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Flotek Industries Inc (FTK.N)

FTK.N on New York Stock Exchange

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Summary

Name Age Since Current Position

David Nierenberg

63 2019 Chairman of the Board

John Chisholm

63 2019 President, Chief Executive Officer, Director

Elizabeth Wilkinson

2018 Chief Financial Officer

William York

2018 Chief Administrative Officer

Katherine Richard

2018 Director

Michelle Adams

47 2017 Independent Director

Theodore Brown

62 2013 Independent Director

L. Melvin Cooper

64 2010 Independent Director

Paul Hobby

58 2019 Independent Director

L. V. McGuire

75 2010 Independent Director

Biographies

Name Description

David Nierenberg

Mr. David Nierenberg, J.D. is appointed as Chairman of the Board of the Company, effective April 2019. He is Director of the Company. Nierenberg is a former partner for consulting firm Bain & Company and has significant experience in corporate governance. He serves on theWashington StateInvestment Board, which oversees$120 billionof public employee retirement and other funds. Additionally, he chairs The Ira Millstein Center for Global Markets and Corporate Ownership at Columbia Law School, a world leader in corporate governance. Previously, he was Vice Chair of the Millstein Center for Corporate Governance atYale. David chairs the Research Advisory Committee for Glass-Lewis, the second largest global proxy advisor. Nierenberg's past energy investments have spanned more than two decades and have included Superior Energy, Denbury Resources and oilfield equipment company NATCO Group, which was acquired by Cameron International Corp. He currently serves as a director ofRosetta Stone(RST) and Riverview Bancorp (RVSB).

John Chisholm

Mr. John William Chisholm severs as President, Chief Executive Officer, Director Flotek Industries, Inc. He is no longer Chairman of the Board of the Company, effective April, 2019. Mr. Chisholm founded Wellogix, Inc., a software development firm for the oil and gas industry that streamlines workflow, improves collaboration, expedites the inter-company exchange of enterprise data and communicates complex engineered services. Mr. Chisholm also co-founded and served as President of ProTechnics, a service company dedicated to providing state-of-the-art completion diagnostic services to the energy industry, from 1985 until its sale to Core Laboratories in December of 1996. After leaving Core Laboratories as Senior Vice President of Global Sales and Marketing in 1998, he started Chisholm Energy Partners, an investment fund targeting mid-size energy service companies. Mr. Chisholm has served on the board of directors of NGSG, Inc. (NYSE:NGS), a company specializing in compression technology for the oil and gas industry, since December 2006. He serves on both the Compensation and Governance Committees of NGSG, Inc. Mr. Chisholm has also been selected to be on the editorial advisory board of Middle East Technology by the Oil and Gas Journal. Mr. Chisholm holds a Business Administration degree from Fort Lewis College. Mr. Chisholm’s experience related to two startup companies brings operating and financial expertise to the Board as well as innovative views of leadership.

Elizabeth Wilkinson

Ms. Elizabeth T. Wilkinson is Chief Financial Officer of the Company. Wilkinson, a certified public accountant, brings more than 30 years of experience to Flotek. She joins the Company from RGP, a publicly traded, global consulting firm, where she served as managing consultant, leading financial advisory projects for Fortune 100, Fortune 500 and private-equity-controlled clients. In this capacity, she served as interim CFO, interim treasurer and in key financial reporting roles leading companies through significant accounting and finance transitions. Her depth of experience includes technical accounting and controllership, tax planning and compliance, treasury, capital market transactions, enterprise risk management, M&A, investor relations, strategy development, and managing banking and rating agency relationships. "Elizabeth is a strong and experienced executive who has served in diverse leadership roles for E&P, energy service, and midstream organizations, ranging from CFO to controller to vice president-investor relations and treasurer," said Chisholm. " We welcome the tremendous strengths she brings to help deliver value to all of our stakeholders by expanding our market penetration through differentiated chemistry technology, strengthening our balance sheet and managing general and administrative costs to deliver positive operating cash flow." Prior to her role at RGP, Wilkinson was CFO of Xtreme Drilling and Coil Services where she raised capital, managed debt and liquidity, and directed all accounting, financial reporting and investor relations functions. Additionally, she has served in financial and treasury leadership roles at Kerr-McGee Corporation, Eagle Rock Energy Partners, LP and GlobalSantaFe Corporation.

