HOUSTON, May 10, 2021 /PRNewswire/ -- Flotek
Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) is pleased
to announce Matthew P. Sullivan has
joined the Company as Vice President of Professional Chemistries.
In this role, he will oversee the Company's business development
strategy and implementation for Flotek's cleaning, disinfecting and
sanitizing product line. He will report directly to Ryan Ezell, Ph.D, President of Flotek's
Chemistry Technologies segment.
Sullivan is an experienced leader in the Away from Home market,
with a specialization in the janitorial and sanitizing segment,
bringing more than 30 years' experience to the role. He joins
Flotek from Georgia-Pacific, a
Koch Industries company, where he held a variety of leadership
roles, and most recently, served as Director of Sales for the
Northeast Market for GP Pro. He started his career at Scott Paper
Company in 1989, later becoming senior market manager at Kimberly
Clark, following the Scott and Kimberly Clark merger. Sullivan
joined Clorox Professional for six years running 24 states in the
Eastern region. In 2003, he served on the leadership team of
Technical Concepts (TC), the world leader in restroom automation
systems, which sold to Newell
Rubbermaid in 2008.
"I'm incredibly excited to welcome Matt to our team here at
Flotek. I am confident Matt will help accelerate the momentum we
have built in our professional chemistries product line. For
decades, Matt has built a reputation as a trusted leader and
partner to customers, helping to solve their challenges through
meaningful solutions," said Ezell.
"I am thrilled to join Flotek at such an exciting time in the
Company's journey. With Flotek's chemistry and manufacturing core
competencies, I am eager to develop and promote our technologies
and portfolio of product solutions to the marketplace. Flotek's
agility and ability to meet distribution and end user demands will
create mutual value for all stakeholders – end users, distributors
and shareholders," said Sullivan. "I am humbled and honored that
the Flotek leadership team and Board has entrusted me with this
pursuit. I look forward to leveraging my relationships, experience
and market knowledge in the janitorial and sanitizing industry –
built over my professional lifetime – to grow the Company's
professional chemistries business."
As an inducement to join the Company and to closely align
interests with the Company's shareholders, Sullivan has been
granted 60,000 restricted stock awards (RSAs) that will vest over
three years.
Sullivan graduated from Northeastern
University in Boston with a
Bachelor of Science in journalism. He resides in Freehold, New Jersey.
In March, the Company launched Flotek Protekol™, its full suite
of high-performance surface cleaners, disinfectants, wipes and
sanitizers. The product line is made with ingredients sourced,
formulated, blended and bottled in the USA, and includes products registered with the
U.S. Food and Drug Administration (FDA) and Environmental
Protection Agency (EPA). More information can be found at
www.flotekprotekol.com.
About Flotek Industries
Flotek Industries, Inc. is a technology-driven, specialty
chemistry and data company that helps customers across industrial,
commercial and consumer markets improve their Environmental, Social
and Governance performance. Flotek's Chemistry Technologies segment
develops, manufactures, packages, distributes, delivers, and
markets high-quality cleaning, disinfecting and sanitizing products
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 green 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.