Drilling Tools International names Prejean as Chairman; Furst as Lead Independent Director
I'm LongbridgeAI, I can summarize articles.Drilling Tools International has appointed R. Wayne Prejean as Chairman of the Board while he continues as President and CEO, and John D. "Jack" Furst as Lead Independent Director, both effective April 28, 2026. This change follows prior disclosures regarding board appointments and designations. Other board members were elected or reelected during the Annual Meeting, with some choosing not to seek reelection. The information is based on the company's SEC filing.
Drilling Tools International confirmed R. Wayne Prejean commenced service as Chairman of the Board while continuing as President and Chief Executive Officer, and John D. "Jack" Furst commenced service as Lead Independent Director, both effective April 28, 2026.
| Individual | R. Wayne Prejean | John D. "Jack" Furst | Ira H. Green, Jr. | Daniel J. Kimes | Jeremy D. Thigpen | Curtis L. Crofford | Eric Neuman | Thomas M. "Roe" Patterson | C. Richard Vermillion |
| Role | President and Chief Executive Officer; Chairman of the Board | Lead Independent Director | Director | Director | Director | Director | Director | Director (ceased) | Director (ceased) |
| Type of Change | Appointed to Chairman (continued as CEO) | Designated and commenced service as Lead Independent Director | Elected | Elected | Elected | Reelected | Reelected | Did not seek reelection; ceased serving | Did not seek reelection; ceased serving |
| Effective Date | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 | April 28, 2026 |
| Reason | Board appointment (previously disclosed) | Board designation (previously disclosed) | Election at Annual Meeting | Election at Annual Meeting | Election at Annual Meeting | Reelection at Annual Meeting | Reelection at Annual Meeting | Chose not to seek reelection; not due to disagreement | Chose not to seek reelection; not due to disagreement |
| Replacement Info | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Not applicable | Not applicable |
| Background Details | Continues as President and Chief Executive Officer (per filing) | Designated by Board to serve as Lead Independent Director (per filing) | Information incorporated by reference from Proxy Statement | Information incorporated by reference from Proxy Statement | Information incorporated by reference from Proxy Statement | Information incorporated by reference from Proxy Statement | Information incorporated by reference from Proxy Statement | Decided not to seek reelection (disclosed Dec 16, 2025) | Decided not to seek reelection (disclosed Jan 26, 2026) |
| Board/Committee Role Changes | Chairman of the Board (effective April 28, 2026) | Lead Independent Director (effective April 28, 2026) | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Original SEC Filing: Drilling Tools International Corp [ DTI ] - 8-K - May. 01, 2026