Helix Energy Solutions Group, Inc. announced that Owen Kratz, President and CEO, will retire after a remarkable career spanning nearly four decades.
Owen Kratz joined Helix in 1984 and has been instrumental in its growth from a small diving company to a global industry leader.
The Board is actively working on a succession plan to ensure a smooth transition in leadership.
Owen Kratz's Retirement
Owen Kratz, a pioneer in the offshore energy services industry, will retire after a transformative career at Helix.
Leadership Continuity
To facilitate a smooth transition, Owen Kratz will stay on as CEO until a successor is appointed.
Praise for Owen Kratz
Board Chairman Bill Transier lauded Owen Kratz's contributions to Helix's growth and success over the years.
- Owen Kratz's retirement will mark a significant change in Helix's leadership after his long and impactful tenure.
- The company will need to select a new CEO with a global business leadership background to continue driving value creation.
Helix Energy Solutions Group is poised for a new chapter with the impending CEO succession plan. The leadership continuity efforts reflect the company's commitment to sustained growth and success.