Two Flotek board members to not stand for reelection to make room for ProFrac nominees

FLOTEK INDUSTRIES INC/CN/

Ted D. Brown (director since 2013) and Paul W. Hobby (since 2019) will not stand for reelection at 2022 annual meeting.
Departures are to allow ProFrac Holdings, LLC to nominate two directors per Master Transaction Agreement dated Feb 2, 2022.
Neither departure resulted from disagreement on operations, policies, or procedures.

item 5.02

Executive movements

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Departed

Ted D. Brown

Director

FTK · FLOTEK INDUSTRIES INC/CN/

Filed: April 21, 2022, 7:59 PM ET

On April 15, 2022, Ted D. Brown, a member of the board of directors (the "Board") of Flotek Industries, Inc. (the "Company"), notified the Board that he does not wish to stand for reelection at the 2022 annual meeting of stockholders of the Company (the "Meeting").

Departed

Paul W. Hobby

Director

FTK · FLOTEK INDUSTRIES INC/CN/

Filed: April 21, 2022, 7:59 PM ET

Also on April 15, 2022, Paul W. Hobby, a member of the Board notified the Board that he does not wish to stand for reelection at the Meeting.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ted D. Brown departed as Director at FLOTEK INDUSTRIES INC/CN/.

Action: not stand for reelection
Role: Director

Exact text from the filing

On April 15, 2022, Ted D. Brown, a member of the board of directors (the "Board") of Flotek Industries, Inc. (the "Company"), notified the Board that he does not wish to stand for reelection at the 2022 annual meeting of stockholders of the Company (the "Meeting").

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul W. Hobby departed as Director at FLOTEK INDUSTRIES INC/CN/.

Action: not stand for reelection
Role: Director

Exact text from the filing

Also on April 15, 2022, Paul W. Hobby, a member of the Board notified the Board that he does not wish to stand for reelection at the Meeting.

View on SEC.gov

FLOTEK INDUSTRIES INC/CN/ filing history →

Source: SEC EDGAR

accession 0000928054-22-000095

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