Rockwater Announces Senior Leadership Changes

July 19, 2013
Download PDF

Houston, TX. Rockwater Energy Solutions, Inc., a water management and environmental solutions provider to the oilfield industry, announced today that Holli Ladhani, former Executive Vice President & CFO for Rockwater, will be assuming the role of Executive Vice President – Chemical Technologies. Holli will be taking over the role previously handled by Doug Hayes, former Senior Vice President – Chemical Technologies. Mr. Hayes will be leaving the company to spend more time tending to family matters.

“We want to recognize all of Doug’s contributions to Rockwater since he joined the company in February 2012,” commented Larry O’Donnell, Chairman, President and CEO of Rockwater. “His efforts to make Rockwater a great company and a great place to work are much appreciated.”

Rockwater also announced today that David Nightingale has been promoted to Executive Vice President – Water Management. David joined Rockwater in April 2012 as Senior Vice President – Water Management. This change in title is to recognize David’s exemplary performance and leadership in this segment of Rockwater’s operations.

Rockwater also announced today that Cherie Rice will be joining Rockwater as its Senior Vice President & Chief Financial Officer. Cherie most recently served as the Vice President- Finance & Treasurer for Waste Management, a $13 billion Fortune 200 environmental services company, where she was responsible for overall capital management, risk management, and internal performance reporting. Cherie began her 27-year career at Waste Management as an Accounting Manager, and progressed through roles of increasing responsibility, including Regional Controller for Arizona & Southern California, Group VP & Controller, and VP of Investor Relations. Before joining Waste Management, Cherie was a Financial Analyst for Tektronix, Inc., in Oregon. Cherie obtained her B.A. in business (Summa Cum Laude) from the University of Oregon.

O’Donnell concluded, “I am excited about the quality of the team we have at Rockwater, and feel confident of our ability to build the leader in water management and environmental solutions to the oilfield.”

About Rockwater Energy Solutions

Rockwater Energy Solutions, Inc. provides extensive water and fluids management services and environmental solutions to the oil and gas industry by customizing cost-effective solutions associated with the full water life cycle. Rockwater offerings include water transfer by pipe; completion, stimulation, and production chemicals; water conditioning for reuse; proppant, guar, and additives for fracturing; flowback and well testing services; fluids transportation and storage; and logistics and distribution services to support its product and service offerings. Rockwater is headquartered in Houston, Texas, and has about 3,000 employees serving every major shale basin in North America.

Forward Looking Statements. Rockwater Energy Solutions, Inc. (the “Company”), from time to time, provides estimates of financial and other data, comments on expectations relating to future periods and makes statements of opinion, view or belief about current and future events. Statements relating to future events and performance are “forward-looking statements.” Forward-looking statements are generally accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “could,” “may,” “foresee,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements are not guarantees of performance. The Company has based these forward-looking statements on its current expectations and assumptions about future events. These statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate under the circumstances. Actual results may differ materially from those implied or expressed by the forward-looking statements. These forward-looking statements speak only as of the date of this press release, or if earlier, as of the date they were made. By issuing estimates or making statements based on current expectations, opinions, views or beliefs, the Company has no obligation, and is not undertaking any obligation, to update such estimates or statements or to provide any other information relating to such estimates or statements. The Company faces a variety of risks that could cause actual results to differ materially from those that may be set forth in the forward-looking statements made by the Company. We caution you not to place undue reliance on any forward-looking statements.