ION Geophysical Corporation announced that Steve Bate, Executive Vice President and Chief Financial Officer, will be retiring and stepping down from his position as CFO effective February 1, 2020. Mr. Bate, who joined ION in 2005, will remain with ION as a Strategic Advisor to the CEO until the end of June to facilitate a seamless transition. Mr. Bate will be succeeded by Mike Morrison as the Company's Executive Vice President and Chief Financial Officer (Interim).

In his 17-year tenure with ION, Mr. Morrison has excelled in a variety of senior positions in finance and accounting, mostly recently as Vice President of Finance and Treasurer.