Flotek Industries, Inc. (“Flotek”) (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, yesterday announced the appointment of Mr. Bond Clement to the role of Chief Financial Officer. Preng & Associates assisted in this search.
Mr. Clement began his career in 1993 within Arthur Andersen’s assurance services group focused primarily on energy related clients. He has more than 25 years of financial and accounting experience within the energy sector. Mr. Clement served for 17 years with PetroQuest Energy Inc., which was a publicly traded exploration and production company with oil and natural gas assets located in multiple basins throughout the U.S. His various financial and accounting related management roles at PetroQuest included 12 years as the Company’s Executive Vice President and Chief Financial Officer. Mr. Clement received a B.S. degree in Accounting, Cum Laude, from Louisiana State University and is a Certified Public Accountant (inactive). Mr. Clement serves on the Board of New Hope Community Development of Acadiana, an organization dedicated to breaking the generational cycle of poverty through educational initiatives.
John W. Gibson, Jr., Chairman, President, and Chief Executive Officer of Flotek said “We are excited to welcome Bond Clement to Flotek. We believe the combination of his deep energy industry expertise and a proven track record as a public company CFO positions him to immediately add value as we transition into a profitable, cash generative company.”
Mr. Clement commented, “I am thrilled for the opportunity to join the Flotek team at such a transformational period in the Company’s history. I look forward to augmenting the Company’s already strong focus on achieving profitability across the enterprise, which will ultimately be the driving force behind shareholder value creation.”
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek’s Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit www.flotekind.com.