Newpark Resources, Inc. Appoints Donald "Donnie" Young to the Board of Directors, Effective March 1, 2022
February 18, 2022 at 04:15 pm EST
Share
Newpark Resources, Inc. announced that the Company has entered into a cooperation agreement with Bradley L. Radoff and affiliates, pursuant to which Donald "Donnie" Young will be appointed to the Board of Directors, effective March 1, 2022. With Mr. Young's appointment, the Board will increase in size by one director. In addition, as part of the Cooperation Agreement, the Company agreed to nominate a diverse candidate with either transactional or industrials expertise for election to the Board at the 2022 Annual Meeting of Stockholders in place of an incumbent director who will not stand for re-election.
Mr. Young serves as the Managing Member of Race Rock Group LLC.
.
Newpark Resources, Inc. is a geographically diversified supplier providing products, as well as rentals and services to customers across multiple industries. The Company operates through two segments include Industrial Solutions, Fluids Systems and Industrial Blending. Its Industrial Solutions segment provides temporary worksite access solutions, including the rental of its recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production (E&P), pipeline, renewable energy, petrochemical, construction and other industries, primarily in the United States and Europe. Its Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers for oil, natural gas, and geothermal projects primarily in North America and Europe, the Middle East and Africa, as well as certain countries in Asia Pacific.
NEWPARK RESOURCES, INC. 
