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Helix Announces Executive Management Team Succession

 June 5, 2017 - 6:00 PM EDT

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Helix Announces Executive Management Team Succession

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced certain changes
within its executive management team consistent with the company’s long
standing succession plan, effective June 5, 2017. Erik Staffeldt, who
has served as Helix’s Vice President – Finance and Accounting since July
of 2015, has been promoted to the position of Senior Vice President and
Chief Financial Officer. Tony Tripodo, who has served as Helix’s
Executive Vice President and Chief Financial Officer since June of 2008,
will be transitioning to the position of Executive Vice President and
Senior Advisor. In his new role Tony will be responsible for assisting
Owen Kratz, Helix’s President and Chief Executive Officer, in continuing
to develop the long term business and financial strategy of the company.
Tony will continue to remain involved in the company’s financial
planning and in generally assisting with the orderly transition of some
of his former responsibilities as Chief Financial Officer.

In connection with these appointments, Owen Kratz, President and Chief
Executive Officer of Helix, stated, “Erik has earned the confidence of
the board and the executive management team and has demonstrated the
ability to take on increasing responsibilities since joining Helix in
2009. In addition, Tony’s demonstrated capabilities in managing the
financial affairs of the company and his intimate knowledge of the
business make him well suited for the new role we have asked him to
perform.”

About Helix

Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is
an international offshore energy services company that provides
specialty services to the offshore energy industry, with a focus on well
intervention and robotics operations. For more information about Helix,
please visit our website at www.HelixESG.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve
risks, uncertainties and assumptions that could cause our results to
differ materially from those expressed or implied by such
forward-looking statements. All statements, other than statements of
historical fact, are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, including, without
limitation, any statements regarding our strategy; any statements
regarding visibility and future utilization; any projections of
financial items; any statements regarding future operations
expenditures; any statements regarding the plans, strategies and
objectives of management for future operations; any statements
concerning developments; any statements regarding future economic
conditions or performance; any statements of expectation or belief; and
any statements of assumptions underlying any of the foregoing. The
forward-looking statements are subject to a number of known and unknown
risks, uncertainties and other factors including but not limited to the
performance of contracts by suppliers, customers and partners; actions
by governmental and regulatory authorities; operating hazards and
delays; our ultimate ability to realize current backlog; employee
management issues; complexities of global political and economic
developments; geologic risks; volatility of oil and gas prices and other
risks described from time to time in our reports filed with the
Securities and Exchange Commission ("SEC"), including the Company's most
recently filed Annual Report on Form 10-K and in the Company’s other
filings with the SEC, which are available free of charge on the SEC’s
website at www.sec.gov.
We assume no obligation and do not intend to update these
forward-looking statements except as required by the securities laws.

Social Media

From time to time we provide information about Helix on Twitter (@Helix_ESG)
and LinkedIn (www.linkedin.com/company/helix-energy-solutions-group).

Helix Energy Solutions Group, Inc.
Erik Staffeldt,
281-618-0400

Senior Vice President & CFO

Source: Business Wire
(June 5, 2017 - 6:00 PM EDT)

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