Oceaneering names William Merz to succeed Philip Beierl as senior vice president, aerospace and defense technologies

HOUSTON, December 19, 2024–(BUSINESS FEED)–Oceaneering International, Inc. (“Oceaneering”) (NYSE: OII) announced the appointment of William Merz to succeed Philip Beierl as Senior Vice President, Aerospace and Defense Technologies (“ADTech”), at effective January 1, 2025. In his new role, Mr. Merz will have global responsibility for Oceaneering’s ADTech business segment.

Mr. Merz joined Oceaneering in January 2024 as Vice President of Operations, Aerospace and Defense Technologies. Prior to joining Oceaneering, Mr. Merz had a distinguished career in the U.S. Navy, including command of the U.S. Seventh Fleet and leadership positions in finance, requirements and operations at the Pentagon. Mr. Merz currently serves on the Board of Directors of the Center for Naval Analysis.

Mr. Beierl, who joined Oceaneering in 2005, has informed Oceaneering of his intention to retire. He agreed to continue to play a supporting role during a period of transition.

Rod Larson, President and CEO of Oceaneering, said, “Bill’s background, experience and perspective make him ideally suited to lead the next phase of growth in our ADTech segment. I would also like to thank Phil for his leadership in developing our ADTech. business and promote collaboration between ADTech and our other business segments in technology development and business operations.

This release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding expectations regarding the extent of Mr. Merz’s responsibilities and statements regarding Mr. Merz’s experience and performance, to the extent that such statements may be an indicator of future performance. These forward-looking statements are based on current information and expectations and are subject to certain risks, assumptions and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

Oceaneering is a global technology company providing engineering services and products as well as robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment sectors.

For more information about Oceaneering, please visit www.oceaneering.com.

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Contacts

Hilary Frisbie
Senior Director, Investor Relations
Oceaneering International, Inc.
713-329-4755
[email protected]