HOUSTON, January 6, 2020 – Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that John W. Gibson, Jr. has assumed the positions of Chairman of the Board of Directors (“Chairman”) and Chief Executive Officer (“CEO”) and President of the Company as of today.

HOUSTON, December 23, 2019 – Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced that John W. Gibson, Jr. has been named as Chairman of the Board of Directors and Chief Executive Officer and President of the Company effective January 6, 2020. Mr. Gibson is a recognized leader with more than 35 years of experience in the energy technology, oil and gas services and exploration and production sectors of the energy industry. With this appointment, David Nierenberg, Flotek’s Chairman of the Board of Directors (“Board”), will remain an independent director of the Company’s Board, and John Chisholm, Flotek’s current Chief Executive Officer, will step down from the Board.

On December 16, 2019, Flotek Industries, Inc. (“Flotek Industries”) and Flotek Chemistry, LLC (“Flotek Chemistry”) (collectively, “Flotek” or the “Company”) filed in the U.S. District Court for the Southern District of Texas (Houston Division) (the “Court”) an Original Complaint against defendant Guide Energy Solutions, LLC (“Guide Energy”) and individual defendants Cody Coomer (“Coomer”), Cody Sutton (“Sutton”), Hasnain Saboowala (“Saboowala”), and Justin Vaughn (“Vaughn”) (collectively, “Defendants”). The individual defendants are former high-level employees of Flotek that voluntarily left the Company in April 2019 and currently work at or are affiliated with Guide Energy, which has a principal place of business located in Prague, Oklahoma.       Read More>>

Flotek’s reservoir-centric chemistry was featured on how it can positively impact performance in the October 2019 issue of American Oil and Gas Reporter. Read More>>