DTI Chairman Tom Hicks Passes Away at Age 79
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
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Source: PRnewswire
- Leadership Loss: DTI Chairman Tom Hicks passed away on December 6, 2025, at the age of 79, and his death is expected to have a profound impact on the company and its investors, potentially influencing future leadership direction and strategic decisions.
- Industry Impact: Hicks was recognized as a pioneer of modern private equity investment, and his 'buy and build' strategy shaped the industry landscape, presenting challenges for investors and business leaders who now face the loss of a significant industry figure.
- Philanthropic Contributions: Hicks made substantial contributions to the cultural and educational landscape in Dallas, including support for the development of the American Airlines Center and educational initiatives, which will continue to impact the community and may enhance DTI's corporate social responsibility image.
- Personal Legacy: Hicks's career encompassed not only business success but also a deep commitment to family and community, and his passing is likely to inspire DTI to uphold high standards of business ethics and social responsibility.
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Analyst Views on DTI
About DTI
Drilling Tools International Corp. is a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations. The Company's operating activities are divided into four divisions: Directional Tool Rentals, Premium Tools Division, Wellbore Optimization Tools, and Other Products & Services, including Downhole Inspection Solutions & Downhole Machining Solutions. Its primary products are bottom hole assembly components such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, roller reamers, as well as drill pipe and drill pipe accessories. In addition, the Company provides technology in its wellbore optimization business supplying the patented Drill-N-Ream (trademark) wellbore conditioning tool, and the patented RotoSteer (trademark), rotational steering tool. The Company operates from over 16 service and support centers across North America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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