BLR Partners Reaches Agreement with Flotek Industries for Board Representation

The Houston Business Journal, StreetInsider and other media sources reported on the agreement reached between Olshan client BLR Partners and Flotek Industries pursuant to which Paul Hobby was appointed to Flotek’s board of directors. As part of the agreement, Flotek also agreed to separate the roles of Chairman and CEO effective as of the company’s 2019 Annual Meeting. Steve Wolosky, Ryan Nebel and Dorothy Sluszka represent BLR Partners in connection with its investment in Flotek Industries.