Our Board of Directors has adopted policies to guide the operation and direction of the Board and its committees, including Corporate Governance Guidelines and charters for each of its committees. These comply with the requirements of the NYSE standards, applicable provisions of the Sarbanes-Oxley Act of 2002, and SEC rules. Copies of the Corporate Governance Guidelines, as well as the charters for each of the Audit Committee, Compensation Committee, Compliance Committee, and Nominating & Governance Committee, are available below.
Our Board of Directors
Our Board consists of twelve directors, nine of whom are independent non-management directors. The sole inside director is Nextier’s CEO. An independent director serves as Chairman.
Mr. Drummond joined Keane in August 2018 as Chief Executive Officer. Prior to joining Keane, Mr. Drummond served as the President & Chief Executive Officer of Key Energy Services, Inc. and served for more than 30 years at Schlumberger Limited in various executive positions. Mr. Drummond has been a Supervisory Director at Frank’s International N.V. since May 2017, and sits on the board of directors of the Petroleum Equipment Suppliers Association and the advisory board for the University of Alabama College of Engineering. He has previously served on the board of directors of the National Ocean Industries Association, the Houston Offshore Energy Center, the Greater Houston Partnership, the API Upstream Committee, and as an Advisory Board Member of the University of Houston Global Energy Management Institute. He holds a B.S. in Petroleum Engineering from the University of Alabama. Mr. Drummond brings to our board of directors a wealth of experience in positions of leadership across the energy industry.
Mr. Brightman joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”). He served on the board of directors of C&J since January of 2017. Mr. Brightman has served as a director of TETRA Technologies, Inc. (“TETRA”), a diversified oilfield services company, since May 2009. He also served as Chief Executive Officer of TETRA from May 2009 until May 2019, as President of TETRA from May 2009 until February 2018, and as Executive Vice President and Chief Operating Officer of TETRA from April 2005 to May 2009.
During his tenure in executive roles at TETRA, Mr. Brightman has successfully positioned TETRA as a leading player in several of its markets. He has also led TETRA through multiple key acquisitions and divestitures.
Prior to TETRA, Mr. Brightman spent 11 years at Dresser, Inc. (including its successors in interest, “Dresser”), in a variety of leadership roles, during which he was involved in multiple M&A transactions, internal restructurings and product/market repositionings. He has experience in integration of acquisitions and oversight of operations, engineering, sales and marketing, finance, human resources and information technology. He was also part of the management team that led the leveraged buyout of Dresser Equipment Group by Dresser senior management and investment firms.
Mr. Brightman received his Bachelor of Science degree from the University of Pennsylvania and his Master of Business Administration degree from the Wharton School of Business.
Mr. Edwards has served as a member of Keane’s board of directors since September 2016. Mr. Edwards has served as President and Chief Executive Officer and as a member of the board of directors of Diamond Offshore Drilling, Inc., a deepwater water drilling contractor, since 2014. He previously spent 30 years at Halliburton Company, where he worked in various roles, most recently as Senior Vice President of the Completion and Production Division. Mr. Edwards developed an extensive background in the global energy industry during his tenure at Halliburton, which enables him to provide important contributions and a new perspective to our board of directors. His day-to-day leadership experience gives him invaluable insight regarding the operations of an oilfield services company.
Mr. Halverson has served as a member of Keane’s board of directors since September 2016. In 2016, Mr. Halverson became a Senior Advisor at First Reserve, a private equity firm that focuses on energy investments, and a Partner at 360 Development Partners, a commercial real estate firm. Mr. Halverson was formerly Group President of Drilling and Production Systems and Senior Vice President at Cameron International Corporation from 2014 to 2016 prior to its sale to Schlumberger in 2016. He has over 20 years of industry experience with Cameron, where he worked in various roles across the U.S., Latin America and Asia, including President of Surface Systems between 2005 and 2014, Vice President and General Manager for Western Hemisphere between 2002 and 2006, General Manager of Latin America between 2001 and 2002 and Director of Sales and Marketing for Asia/Pacific/Middle East between 1993 and 2001. Mr. Halverson currently serves as Chairman of the Board of Directors of the Petroleum Equipment Suppliers Association, as a director on the board of the General Committee of Special Programs of the American Petroleum Institute, as a director on the board of the Well Control Institute and was the U.S. delegate to the World Petroleum Congress. Mr. Halverson’s extensive involvement in the oilfield service industry brings a valuable perspective to our Board.
