Adams Resources & Energy, Inc. Announces Appointment Of New Director
May 21, 2019 at 05:14 pm EDT
Share
Adams Resources & Energy, Inc. announced that John O. Niemann, Jr. has been elected a member of its board of directors, effective May 20, 2019. Mr. Niemann has also been appointed to serve on the board's Audit and Compensation Committees. Mr. Niemann has served as a Managing Director of Andersen Tax LLC (formerly known as WTAS LLC) since June 2013. He is also the president and chief operating officer of Arthur Andersen LLP, and has been since 2003.
Adams Resources & Energy, Inc. is engaged in crude oil marketing, truck, and pipeline transportation, terminalling and storage in various crude oil and natural gas basins in the lower 48 states of the United States. The Company also conducts tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk primarily in the lower 48 states of the United States, with deliveries into Canada and Mexico, and with 17 terminals across the United States. Its segments include crude oil marketing, transportation, and storage; tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; pipeline transportation, terminalling and storage of crude oil, and interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, and other chemicals. Its subsidiaries include Service Transport Company, Ada Resources, Inc., and Phoenix Oil, Inc.