Oceaneering appoints Michael Sumruld as CFO

Houston, Texas-headquartered Oceaneering International, Inc. (NYSE: OII) reports that Michael W. Sumruld will be appointed senior vice president and chief financial officer effective January 1, 2026.

Sumruld succeeds Alan R. Curtis, who will retire from his role on the same date, but will continue to assist in an advisory capacity to ensure a smooth transition.

Rod Larson, Oceaneering’s president and chief executive officer, said, “Alan’s expertise and dedication have shaped Oceaneering’s financial foundation. We are thankful for his leadership over the years. Mike has already integrated with our leadership team and is actively engaged with our operations to ensure a seamless transition and to drive our financial strategy going forward.”

Sumruld joined Oceaneering in 2025, having most recently served as senior vice president and CFO for Parker Drilling Company from 2017 until its sale to Nabors Industries Ltd. in 2025. In that role, he managed the company’s investor relations, corporate development, treasury, finance and accounting, tax, financial planning and analysis, compliance, operations integrity, and information technology organizations. Prior to his time at Parker Drilling Company, Sumruld held positions at LyondellBasell Industries N.V. and at Baker Hughes Incorporated. He is a certified public accountant and holds a bachelor’s degree in accounting from the University of Houston and an MBA from Texas A&M University.

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