HOUSTON, March 16, 2015 /PRNewswire/ -- Adams
Resources & Energy, Inc. (NYSE MKT-AE) announced it has
increased its Board of Directors to seven positions with the
appointments of Michelle A. Earley
and Murray E. Brasseux to the Board
effective March 17, 2015. These
appointments increase the Board's independent director positions
from the current three to five positions.
Ms. Earley is a partner with the law firm of Locke Lord
LLP. She has extensive experience in capital markets and
mergers and acquisition transactions as well as advising clients on
securities regulation and offerings and corporate governance.
She is a member of the Locke Lord Practice Development Committee,
Women's Initiative Committee and Diversity Committee as well as
hiring partner for the Austin,
Texas office. She is also very involved in community
and legal efforts in the Austin
area. Ms. Earley is a summa cum laude graduate of
Texas A&M University in 1993 with a
J.D. from Yale Law School in 1997.
Mr. Brasseux recently retired as the Managing Director, Oil
& Gas Finance at BBVA Compass Bank. Originally employed
by the bank in 1994, he started their energy lending group and grew
it to approximately $8 billion in
energy lending commitments servicing approximately 170 upstream and
midstream companies. His extensive banking experience
included energy lending positions with Bank One, MCorp and Bank of
the Southwest, Mr. Brasseux also spent several years as a
co-founder and Vice President—Finance of a private exploration
company in Louisiana. A former First Lieutenant in the U.S.
Air Force with specialization in accounting and finance, Mr.
Brasseux obtained a Bachelor of Science in Finance in 1972 and a
Master of Science in Finance in 1976 from Louisiana State
University.
The Board of Directors also announced the appointment of
Sharon C. Davis to the position of
Executive Vice President and Chief Operating Officer. Ms.
Davis was originally employed by the Company in 1992 and has served
as the Company's Treasurer and Chief Accounting Officer since May
2009. She is a Certified Public Accountant in the
State of Texas.
Current Director and Chairman of the Nominating and Compensation
Committees, Townes G. Pressler, will
also assume the additional duties of Vice Chairman of the Board of
Directors.
Thomas S. Smith, Chairman and
President, said, "We are very proud of these announcements and are
honored to have Michelle, Murray, Sharon and Townes serving in
these positions. We believe this is an extremely talented
group with the highest integrity. They will be great additions to
our Board and management structure."
Adams Resources & Energy, Inc., through its subsidiaries, is
engaged in the business of marketing crude oil, tank truck
transportation of liquid chemicals; and oil and gas exploration and
production.
Rick Abshire
(713-881-3609)
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SOURCE Adams Resources & Energy, Inc.