THE WOODLANDS, Texas,
Feb. 24, 2017 /PRNewswire/
-- Newpark Resources, Inc. (NYSE: NR) today announced an
upcoming leadership change in the Fluids Systems segment. Effective
July 1, 2017, Bruce Smith,
the current Executive Vice President and President of Fluids
Systems, will step into the newly created role of Chief Technology
Officer - Fluids, reporting directly to Paul Howes, Newpark's President and Chief
Executive Officer. In this new role, Mr. Smith will be
responsible for driving excellence through technology, a key
element of the Company's Fluid Systems differentiation
strategy.
Commenting on the transition, Mr. Howes, said, "I would like to
personally thank Bruce for his outstanding leadership and
significant contributions over the past 19 years to our Fluids
Systems business. He was especially instrumental in transforming
the business into a market leader and expanding our international
footprint. Given his complete understanding of the global oil &
gas industry, we expect Bruce will have the same success leading
the innovative technology initiatives of the Fluids Systems
business in this new, very important and strategic role."
The Company also announced the promotion of Phillip Vollands,
effective July 1, 2017, to the
position of Vice President, Newpark Resources, Inc. and President
Fluids Systems, reporting directly to Mr. Howes. Prior to joining
Newpark in October 2013 as President,
North American Fluids Systems and most recently, President, Western
Hemisphere, Phillip was Vice President, Tubular Running Services
for Weatherford International. Before Weatherford, Mr.
Vollands served in a variety of sales and operational roles of
increasing responsibility for National Oilwell Varco. He holds a BA
in Engineering Science and an MA (Oxon) from Oxford University.
Mr. Howes continued, "Phillip brings over 25 years of
global oilfield service experience that span multiple disciplines
with a proven track record in running both domestic and
international businesses. I am confident in Phillip's abilities,
and expect his contributions will play an important role in
Newpark's future."
Newpark Resources, Inc. is a worldwide provider of drilling
fluids, temporary worksites and access roads for oilfield and other
commercial markets. For more information, visit our website
at www.newpark.com.
Contacts:
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Brian
Feldott
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|
Director, Investor
Relations
|
|
Newpark Resources,
Inc.
|
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bfeldott@newpark.com
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281-362-6800
|
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SOURCE Newpark Resources, Inc.