---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-23-000009"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:44:25.079865+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Flotek CEO John Gibson departs; Harsha Agadi named interim CEO; Ryan Ezell promoted to President

## Summary
- CEO John Gibson steps down as Chairman, President & CEO effective Jan 19, 2023; no disagreement with company.
- Harsha Agadi, board member since 2020, appointed interim CEO; receives $50,000/month salary and $150,000 RSU grant.
- Ryan Ezell promoted from COO to President; no change to salary or equity.
- David Nierenberg appointed Non-Executive Chairman; board committees reconstituted.
- Gibson receives $1.5M settlement in four installments; forfeits all options and unvested RSUs; 6-month lockup on 250k shares.

## SEC filing metadata
- accession: 0000928054-23-000009
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805423000009/0000928054-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805423000009/usgaap-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-23-000009
- JSON: https://secwatch.observer/filing/0000928054-23-000009.json
- Plain text: https://secwatch.observer/filing/0000928054-23-000009.txt

## Key facts
- Executive change
  John W. Gibson, Jr. departed as Chief Executive Officer and President at FLOTEK INDUSTRIES INC/CN/.
  - Action: departed
  - Role: Chief Executive Officer and President
  source text: On January 19, 2023, Flotek Industries, Inc. (the “Company”) announced the departure of John W. Gibson, Jr. from his role as Chief Executive Officer and President of the Company, effective January 19, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/928054/000092805423000009/0000928054-23-000009-index.htm
- Executive change
  Harsha V. Agadi was appointed as Interim Chief Executive Officer at FLOTEK INDUSTRIES INC/CN/.
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: Harsha V. Agadi, who has served as a member of the Board since July 2020, will serve as the Company’s interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/928054/000092805423000009/0000928054-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.