Mr. Kennedy joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”). He served on the board of directors of C&J since January of 2017. Mr. Kennedy was President and Chief Executive Officer of Wilson International, a wholly owned business unit of Smith International, from 1999 to 2010 and of Schlumberger from August 2010 to May 2012. During his tenure, the company developed and executed growth strategies, building a global infrastructure and implementing leading supply chain information technologies.
Prior to this, he served in multiple senior financial roles, including Chief Financial Officer at Smith International Inc., where he held responsibility for, among other things, accounting, strategic planning, investor relations, SEC reporting, board reporting, tax planning, exposure management, acquisition integration and corporate finance.
He currently serves as Chairman of the board of directors of MicroSeismic Inc., where he has also served as Chairman of the audit committee since January 2015. He was appointed to MicroSeismic’s board of directors in September 2013. Mr. Kennedy also currently serves as an advisor to Sumitomo Corporation of the Americas, a position he has held since 2015. Mr. Kennedy previously served on the board of directors for Edgen Group from January to November 2013 and CE Franklin Inc. from 1999 to May 2012. Mr. Kennedy is a member of the Industry Advisory Board to the Industrial Distribution Program at Texas A&M university, a position he has held since 2005. His career has spanned over 35 years in both executive finance and operating positions providing a broad range of expertise in strategic planning, organization structure, acquisitions, divestitures, recapitalizations and reorganizations in companies with global operations.
Mr. Kennedy is a member of the Chartered Association of Corporate Treasurers (FCT). Mr. Kennedy graduated from Farnborough College of Technology in 1973.
Mr. Mueller joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”). He served on the board of directors of C&J since January of 2017. He is also currently as a Senior Advisor for First Reserve Corporation (a private equity investment firm exclusively focused on energy and specializing in buyouts, growth capital, and industry consolidations in middle market companies), having joined the First Reserve Senior Advisor Program in September 2016.
Mr. Mueller served in key leadership roles, including Chairman of the Board, Chief Executive Officer, Chief Operating Officer and President at Southwestern Energy Company (“Southwestern”), an energy company engaged in exploration, development, production, gathering and marketing, during his tenure from 2008 until his retirement in 2016. While with Southwestern, he repositioned the company from Arkansas-centric to a significant Appalachian exploration and production player and oversaw numerous acquisitions and divestitures. He was also instrumental in Southwestern’s environmental and sustainability efforts, including developing a leading approach to water use, methane emissions and fracture stimulation issues.
Mr. Mueller holds a Bachelor of Science degree in Geologic Engineering from the Colorado School of Mines. His 40-plus years of experience in the oil and gas industry evolved from his first position as a Geological Engineer with Tenneco Oil and Gas Company to roles of increasing responsibility in engineering, operations and management with both large and micro exploration and production companies. He has also participated in transformations in all but one of those companies.
He continues to exhibit his leadership in the industry through his involvement with the Gas Technology Institute.
Mr. Murray joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”) and currently serves as Chairman of the Board. He served as chairman of the board of C&J since January of 2017. Mr. Murray retired from Dresser, Inc. (including its successors in interest, “Dresser”), a manufacturer and marketer of highly engineered equipment for the energy industry, where he had been the Chairman of the Board and Chief Executive Officer since 2001. Mr. Murray has over 35 years of domestic and international experience in both operational management and financial/business development leadership roles.
Mr. Murray served in a variety of senior leadership roles with Dresser, including President and Chief Executive Officer of Dresser; President of Halliburton Company’s Dresser Equipment Group, Inc.; Vice President, Strategic Initiatives of Dresser Industries, Inc.; and Vice President, Operations of Dresser, Inc. from 1996 to 2000. Mr. Murray was Chief Executive Officer of
the management team that led the leveraged buyout of Dresser Equipment Group by Dresser senior management and investment firms.
Mr. Murray previously served as a director Precision Drilling’s board and Harvest Natural Resources’ board. Mr. Murray served as the President of Sperry-Sun Drilling Services from 1988 through 1996. Mr. Murray joined NL Industries in 1973 as a Systems Application Consultant and served in a variety of increasingly senior management positions. Mr. Murray also serves on the board of the World Affairs Council of Dallas Fort Worth, on the board of advisors for the Maguire Energy Institute at the Edwin L. Cox School of Business, Southern Methodist University, and as Chairman of the Board of Regents of Seton Hall University. Mr. Murray holds a Bachelor of Science degree in Accounting and a Master of Business Administration from Seton
Hall University. He also served for two years in the U.S. Army as a commissioned officer.
Ms. Nelson joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”). She served on the board of directors of C&J since July of 2019. She is also the president of Greenridge Advisors, LLC, which she founded in 2007 as an energy services and equipment consulting firm focused on the development, execution, and financing of growth strategies. Ms. Nelson advises her clients on strategy development, capital allocation, acquisition and divestment evaluation and infrastructure development. Her clients span a broad range of oilfield service, product and geographic markets.
