ADAMS RESOURCES Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 30, 2017, Adams Resources & Energy, Inc. (the “Company”), a Delaware corporation, issued a press release announcing the election of Kevin J. Roycraft as President of Service Transport Company (“Service Transport”), a wholly owned subsidiary of the Company, effective November 13, 2017. James L. Brown will remain with Service Transport through his retirement date of December 31, 2017 to help facilitate a smooth transition.

Mr. Roycraft age 47, has over 24 years of experience in transportation and logistics operations, management and executive leadership. He joins Service Transport from Dana Transport Inc., where he served as Executive Vice President. From 2012 through 2015, Mr. Roycraft was the President and Chief Executive Officer of Aveda Transportation and Energy Services. From 2004 through 2012, Mr. Roycraft held various positions of increasing responsibility with Liquid Transport Corp, including Director of Business Development and Vice President of Operations. He holds a Bachelor of Science degree in Organizational Leadership and Supervision from Purdue University.

A copy of the news release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

Item 5.02 Financial Statements and Exhibits.

(d) Exhibits.

ADAMS RESOURCES & ENERGY, INC. Exhibit
EX-99.1 2 a4q2017ex991stcpresident_1.htm EXHIBIT 99.1-PRESS RELEASE Exhibit Exhibit 99.1 FOR IMMEDIATE RELEASEADAMS RESOURCES & ENERGY,…
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About ADAMS RESOURCES & ENERGY, INC. (NYSEMKT:AE)

Adams Resources & Energy, Inc., along with its subsidiaries, is engaged in the business of crude oil marketing, tank truck transportation of liquid chemicals, and oil and gas exploration and production. The Company’s segments include Marketing Segment, Transportation Segment, and Oil and Gas Segment. The Company manages its Marketing Segment through its subsidiary, Gulfmark Energy, Inc., which is engaged in marketing of crude oil. It operates approximately 210 tractor-trailer rigs and maintains over 120 pipeline inventory locations or injection stations. The Company operates its Transportation Segment, through Service Transport Company, which transports liquid chemicals. Its Service Transport Company subsidiary operates over 320 truck tractors, of which over 290 are Company-owned with over 30 independent owner-operator units. The Oil and Gas Segment operates through Adams Resources Exploration Corporation subsidiary, which explores and develops domestic oil and natural gas properties.