By Houston Business Journal

Flotek Chairman and Chief Executive Jerry Dumas has resigned as chairman of the companyâ¿¿s board of directors, Flotek announced Wednesday.

Dumas, also Flotekâ¿¿s chief executive officer, is retiring from the company as a whole.

President John Chisholm replaces Dumas in the role of chairman of Houston-based Flotek (NYSE: FTK).

⿿For over a decade, Jerry⿿s stewardship built Flotek from a fledgling oilfield services company to a respected specialty oilfield chemical, downhole tool and artificial lift company listed on the New York Stock Exchange,⿝ Chisholm said. ⿿While cyclical pressures in the oil patch have created challenges for our company they do not diminish Jerry⿿s vision for and leadership of Flotek over the years.⿝

Copyright 2010 American City Business Journals
Copyright 2010