Ms. Nelson has been a member of Apache Corporation’s board of directors since 2014, and is a member of its audit committee and corporate governance and nominating committee. She also joined the Helix Energy Solutions Group, Inc. board of directors and its audit committee in July of 2019.
From 2000 to 2007, Ms. Nelson served as a vice president of SCF Partners, an oilfield service and equipment-focused private equity firm, where she concentrated on investment strategy, investment execution and portfolio company management. From 1992 to 1998, Ms. Nelson worked for Amoco Production Company in planning, project management and engineering roles. She received a B.S. in Mechanical Engineering and B.A. in Economics from Rice University and an MBA with Distinction from Harvard University.
Ms. Nelson has devoted her career to serving companies in the oil and gas industry.
Mr. Riggs has served as a member of Keane’s board of directors since October 2019. Mr. Riggs has served in senior-level positions of Clayton Williams and its related companies for 28 years, including his current position as Vice President and Director since May 2017. Clayton Williams Companies is a group of privately held companies involved in oil and natural gas activities, real estate, and agricultural operations. From March 2015 to April 2017, Mr. Riggs served as President of Clayton Williams Energy, Inc. (“CWEI”), a public exploration and production company that develops and produces oil and natural gas. From December 2010 until Mach 2015, Mr. Riggs served as Executive Vice President and Chief Operating Officer of CWEI. From 1991 to December 2010, Mr. Riggs served as Senior Vice President—Finance, Secretary, Treasurer, and Chief Financial Officer of CWEI. Mr. Riggs currently serves as a Director at TransAtlantic Petroleum Ltd. (NYSE: TAT) since July 2009 and as a Director and the Chairman of the Board of Royale Energy, Inc. (OTC: ROYL) since July 2018. He previously served as a Director of CWEI from May 1994 until April 2017. Mr. Riggs is a Certified Public Accountant and received a BBA degree in Accounting from Texas Tech University.
Mr. Roemer joined our board of directors in October 2019 as part of our merger with C&J Energy Services, Inc. (“C&J”). He served on the board of directors of C&J since December 2010. Mr. Roemer also operates his business, Roemer Financial Consulting, a financial advisory services company that he founded in 2012. He advises closely held businesses with financial advice, focusing on potential merger and acquisitions and exit transactions.
Prior to his current role, Mr. Roemer served as a Partner and Chief Financial Officer of Hammond, Kennedy, Whitney & Company (“HKW”), a private equity firm. In this role, his responsibilities included, among other things, financial and tax reporting, coordinating financial due diligence of acquisition targets, and working with the HKW team to assess a target’s financial results and the financial management team’s capabilities.
Mr. Roemer received his Bachelor of Science in Accounting from the University of Rhode Island. Mr. Roemer began his career with the Flackman, Goodman & Potter accounting firm, where he rose to the level of Partner. He is a licensed CPA with over 35 years’ experience.
Mr. Stewart joined Keane in March 2011 as Chairman and Chief Executive Officer and became Executive Chairman in August 2018. Prior to joining Keane, from 2007 to 2009, he served as the President and Chief Executive Officer of a privately held international drilling company. From 2006 to 2007, Mr. Stewart served as Vice President of Integrated Drilling Services for Weatherford International plc, based in London and Dubai, where he created and managed a global business unit that included a 50-rig international land contract drilling group and a global project management team. Mr. Stewart began his career with Schlumberger Limited, where he held senior leadership positions across the globe over the span of 22 years. Mr. Stewart’s qualifications to serve as Chairman and Chief Executive Officer include his broad leadership experience with oilfield services, as well as his long tenure and successes in the oil and natural gas market.
Mr. Wille has served as a member of Keane’s board of directors since March 2011. Mr. Wille is currently Co-Head of North American Private Equity and Managing Director at Cerberus, which he joined in 2006. Prior to joining Cerberus, Mr. Wille worked in the leveraged finance group at Deutsche Bank Securities Inc. from 2004 to 2006. Mr. Wille has served as a director of Remington Outdoor Company, Inc., a designer, manufacturer and marketer of firearms, ammunition and related products, since February 2014 and Albertsons Companies since 2015. Mr. Wille previously served as a director of Tower International, Inc., a manufacturer of engineered structural metal components and assemblies, from September 2010 to October 2012. Mr. Wille’s experience in the financial and private equity industries, together with his in-depth knowledge of our company and its acquisition strategy, are valuable to our board of directors’ understanding of our business and financial performance.