Ranger Energy Services, Inc. (NYSE: RNGR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Ranger Energy Services, Inc. (NYSE: RNGR) 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

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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 28, 2018, Ranger Energy Services,Inc. (the “Company”) announced the elimination of the Company’s Chief Operating Officer role. Mr. J. Matt Hooker previously serving in that position will remain with the Company as Senior Vice President of Ranger Energy Services, responsible for the company’s Rig, Snubbing, Well Testing, Logistics and Rental service offerings.

On November 28, 2018, the Company also announced that the board of directors of the Company appointed Mario H. Hernandez, the Company’s current Controller to the role of Chief Accounting Officer (“CAO”), effective as of November 28, 2018. Concurrent with the appointment of Mr. Hernandez as CAO, Brandon Blossman, Chief Financial Officer (“CFO”), stepped down as CAO.

Mr.Hernandez, age 62, joined the Company in May 2017 and has served as Controller through the date hereof. Prior to joining the Company, Mr.Hernandez served in various positions at Express Energy Services from February 2009 until December2015, most recently serving as the Senior Vice President Finance from November 2014 to December2015. Mr. Hernandez also served as CFO and CAO/Treasurer for Express Energy Services. Subsequent to his time at Express Energy Services, Mr.Hernandez evaluated potential opportunities and provided consulting services prior to joining Ranger in May 2017. Mr.Hernandez holds a Bachelor of Science – Business Administration from the University of Houston-Victoria and is a certified public accountant.

The Company and Mr. Hernandez have not yet entered into any material plan, contract or arrangement in connection with Mr. Hernandez's appointment as CAO. An amended Form 8-K will be filed if any such action is taken.

There are no family relationships between Mr.Hernandez and any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer. There are no arrangements or understandings between Mr.Hernandez and any other persons to which he was selected as CAO.

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