UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 16, 2015
Helix Energy Solutions Group, Inc.
(Exact name of registrant as specified in its charter)
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Minnesota
(State or other jurisdiction
of incorporation)
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001-32936
(Commission File Number)
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95-3409686
(IRS Employer Identification No.)
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3505 West Sam Houston Parkway North, Suite 400
Houston, Texas
(Address of principal executive offices)
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281-618-0400
(Registrant’s telephone number,
including area code)
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77043
(Zip Code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On March 16, 2015, the Company announced that effective May 11, 2015, Clifford Chamblee will retire after 36 years in the offshore services business and will resign as Executive Vice President and Chief Operating Officer of the Company.
(c) On March 16, 2015, the Company announced that effective May 11, 2015, Scotty Sparks will be appointed Executive Vice President - Operations of the Company. Mr. Sparks (age 41) has 25 years of industry experience and has been with Helix since 2001. He has held his current position of Vice President – Commercial and Strategic Development since October 2012, and has also served in various positions within Helix’s robotics subsidiary, including as Senior Vice President from 2007 to September 2012, during his tenure at Helix. Prior to that Mr. Sparks held various positions within the industry, including Operations Manager at Global Marine Systems.
The information called for in Item 502(c)(3) of Form 8-K is not determined at this time.
Item 7.01 Regulation FD Disclosure.
On March 16, 2015, the Company issued a press release announcing the resignation of Mr. Chamblee and the appointment of Mr. Sparks both to be effective May 11, 2015. A copy of the press release announcing the resignation of Mr. Chamblee and the appointment of Mr. Sparks is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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(c)
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Exhibits.
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Number
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Description
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99.1
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Press Release of Helix Energy Solutions Group, Inc. dated March 16, 2015, announcing the resignation of Clifford Chamblee and the appointment of Scotty Sparks
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 16, 2015
| Helix Energy Solutions Group, Inc. | |||
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By:
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/s/ Alisa B. Johnson | |
| Alisa B. Johnson | |||
| Executive Vice President and General Counsel | |||
Index to Exhibits
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Number
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Description
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99.1
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Press Release of Helix Energy Solutions Group, Inc. dated March 16, 2015, announcing the resignation of Clifford Chamblee and the appointment of Scotty Sparks
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EXHBIT 99.1
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PRESSRELEASE
www.HelixESG.com
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Helix Energy Solutions Group, Inc. · 3505 W. Sam Houston Parkway N., Suite 400 · Houston, TX 77043 · 281-618-0400 · fax: 281-618-0505
| For Immediate Release | 15-005 | ||
| Date: March 16, 2015 | Contact: | Terrence Jamerson | |
| Director, Finance & Investor Relations |
Helix Announces Management Changes
HOUSTON, TX – Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that effective May 11, 2015, Cliff Chamblee will retire after 36 years in the offshore services business and will resign as Executive Vice President and Chief Operating Officer. Also effective May 11, 2015, Scotty Sparks will be promoted to the position of Executive Vice President – Operations. Scotty has 25 years of industry experience and has been with Helix since 2001. He currently holds the office of Vice President – Commercial and Strategic Development, and has also served in various positions within Helix’s robotics subsidiary, including as Senior Vice President, during his tenure at Helix. Prior to that Scotty held various positions within the industry, including Operations Manager at Global Marine Systems.
Owen Kratz, President and Chief Executive Officer of Helix, stated, “Cliff has proven to be an invaluable asset to Helix in all of the roles that he has had in his 14 years with the company, including the last four years as Executive Vice President and Chief Operating Officer. Cliff has through the years demonstrated operational excellence, leadership and unparalleled drive, and we wish him well. I am also pleased to announce Scotty’s promotion to the position of Executive Vice President – Operations. In his new role, Scotty’s responsibilities will include operational and commercial responsibility for all of Helix’s business units, and I am confident that he will bring his operational knowledge, commercial acumen, and leadership skills to the position.”
About Helix
Helix Energy Solutions Group, headquartered in Houston, Texas, is an international offshore energy company that provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. For more information about Helix, please visit our website at www.HelixESG.com.
Forward-Looking Statements
This 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 "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, any statements regarding our strategy; any statements regarding future utilization; any projections of financial items; future operations expenditures; any statements regarding the plans, strategies and objectives of management for future operations; any statement concerning developments; any statements regarding future economic conditions or performance; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. The forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors including but not limited to the performance of contracts by suppliers, customers and partners; actions by governmental and regulatory authorities; operating hazards and delays; 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 ("SEC"), including the Company's most recently filed Annual Report on Form 10-K and in the Company’s other filings with the SEC, which are available free of charge on the SEC’s website at www.sec.gov. We assume no obligation and do not intend to update these forward-looking statements except as required by the securities laws.
Social Media
From time to time we provide information about Helix on Twitter (@Helix_ESG) and LinkedIn (www.linkedin.com).