{"id":920816,"date":"2025-12-17T18:06:42","date_gmt":"2025-12-17T23:06:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/helix-energy-solutions-announces-ceo-succession-plan\/"},"modified":"2025-12-17T18:06:42","modified_gmt":"2025-12-17T23:06:42","slug":"helix-energy-solutions-announces-ceo-succession-plan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/helix-energy-solutions-announces-ceo-succession-plan\/","title":{"rendered":"Helix Energy Solutions Announces CEO Succession Plan"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Helix Energy Solutions Announces CEO Succession Plan<\/b><\/p>\n<p class=\"bwalignc\"><i>Owen Kratz to Retire after Career of Transformative Leadership<\/i><\/p>\n<p>HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nHelix Energy Solutions Group, Inc. (NYSE: HLX) (\u201cHelix\u201d or the \u201cCompany\u201d) today announced that Owen Kratz, President and Chief Executive Officer (\u201cCEO\u201d) and member of the Helix Board of Directors (the \u201cBoard\u201d), has informed the Board of his intention to retire.\n<\/p>\n<p>\nMr. Kratz\u2019s retirement will mark the culmination of an extraordinary career, beginning as an offshore diver and holding various offshore positions before ascending to onshore management. Mr. Kratz joined Helix (then known as Cal Dive International) in 1984 and was first appointed as its CEO in 1997. To ensure leadership continuity and a smooth transition, Mr. Kratz intends to continue to serve as CEO until the Board has appointed a successor.\n<\/p>\n<p>\n\u201cOwen Kratz is a pioneer and a stalwart in the offshore energy services industry, and his leadership of Helix for nearly four decades is to be applauded,\u201d said Bill Transier, Chairman of the Helix Board. \u201cThe depth and breadth of his contributions to the Company cannot be overstated, as he has dedicated his distinguished career to the growth of Helix from a small diving company to a global industry leader. Owen has successfully navigated Helix through multiple business cycles and delivered value to our shareholders and clients, as an innovator in multiple fields including subsea diving, intervention, robotics, construction, E&amp;P and decommissioning.\u201d\n<\/p>\n<p>\n\u201cHelix has significantly evolved since I first joined Cal Dive, and it has been the privilege of my career to lead this unique Company and grow it into what it has become today,\u201d said Kratz. \u201cWorking with friends and colleagues over the years I am proud to have overseen Helix\u2019s rise to becoming a leading and trusted offshore services provider around the world and having done so with integrity. Helix is well positioned and has a strong balance sheet that affords opportunities for future growth. I am confident in the Company\u2019s ability to drive value creation over the long term, I look forward to supporting the team in achieving new heights, and I am excited to see what Helix\u2019s next chapter holds.\u201d\n<\/p>\n<p>\n\u201cSuccession planning is a matter the Board and Owen have long discussed. The Board and executive management are committed to continuity and a smooth transition, and we are grateful that we\u2019ll continue to benefit from Owen\u2019s expertise and perspective in this process,\u201d continued Transier. \u201cWe are focused on selecting our next strong CEO, with proven experience as a global business leader.\u201d\n<\/p>\n<p><b>About Helix<\/b><\/p>\n<p>\nHelix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and decommissioning operations. Our services are key in supporting a global energy transition by maximizing production of existing oil and gas reserves, decommissioning end-of-life oil and gas fields and supporting renewable energy developments. For more information about Helix, please visit our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.helixesg.com&amp;esheet=54379721&amp;newsitemid=20251217382393&amp;lan=en-US&amp;anchor=www.helixesg.com&amp;index=1&amp;md5=2224efeafd910409dfabb76c3952035a\">www.helixesg.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements that involve risks, uncertainties and assumptions that could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors that could cause results to differ materially from those in the forward-looking statements, including but not limited to the results of the succession search and the transition thereunder and the reactions of stakeholders thereto; actions by governments, customers, suppliers and partners; market conditions; demand for our services; the performance of contracts by suppliers, customers and partners; actions by governmental and regulatory authorities; operating hazards and delays, which includes delays in delivery, chartering or customer acceptance of assets or terms of their acceptance; our ultimate ability to realize current backlog; employee management issues; complexities of global political and economic developments; geologic risks; volatility of oil and gas prices and other risks described from time to time in our reports filed with the Securities and Exchange Commission (the \u201cSEC\u201d), including Helix\u2019s most recently filed Annual Report on Form 10-K and in Helix\u2019s other filings with the SEC, which are available free of charge on the SEC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54379721&amp;newsitemid=20251217382393&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=ad99b9e77edbce5e7fbe730e47e8705a\">www.sec.gov<\/a>. We assume no obligation and do not intend to update these forward-looking statements, which speak only as of their respective dates, except as required by the securities laws.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251217382393r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251217382393\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251217382393\/en\/<\/a><\/span><\/p>\n<p>\nErik Staffeldt, Executive Vice President and CFO<br \/>\n<br \/>Ph: 281-618-0465<br \/>\n<br \/>email: <a rel=\"nofollow\" href=\"mailto:estaffeldt@helixesg.com\">estaffeldt@helixesg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Alternative Energy Energy Other Energy Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251217382393\/en\/751254\/3\/Helix_Energy_Solutions_Logo_colour_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Helix Energy Solutions Announces CEO Succession Plan Owen Kratz to Retire after Career of Transformative Leadership HOUSTON&#8211;(BUSINESS WIRE)&#8211; Helix Energy Solutions Group, Inc. (NYSE: HLX) (\u201cHelix\u201d or the \u201cCompany\u201d) today announced that Owen Kratz, President and Chief Executive Officer (\u201cCEO\u201d) and member of the Helix Board of Directors (the \u201cBoard\u201d), has informed the Board of his intention to retire. Mr. Kratz\u2019s retirement will mark the culmination of an extraordinary career, beginning as an offshore diver and holding various offshore positions before ascending to onshore management. Mr. Kratz joined Helix (then known as Cal Dive International) in 1984 and was first appointed as its CEO in 1997. To ensure leadership continuity and a smooth transition, Mr. Kratz intends to continue to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/helix-energy-solutions-announces-ceo-succession-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Helix Energy Solutions Announces CEO Succession Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-920816","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Helix Energy Solutions Announces CEO Succession Plan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/helix-energy-solutions-announces-ceo-succession-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Helix Energy Solutions Announces CEO Succession Plan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Helix Energy Solutions Announces CEO Succession Plan Owen Kratz to Retire after Career of Transformative Leadership HOUSTON&#8211;(BUSINESS WIRE)&#8211; Helix Energy Solutions Group, Inc. (NYSE: HLX) (\u201cHelix\u201d or the \u201cCompany\u201d) today announced that Owen Kratz, President and Chief Executive Officer (\u201cCEO\u201d) and member of the Helix Board of Directors (the \u201cBoard\u201d), has informed the Board of his intention to retire. Mr. Kratz\u2019s retirement will mark the culmination of an extraordinary career, beginning as an offshore diver and holding various offshore positions before ascending to onshore management. Mr. Kratz joined Helix (then known as Cal Dive International) in 1984 and was first appointed as its CEO in 1997. 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