Introduction of New Board Directors
Select Water Solutions, Inc. (NYSE: WTTR), renowned for its commitment to providing sustainable water and technology solutions for the energy industry, has recently made significant changes to its Board of Directors. The company is excited to announce the appointments of Bruce E. Cope and Timothy A. Roberts. Their extensive backgrounds in the oil and gas industry promise to strengthen the company’s leadership during its journey of growth and innovation.
Expertise in the Oil and Gas Sector
Bruce E. Cope brings over 30 years of invaluable experience in the oil and gas sector. His career has been marked by pivotal roles within exploration and production companies. He currently acts as the lead director for a family trust and provides consulting services while also teaching as an adjunct professor in the oil and gas domain. Before these endeavors, Mr. Cope held the position of Senior Vice President and Chief Accounting Officer for Hunt Consolidated, Inc., where he made significant contributions to financial management and oversight.
Cope’s professional journey also includes a history with prestigious firms like KPMG and Frates Enterprises. He earned his MBA from Oklahoma State University and a BBA in Accounting from Harding University, and he actively holds his CPA designation in Arkansas.
Tim Roberts' Impressive Background
Joining Mr. Cope on the Board is Tim Roberts, who has dedicated over 20 years to the oil and gas industry, with a particular emphasis on the Midstream sector. Currently serving as the CEO and Partner of Iron Horse Midstream, LLC, Roberts has a wealth of experience in managing energy investments. His career also features significant roles at Cardinal Midstream and various financial positions focusing on the energy sector, including stints at American Capital and Wachovia Energy Investment Banking.
Roberts holds a Master of Public Accounting from the University of Texas and a BBA in Accounting and Philosophy from the University of Notre Dame. His financial acumen and deep knowledge of energy investments will provide a strong foundation for Select Water Solutions as it tackles the evolving challenges within the industry.
Leadership Transition
Alongside these new appointments, it is important to note that Troy W. Thacker has decided not to seek re-election at the forthcoming Annual Meeting after nearly five years of dedicated service. His departure marks the end of a significant chapter for Select Water Solutions. John Schmitz, Chairman, President, and CEO of Select, acknowledged Thacker’s contributions, stating that his insights were instrumental in guiding the company through its strategic growth and operational enhancements.
This leadership transition comes at a pivotal time as Select Water Solutions continuously seeks to refine its water infrastructure growth strategy and foster midstream partnerships that align with evolving market demands. The integration of new perspectives and expertise from Cope and Roberts is expected to bolster these efforts.
Commitment to Sustainable Solutions
At its core, Select Water Solutions prioritizes sustainable practices and environmental responsibility in managing water resources. By leveraging critical water infrastructure assets and advanced chemical manufacturing capabilities, the company not only meets its operational requirements but also aims to protect the environment throughout the lifecycle of energy projects.
The involvement of Cope and Roberts is anticipated to enhance the sustainability initiatives at Select, ensuring that environmental considerations are front and center in the company’s operational strategies moving forward. With the ongoing advancements in technology and a growing focus on responsible resource management, Select Water Solutions is committed to continuing its leadership in sustainable water solutions.
Frequently Asked Questions
Who are the new directors appointed to Select Water Solutions?
The new directors appointed to Select Water Solutions are Bruce E. Cope and Timothy A. Roberts, bringing extensive experience in the oil and gas industry.
What roles did Bruce E. Cope previously hold?
Bruce E. Cope served as Senior Vice President and Chief Accounting Officer for Hunt Consolidated, Inc. and has over 30 years in the oil and gas sector.
How does Tim Roberts contribute to Select Water Solutions?
Tim Roberts, with over 20 years in the oil and gas industry, brings expertise in midstream operations and energy investments, enhancing the company's financial strategies.
What is Select Water Solutions' commitment?
Select Water Solutions is committed to providing sustainable water and technology solutions while prioritizing safe and environmentally responsible water management practices.
What changes are occurring on the Board of Directors?
Troy W. Thacker has opted not to seek re-election, concluding nearly five years of service, allowing the new directors to bring fresh insights to the Board.
