Flotek Industries, Inc. Announces Step Down of David Nierenberg as Member of the Board of Directors, Member of the Audit Committee, Compensation Committee, Corporate Governance & Nominating Committee and Risk & Sustainability Committee
May 24, 2024 at 11:20 pm
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Flotek Industries, Inc. announced that David Nierenberg is stepping down from his position as a member of the Company's Board of Directors and as a member of the Board?s Audit Committee, Compensation Committee, Corporate Governance & Nominating Committee and Risk & Sustainability Committee, effective immediately. Mr. Nierenberg?s decision to resign from the Board was not the result of any disagreement relating to the Company?s operations, policies or practices.
Flotek Industries, Inc. is a technology-driven, specialty green chemistry and data company. The Companyâs segments include Chemistry Technologies and Data Analytics. The Companyâs Chemistry Technologies segment designs, develops, manufactures, packages and distributes green, specialty chemicals that help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers. The Companyâs Data Analytics segment provides analytics associated with their hydrocarbon streams in seconds rather than minutes or days. The real-time access to information prevents waste, reduces reprocessing and allows users to pursue automation of their hydrocarbon streams to increase their profitability. It helps customers across industrial and commercial markets improve their environmental performance. It serves specialty chemistry needs for both domestic and international energy markets.
Flotek Industries, Inc. Announces Step Down of David Nierenberg as Member of the Board of Directors, Member of the Audit Committee, Compensation Committee, Corporate Governance & Nominating Committee and Risk & Sustainability Committee