On August 19, 2013, John B. Reed, Jr. tendered his resignation as a director of Cal Dive International Inc. effective immediately. Mr. Reed has recently accepted a position as Chief Executive Officer and President of a company that competes with the company in certain of its service lines in both domestic and international markets. Mr. Reed joined the company's Board in May 2012, serving as the Board's lead independent director and as a
member of all Board committees. Effective August 19, 2013, the Board has appointed John T. Mills to serve as its lead independent director, and has appointed Todd A. Dittmann to serve as a member of the Compensation Committee, David E. Preng to serve as a member of the Audit Committee and Mr. Mills to serve as a member of the Corporate Governance and Nominating Committee.