock Forecast page.

Spark’s Take on OII Stock

According to Spark, TipRanks’ AI Analyst, OII is a Outperform.

Oceaneering International’s strong overall performance is driven by robust earnings growth and stable financials. The stock’s reasonable valuation and positive earnings call sentiment further support the score. Technical indicators suggest a neutral trend, while challenges in cash flow and certain segments temper the outlook.

To see Spark’s full report on OII stock, click here.

More about Oceaneering International

Oceaneering International, Inc. is a global technology company that provides engineered services, products, and robotic solutions to industries such as offshore energy, defense, aerospace, and manufacturing.

Average Trading Volume: 954,857

Technical Sentiment Signal: Sell

Current Market Cap: $1.99B

See more insights into OII stock on TipRanks’ Stock Analysis page.