Oceaneering Announces McEvoy to Succeed Collins as President and CEO

Oceaneering International, Inc. OII announced that T. Jay Collins will retire from his position as President and Chief Executive Officer (CEO) immediately following the 2011 Annual Meeting of Shareholders, which is scheduled to be held on May 6, 2011. M. Kevin McEvoy, Oceaneering's Executive Vice President and Chief Operating Officer, has been designated to succeed Mr. Collins as President and CEO.