William York

Mr. William York is Chief Administrative Officer of the Company. Prior to joining Bank of America, Bill spent nine years at Compaq Computer Corporation in a variety of leadership roles. He spent five years as the staffing executive for North Americaand later became responsible for the initial staffing efforts for the Latin America, Japan, Consumer, Government & Education, DirectPlus (Telephone), and Professional Services business units. During his time at Compaq, sales for the organization grew from $650 millionto over $25 billion. Bill joins Flotek from Tudor Lewis, a leading executive talent search firm that he founded. Prior to launching the firm, Bill was with TMP/Highland Partners Executive Search working in the Technology, Financial Services and Human Resources practices. Before that, Bill was the Senior Vice President, Staffing for Bank of America, where he managed a large staffing team responsible for supporting technology, operations, finance, legal, risk, marketing and the office of the chairman. During his tenure at Bank of America, the bank successfully executed three major acquisitions and Bill's responsibilities and role grew with each merger.

Katherine Richard

Ms. Katherine T. Richard is no longer Director of the Company, effective April 27, 2019. Richard is founder and CEO of Warwick Energy Group, one of the largest institutional consolidators of interests in oil and gas with approximately$1.5 billionin managed assets. Prior to launchingWarwick, she was an investment banker, beginning her career at Goldman Sachs & Co., working in private equity and natural resources investment banking in New York,London, andParis. She then invested in oil & gas, metals & mining, and sovereign debt for Serengeti Asset Management, a multi-strategy investment fund based inNew York. Most recently, she invested in public and private energy investments for MSD Capital,Michael Dell'sprivate investment fund in New York.

Michelle Adams

Ms. Michelle M. Adams is an Independent Director of the Company. Ms. Adams joined the Board as a Director in January 2017 and became a member of the Corporate Governance and Nominating Committee in January 2017 and a member of the Compensation Committee in October 2017. Ms. Adams is Vice President of Sales America, for Dropbox as of March 1, 2017. Previously, she was World Wide Vice President, Watson Platform for IBM. Ms. Adams was Vice President, Customer Engagement at IBM Watson. She assumed this role in 2013 and was responsible for all Go to Market Operations for North and South America. She previously ran software teams across IBM for over 10 years. Prior to joining IBM in 2005, Ms. Adams had various sales leadership roles at Tivoli Systems, StorageNetworks, and Digex, Inc. Ms. Adams received her Bachelors degree from Villanova University and resides in Austin, Texas with her husband and children. Ms. Adams’ experience as a technology executive brings significant technology knowledge and innovative thought leadership to the Board.

Theodore Brown

Mr. Theodore D. Brown is an Independent Director of Flotek Industries, Inc. Mr. Brown joined the Board as a Director in November 2013, became a member of the Corporate Governance and Nominating Committee in January 2014, and became a member of the Compensation Committee in May 2014. Currently, Mr. Brown is President and CEO of Confluence Resources LP, a private oil and gas exploration and production company formed in 2016 and based in Denver, Colorado. Prior to forming Confluence, Mr. Brown was Senior Vice President and Advisor to the CEO and President of Noble Energy, Inc. (NYSE: NBL) until his retirement on January 31, 2015. Mr. Brown joined Noble Energy in 2005 in Noble Energy’s merger with Patina Oil and Gas. A lifelong oilman, he joined Amoco Production Company upon completion of his degree in mechanical engineering from the University of Wyoming. He has also worked in various capacities for Union Pacific Resources, Barrett Resources, and Williams Companies. Under Mr. Brown’s leadership, Noble Energy nearly tripled its production in Northern Colorado in nine years while drilling more than 3,300 new wells. During Mr. Brown’s tenure, Noble Energy became the largest oil producer in Colorado. Mr. Brown participated in numerous industry activities including Chairman and serving on the Executive Committee of the Colorado Oil & Gas Association and the board of the Western Energy Alliance where he has served as the organization’s Colorado Vice President. He was also Chairman of Coloradans for Responsible Energy Development and former board member of Colorado Concern. In recognition of Mr. Brown’s service to both the industry and his community, he was named the Western Energy Alliance 2013 Wildcatter of the Year, one of the highest honors available to oil and gas professionals.In 2014, Mr. Brown was inducted into the Rocky Mountain Oil and Gas Hall of Fame. Mr. Brown’s extensive experience in the energy industry brings significant additional operating and management experience to the Board.

