CERF Incorporated announced the appointment of Artie T. Kos as a director of the Corporation. Mr. Kos joins the board of directors of CERF (the “Board”) consisting of J. Blair Goertzen, William C. Guinan, David Maplethorpe, Bradley R. Munro, Ken Stephens and Wayne Wadley. The appointment of Mr. Kos follows the resignation of Alfred Sailer as a director of the Corporation effective as of December 7, 2015.

Mr. Kos will also serve as Executive Chairman of the Board. He is currently the Chairman, President and Chief Executive Officer of ATK Oilfield Transportation Inc. CERF also announced that Wayne Wadley has resigned as the President and Chief Executive Officer of the Corporation effective as of December 7, 2015. CERF's Executive Vice President, Corporate Development, Austin Fraser, has been appointed as President of CERF.