HOUSTON, Nov. 12, 2020 /PRNewswire/ -- Flotek
Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) welcomes
Michael Fucci to its Board of
Directors.
Fucci joins Flotek's board following nearly 40 years as a senior
leader and practitioner at Deloitte, where his strategic vision,
operational expertise, and human capital thought-leadership helped
build the firm into a premier professional services firm. From 2015
until 2019, Fucci served as Executive Chairman of Deloitte U.S.
LLP, and subsequently assumed the role of Chairman Emeritus. During
this time, he also served on the Global Board of Directors of
Deloitte, where he was a member of the Global Governance and
Compensation & Evaluation committees. Prior to his role as
Chairman, Fucci served as Chief Operating Officer of Deloitte
Consulting, and led the Human Capital Practice to transformative
growth.
John W. Gibson, Jr., Chairman,
President, and Chief Executive Officer of Flotek stated: "Flotek is
incredibly fortunate to attract and welcome Mike Fucci to our board. Mike is a recognized
leader in driving strategies related to diversity and inclusion,
business transformation and succession management that deliver
greater value for shareholders for the world's leading businesses.
Flotek's goal of achieving high-margin growth and value for all of
our stakeholders starts with our people and our culture, and I look
forward to Mike contributing to Flotek's continued
transformation."
Fucci said, "I am honored to join the board of Flotek. I am
looking forward to working with John
Gibson and this incredibly innovative team to contribute to
the growth of this important business."
Fucci began his career in Deloitte's New York Actuarial,
Benefits, and Compensation practice, specializing in health care
merger integration. In his time with the firm, he built Deloitte's
Human Capital Practice into the industry's gold standard and a
major profit center for the firm. His innovative thinking on issues
around leadership development, diversity and inclusion, and HR
transformation made Deloitte the largest human capital practice in
the world today. His expertise around aligning compensation with
shareholder interests has been critical to realizing the human
capital needs of some of the world's most recognizable companies.
Fucci's past recognitions include being named Consulting magazine's
2008 "Top 25 Consultants" list for his work with clients and
leadership excellence. He is a frequent author and speaker on
issues related to increasing women and diversity on boards and the
advancement of under-represented minorities. He attended
Montclair State University in
New Jersey, where he earned a
Bachelor of Science in mathematics.
About Flotek
Flotek Industries, Inc. is a
technology-driven, specialty chemistry and data company that serves
customers across industrial, commercial and consumer markets.
Flotek's Chemistry Technologies segment develops, manufactures,
packages, distributes, delivers, and markets high-quality
sanitizers and disinfectants 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 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 Flotek's web site
at www.flotekind.com.
Forward-Looking Statements
Certain statements set
forth in this press release constitute forward-looking statements
(within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934) regarding
Flotek Industries, Inc.'s business, financial condition, results of
operations and prospects. Words such as will, continue, expects,
anticipates, intends, plans, believes, seeks, estimates and similar
expressions or variations of such words are intended to identify
forward-looking statements, but are not the exclusive means of
identifying forward-looking statements in this press release.
Although forward-looking statements in this press release
reflect the good faith judgment of management, such statements can
only be based on facts and factors currently known to management.
Consequently, forward-looking statements are inherently
subject to risks and uncertainties, and actual results and outcomes
may differ materially from the results and outcomes discussed in
the forward-looking statements. Further information about the
risks and uncertainties that may impact the Company are set forth
in the Company's most recent filing with the Securities and
Exchange Commission on Form 10-K (including, without limitation, in
the "Risk Factors" section thereof), and in the Company's other SEC
filings and publicly available documents. Readers are urged
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. The Company
undertakes no obligation to revise or update any forward-looking
statements in order to reflect any event or circumstance that may
arise after the date of this press release.
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SOURCE Flotek Industries, Inc.