(Source: Shutterstock.com)
Services company Cactus Inc. has appointed CFO Stephen Tadlock as CEO of its spoolable technologies segment FlexSteel, according to an Oct. 18 news release.
Cactus acquired Flexsteel in March for approximately $621 million.
Tadlock, who is also an executive vice president, previously served as vice president of corporate services and chief administrative officer at Cactus. Prior to Cactus, he served as board chairman for spoolable pipe business Polyflow, which was acquired by Baker Hughes in 2018.
“We have much work to do as we continue to realize the full potential of our combined Cactus and FlexSteel businesses,” Scott Bender, CEO and chairman of Cactus’ board, said in the release. “I’m confident that Steve is the right person for the job given his long history with Cactus and knowledge of our culture, in addition to his previous experience leading a spoolable pipe business which will ensure a smooth transition.”
Alan Keifer, former Baker Hughes controller and chief accounting officer will serve as interim CFO beginning on Nov. 13, Cactus said.
Recommended Reading
Valeura Boosts Production, Finds New Targets in Gulf of Thailand
2025-03-03 - Valeura Energy Inc. has boosted production after drilling three development wells and two appraisal wells in the Gulf of Thailand.
Judgment Call: Ranking the Haynesville Shale’s Top E&P Producers
2025-03-03 - Companies such as Comstock Resources and Expand Energy topped rankings, based on the greatest productivity per lateral foot and other metrics— and depending on who did the scoring.
Baker Hughes, Frontier Form CCS, Powergen Partnership
2025-03-03 - Baker Hughes will provide technology solutions to support the Sweetwater Carbon Storage Hub being developed by Frontier Infrastructure in Wyoming.
US Drillers Add Oil, Gas Rigs for Fifth Week in a Row
2025-02-28 - The oil and gas rig count rose by one to 593 in the week to February 28, its highest since June.
BKV Positions Itself to Meet Growing Power, CCS Demand
2025-02-26 - Electricity needs across the U.S. are expected to soar as industrial and manufacturing facilities, data centers and other consumers crave more power. BKV is exploring ways to bridge the gap between demand and energy supply.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.