Adams Resources & Energy, Inc. Announces Management Appointments
March 16, 2015 at 04:31 pm EDT
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Adams Resources & Energy Inc. announced it has increased its Board of Directors to seven positions with the appointments of Michelle A. Earley and Murray E. Brasseux to the Board effective March 17, 2015. These appointments increase the Board's independent director positions from the current three to five positions. Ms. Earley is a partner with the law firm of Locke Lord LLP.
Mr. Brasseux recently retired as the Managing Director, Oil & Gas Finance at BBVA Compass Bank. The Board of Directors also announced the appointment of Sharon C. Davis to the position of Executive Vice President and Chief Operating Officer. Ms. Davis was originally employed by the company in 1992 and has served as the company's Treasurer and Chief Accounting Officer since May 2009.
Current Director and Chairman of the Nominating and Compensation Committees, Townes G. Pressler, will also assume the additional duties of Vice Chairman of the Board of Directors.
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.
ADAMS RESOURCES & ENERGY, INC. 
