NEWPARK RESOURCES, INC. (NYSE:NR) Files An 8-K Departure of Directors or Certain Officers; 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
After 13 years of service, Gary L. Warren informed the Nominating and Corporate Governance Committee of the Board of Directors of Newpark Resources, Inc. (the “Company”) on February 19, 2019 that he does not wish to stand for re-election at the Company’s next annual general meeting of stockholders (the “Annual Meeting”), but instead intends to retire from the Board effective at the conclusion of the Annual Meeting. The anticipated retirement of Mr. Warren from the Board did not arise from any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. Mr.Warren intends to serve out the rest of his term as a director. Subsequent to the retirement of Mr.Warren from the Board at the Annual Meeting, the size of the Board will be reduced from seven directors to six directors.
Item 9.01. Financial Statements and Exhibits.
Press Release of Newpark Resources, Inc. dated February 21, 2019.
NEWPARK RESOURCES INC Exhibit
EX-99.1 2 a991pressrelease20190221.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1 NEWS RELEASE Contacts: Gregg PiontekVice President and Chief Financial OfficerNewpark Resources,…
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About NEWPARK RESOURCES, INC. (NYSE:NR)
Newpark Resources, Inc. is an oil and gas supplier. The Company provides products and services to the oil and gas exploration (E&P) industry. The Company operates its business through two segments: Fluids Systems, and Mats and Integrated Services. The Company’s Fluids Systems segment offers customized solutions, including technical drilling projects involving subsurface conditions, such as horizontal, directional, geologically deep or deep water drilling. It offers drilling fluids solutions to E&P customers in North America; Europe, the Middle East and Africa (EMEA); Latin America, and Asia Pacific. The Mats and Integrated Services segment provides composite mat rentals, well site construction and related site services to oil and gas customers at well, production, transportation and refinery locations in the United States. The Company manufactures DURA-BASE Advanced Composite Mats for use in its rental operations, as well as for third-party sales.