L. Melvin Cooper

Mr. L. Melvin Cooper is an Independent Director of Flotek Industries, Inc. Mr. Cooper has been a Director, a member of the Audit Committee, and a member of the Corporate Governance and Nominating Committee since October 2010, and has been a member of the Compensation Committee since 2011. Currently, Mr. Cooper serves as the Senior Vice President and Chief Financial Officer of Forbes Energy Services Ltd. (NASDAQ Global Market: FES) (“Forbes ”), a public company in the energy services industry. Forbes filed for financial reorganization under Chapter 11 of the U.S. Bankruptcy Code in January 2017. Prior to joining Forbes in 2007, Mr. Cooper served as the Chief Financial Officer or President of companies involved in site preparation for oil and gas exploration companies, supplying products and services to new home builders, and supply chain management. Since August 2012, Mr. Cooper has been a member of the board of directors for Par Pacific Holdings, Inc. (NYSE:PARR). In July 2016, Mr. Cooper joined the board of directors of SA Exploration Holdings, Inc. (NASDAQ: SAEX). Mr. Cooper also serves on the board of the National Association of Corporate Directors Houston area Tri-City Chapter. Mr. Cooper earned a degree in accounting from Texas A&M University-Kingsville (formerly Texas A&I) in 1975. Mr. Cooper has been a Certified Public Accountant since May 1977.

Paul Hobby

Mr. Paul W. Hobby is Independent Director of the Company. Mr. Hobby is a founder and a Managing Partner of Genesis Park LP., a regional private equity firm that has expertise in communications, energy technologies and other technology sectors. Mr. Hobby has served on the board of a number of public companies including: NRG, Eagle Global Logistics, Stewart Title, Coastal Banc, Amegy Bank of Texas and Aronex Pharmaceuticals. He is former Chairman of the Houston Branch of the Federal Reserve Bank of Dallas, the Greater Houston Partnership, the Texas Ethics Commission, the Texas General Services Commission and the Texas Business Hall of Fame. He has also held a number of other community leadership positions over time. Mr. Hobby is a graduate of the University of Virginia, where he has been honored for service to the University, and the University of Texas School of Law, where he has served as an adjunct faculty member and been honored as an Outstanding Young Alumnus. He has been a guest lecturer at the Rice University Jones School, the University of Houston, Texas State University and the Stanford University Graduate School of Business.

L. V. McGuire

Mr. L. V. McGuire is an Independent Director of Flotek Industries, Inc. Mr. McGuire has been a Director since August 2010, and a member of the Compensation Committee and a member of the Corporate Governance and Nominating Committee since October 2010. Mr. McGuire served as the Chairman of the Compensation Committee from December 2010 until May 2014. Mr. McGuire is a co-founder of Alpha Petroleum Services, a provider of management-related consulting services to the energy industry. Prior to co-founding Alpha Petroleum Services, Mr. McGuire served as a director of the board and Senior Vice President of Mariner Energy Inc. from 1998 to 2001. Prior to joining Mariner Energy, from 1997 to 1998, Mr. McGuire served as the Vice President-Operations for Enron Oil & Gas International, Inc. Mr. McGuire served, from 1991 to 1996, as the Senior Vice President responsible for worldwide production operations of the Kerr-McGee Corporation (“Kerr-McGee”). Prior to his position with Kerr-McGee, from 1981 to 1991, Mr. McGuire served as Vice President of Operations and as Vice-President of Production for Hamilton Brothers Oil & Gas Ltd. Mr. McGuire began his career with Conoco in 1966. Mr. McGuire received a Bachelor of Science degree in Industrial Engineering from LeTourneau University and has served on the Board of Trustees of LeTourneau University since 2002. Mr. McGuire’s extensive experience in the energy industry, as well as his experience in founding a successful company, brings significant additional operating and management experience to the Board