HOUSTON, Aug. 29, 2016 /PRNewswire/ -- Adams Resources
& Energy, Inc. (NYSE MKT:AE) announced today that Richard B. Abshire, Executive Vice President,
Chief Financial Officer and Treasurer, is retiring effective
August 31, 2016. In order to
ensure an orderly transition of his Company responsibilities, Mr.
Abshire will continue to advise the Company as a consultant as
necessary for the next few months.
Sharon C. Davis, the Company's
current Executive Vice President, Chief Operating Officer and Chief
Accounting Officer will assume the duties of Chief Financial
Officer and Treasurer on an interim basis.
Thomas S. Smith, Chairman and
President, said, "Rick has been a devoted member of the Adams
Resources team for 31 years, and we greatly appreciate his
leadership and contributions and the role he has played in assuring
the strength of the Company which we enjoy today."
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.
Contact Sharon C. Davis
(713) 881-3674
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SOURCE Adams Resources & Energy, Inc.