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AI brief of an SEC Form 8-K · TEAM INC (TISI)

Team Inc. names George Philip Chief Accounting Officer, replacing Matthew Acosta

Neutral Impact 2 of 5 leadership Written later

Team, Inc. said Matthew Acosta left his role as Vice President and Chief Accounting Officer effective October 1, 2026, and that the departure was not due to any disagreement with the company. George Philip, the company's Corporate Controller since October 2021, was appointed Chief Accounting Officer effective October 2, 2026. The change affects the executive who oversees the company's accounting function, but the filing reports no financial results.

Key points

  • Matthew Acosta departed as Vice President, Chief Accounting Officer effective October 1, 2026, with no disagreement with the company cited.
  • George Philip, age 47, was appointed Chief Accounting Officer effective October 2, 2026.
  • Philip has been Corporate Controller since October 2021 and previously served as Director of SEC reporting and Technical Accounting from June 2021 to October 2021.
  • Philip will enter the company's standard indemnity agreement, filed as Exhibit 10.1.

The filing

CompanyTEAM INC (TISI)
Form8-K, current report
Filed with the SECOct 6, 2026, 4:07 PM ET
Accession number0000318833-26-000057

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.