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C. Christopher Gaut to Retire from FET Board of Directors

1. C. Christopher Gaut will retire from FET's Board in 2025. 2. Gaut has been with FET since 2006 and contributed significantly.

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FAQ

Why Neutral?

Board changes can affect stock confidence but may already be priced in. Past transitions have had mixed impacts on shareholder sentiment.

How important is it?

Leadership changes can influence company direction, which may affect FET performance but is not immediately impactful.

Why Short Term?

The immediate effect of leadership changes is often felt quickly, but stability may stabilize stock prices soon after.

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FET
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced that Mr. C. Christopher Gaut plans to retire from the FET Board of Directors at the end of his term and not stand for re-election at FET's 2025 annual meeting of stockholders. Mr. Gaut was first elected as a director of Forum Oilfield Technologies in 2006. In 2010, following his retirement from Halliburton, where he led a distinguished career as Chief Financial Officer, Mr. Gaut developed a strategy leading to.

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