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Flotek Industries, Inc. Announces Appointment Of Carla Schulz Hardy To Board Of Directors, Retirement Of Dick Wilson From Board Of Directors And Results Of Annual Stockholders' Meeting

Stocks in this article: FTK

HOUSTON, May 21, 2013 /PRNewswire/ --  Flotek Industries, Inc. (NYSE:FTK) ("Flotek" or the "Company") today announced that the Board of Directors unanimously elected Carla Schulz Hardy to the Company's Board of Directors.

Ms. Hardy, 47, a member of the founding family of Florida Chemical Company, Inc., served as Chairman of the Board of Florida Chemical Company, Inc. Founded by Ms. Hardy's father more than 70 years ago, Florida Chemical – now a wholly-owned subsidiary of Flotek – is the largest processor of citrus oils in the world, producing citrus terpines, including d-Limonene, and Flavor and Fragrance compounds. Ms. Hardy's active participation as a shareholder and board chairman since 2006 reflects her strong interest in the industry and markets served by Florida Chemical. Ms. Hardy has been a champion for the renewable and sustainable value of citrus oils in their many commercial applications.

While serving as Chair of Florida Chemical, Ms. Hardy was a leader in the evolution of the company from a family-run business to an international specialty citrus-focused chemical company with a professional and collaborative governance structure. Ms. Hardy was instrumental in the merger of Florida Chemical into Flotek, creating the leading international bio-based specialty chemical company focused on renewable and sustainable chemistry for applications across multiple industries, including energy, industrials and consumer products.

A graduate of University of Central Florida, Hardy, her husband and three children reside in Orlando and are active members of the Central Florida community. Hardy is a volunteer with Grace Medical Home Inc., a not-for-profit medical practice serving working uninsured individuals in Orange County, Florida, as well as a long standing volunteer working with teenagers at First Presbyterian Church Orlando.

"We are delighted to welcome Carla to the Flotek Board of Directors and look forward to her unique perspectives on our business," said John Chisholm, Chairman, President and Chief Executive Officer of Flotek. "From her position as a primary shareholder of Florida Chemical and as Chairman of the board of a major private company, her experience and viewpoints will bring a sense of energy and diversity to our governance process. We look forward to her expertise and input as we build our combined companies into an environmental technology leader in the energy, industrial and consumer staples arenas."

"I am honored to have been selected to serve as a director of Flotek and look forward to working diligently to provide leadership as a new voice on the board," said Ms. Hardy. "All members of the Florida Chemical team are excited about this opportunity and believe that the combination of the two companies creates a plethora of new opportunities for Flotek stakeholders. I am truly excited about the value creation opportunities as a result of Flotek's acquisition of Florida Chemical and being a part of that process."

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