FORT WORTH, Texas--(BUSINESS WIRE)--Tom Bates has been appointed to the FTS International board of directors as its first independent member. Mr. Bates has 40 years of operational experience in the oil and gas industry, having held executive leadership positions at several major energy companies. He previously served as group president at Baker Hughes, chief executive officer at Weatherford-Enterra and president of the Anadrill division of Schlumberger. Mr. Bates was also a managing director and then senior advisor at Lime Rock Partners, an energy-focused private equity investment firm.
“Adding our first independent director is an important next step in FTSI’s growth plan, and Tom is an ideal person for the job,” FTSI CEO Greg Lanham said. “He brings a wealth of operational and technical expertise in the energy industry, and we are proud to welcome him to our team.”
Mr. Bates has a doctorate in mechanical engineering from the University of Michigan. He is invested in helping guide the future of the oil and gas industry through his work as an adjunct professor and co-chair of the advisory board for the Energy MBA Program at the Neeley School of Business at Texas Christian University in Fort Worth.
ABOUT FTS INTERNATIONAL
FTS International (www.ftsi.com) is one of the largest well completion service companies in North America. FTSI has 1.6 million hydraulic horsepower deployed in the major U.S. shale basins. The company provides well completion services, including pressure pumping, wireline and reservoir optimization technologies. Exploration and production companies use FTSI’s products, services and expertise to enhance recovery rates from oil and gas wells, primarily in unconventional plays.
