Drilling Tools International Announces 2026 Annual Meeting Results and Board Changes
Drilling Tools International Corporation filed an 8-K reporting the results of its 2026 Annual Meeting of Stockholders held on April 28, 2026. The company announced significant board changes, including the election of three new directors (Ira H. Green, Jr., Daniel J. Kimes, and Jeremy D. Thigpen) and the reelection of four existing directors (R. Wayne Prejean, Curtis L. Crofford, John D. Furst, and Eric Neuman). All directors will serve until the 2027 Annual Meeting. CEO R. Wayne Prejean was appointed Chairman of the Board, effective after the meeting, while continuing as President and CEO. John D. "Jack" Furst was designated as Lead Independent Director. Two directors, Thomas M. Patterson and C. Richard Vermillion, ceased serving after their decisions not to seek reelection, which were not due to any disagreements with the company. Shareholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2026 with overwhelming support (18,776,126 votes for, 12,368 against). Approximately 53.39% of outstanding shares were represented at the meeting.