TETRA Technologies, Inc. Announces Executive Changes
February 25, 2019 at 07:30 am EST
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TETRA Technologies, Inc. announced that Stuart M. Brightman, Chief Executive Officer and a director of TETRA, has advised the Board of Directors of his intent to retire from his role as Chief Executive Officer immediately following the Annual Meeting of TETRA stockholders on May 3, 2019. In connection with Mr. Brightman's planned retirement, the Board of Directors of TETRA has appointed Brady M. Murphy, as Chief Executive Officer, to be effective on Mr. Brightman's retirement. Mr. Murphy joined TETRA in February of 2018 and is currently President, Chief Operating Officer, and a director of TETRA.
TETRA Technologies, Inc. is an energy services and solutions company. The Company is focused on bromine-based completion fluids, calcium chloride, water management solutions, frac flowback, and production well testing services. The Company's segments include Completion Fluids & Products Division and Water & Flowback Services Division. The Completion Fluids & Products Division manufactures and markets clear brine fluids (CBFs), additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East, and Africa. The Water & Flowback Services Division provides a range of water management services that support hydraulic fracturing in unconventional well completions for domestic onshore oil and gas operators. These services include fresh and produced water analysis, treatment and recycling, blending and distribution and others.