THE WOODLANDS, Texas,
Aug. 5, 2021 /PRNewswire/ -- Target
Hospitality Corp. ("Target Hospitality", "Target" or the "Company")
(NASDAQ: TH), North America's
largest provider of vertically integrated modular accommodations
and value-added hospitality services, continues its strategic focus
into government services, with the appointment of Major General
(Ret.) Barbara Faulkenberry to its
board of directors, effective August
4, 2021.
The appointment is a further step in the Company's growth
strategy that broadens its operating capabilities into adjacent
markets that are consistent with the Company's core competencies,
while remaining focused on expanding its value-added solutions
supporting the United States Government. This appointment
reinforces Target's ability to effectively identify and evaluate
growth opportunities, while aligning leadership capabilities with
strategic focus within the government services market.
Ms. Faulkenberry's experience in the
United States Air Force, commanding global mobilization and
logistics efforts, will enhance Target's ability to evaluate and
execute on additional government services opportunities.
Further, her expertise in serving a diverse constituency, across a
variety of end-market applications, will strengthen the Company's
ability to assess a broad range of other value-added growth
efforts.
"We are pleased to welcome Barbara as a new independent director
to the Target Hospitality board. Her extensive knowledge with
government services will provide valuable perspective as we
continue to see additional growth opportunities supporting the
United States Government. Her addition will broaden our
current board of directors' skills and experiences and we look
forward to her contributions," stated Brad
Archer, President and Chief Executive Officer.
Ms. Faulkenberry will serve as a Class II director as well as a
member of the Audit Committee and Nominating and Corporate
Governance Committee.
Ms. Faulkenberry retired from the United States Air Force in
2014 as a Major General (2-stars) after a 32-year career, finishing
in the top 150 leaders of a 320,000-person global
organization. Her last assignment in the United States Air Force was as vice
Commander (COO) and Interim Commander (CEO) of a 37,000-person
organization conducting all Department of Defense air cargo,
passenger, and medical patient movements across the globe using
1,100 military aircraft plus contracted commercial
aircraft. Ms. Faulkenberry currently serves as an independent
director for USA Truck, a publicly
traded provider of trucking services across North America and Callon Petroleum, a publicly
traded independent oil and natural gas exploration and development
company. Ms. Faulkenberry received a BS degree from the
United States Air Force Academy in
1982, an MBA from Georgia College in
1986, and a Masters of National Security from the National Defense University in 1999.
"I am excited to join the Target Hospitality board of directors
and utilize my experiences in the military and interacting with
various United States Government agencies to aid the continued
growth of the Company. I believe the knowledge I have gained
over my career will be additive to Target's continued focus of
broadening its service offerings in support of the United States
Government. I look forward to contributing to the strategic
initiatives of the Company," stated Barbara
Faulkenberry.
Athena Alliance served in
consultation with the appointment of Ms. Faulkenberry.
About Target Hospitality
Target Hospitality is North
America's largest provider of vertically integrated modular
accommodations and value-added hospitality services in the United States. Target builds, owns and
operates a customized and growing network of communities for a
range of end users through a full suite of value-added solutions
including premium food service management, concierge, laundry,
logistics, security and recreational facilities services.
Investor Contact
Mark
Schuck
(832) 702 –
8009
ir@targethospitality.com
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SOURCE Target Hospitality