THE
WOODLANDS, Texas, Sept. 6,
2022 /PRNewswire/ -- TETRA Technologies, Inc.
("TETRA" or the "Company") (NYSE: TTI) announced changes in its
senior management with the promotion of Matt Sanderson, to Executive Vice President and
Chief Commercial Officer and the addition of Roy McNiven, who will be joining TETRA as Senior
Vice President, Energy Services Operations.
In his new role, Matt Sanderson
will be responsible for leading the business development,
technology, marketing, and corporate development functions of the
company to develop and execute on the key company growth
strategies. This will include evolving partnerships to
accomplish our objectives in a growing oil and gas market as well
as those to support our lithium and bromine opportunities through
the development of our Arkansas
resources. Since December 2016, Matt
served as TETRA's Senior Vice President responsible for its Water
and Flowback Services and its Completion Fluids and Products
divisions.
As a former Senior Vice President of Operations and
Manufacturing at CSI Compressco LP, Roy
McNiven is well known to TETRA as a proven and strong
business leader with significant oil & gas services experience.
He previously served as Vice President of Services and Rental
Operations at Canrig, a division of Nabors Industries Ltd, and Vice
President of Products and Services at TESCO Corporation. Roy will
be focused on our Energy Services operations and to continue to
build upon our industry-leading positions for both Water and
Flowback and Completion Fluids and Products.
Brady Murphy, TETRA's President
and Chief Executive Officer, commented, "Given the many key growth
opportunities that we have facing a multi-year oil and gas business
recovery along with new markets for produced water beneficial
reuse, lithium and bromine solutions for energy storage and CO2
capture, we are expanding our senior management team to strengthen
our ability to execute. Matt and Roy are very well suited to allow
us to maximize our growth while operationally executing at a
continued high level. These changes are in addition to new
resources we have recently added for mineral extraction and
manufacturing and to our TETRA Innovation Group (TIG), our in-house
aqueous chemistry research group, to support these emerging
opportunities."
Company Overview
TETRA Technologies, Inc. is an industrial and oil & gas
products and services company operating on six continents focused
on bromine-based completion fluids, calcium chloride, water
management solutions, frac flowback, and production well testing
services. Calcium chloride is used in the oil and gas, industrial,
agricultural, road, food, beverage, and lithium production markets.
TETRA is evolving its business model by expanding into the low
carbon energy markets with its chemistry expertise, key mineral
acreage, and global infrastructure. Low carbon energy initiatives
include commercialization of TETRA PureFlow®, an
ultra-pure zinc bromide clear brine fluid for stationary batteries
and energy storage; advancing an innovative carbon capture
utilization and storage technology with CarbonFree to capture
CO2 and mineralize emissions to make commercial,
carbon-negative chemicals; and development of TETRA's lithium and
bromine mineral acreage to meet the growing demand for oil and gas
products and energy storage. Visit the Company's website at
www.tetratec.com.
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SOURCE TETRA Technologies, Inc.