TETRA Technologies Announces Retirement Of Stuart Brightman As CEO

(RTTNews) - TETRA Technologies Inc. (TTI) said that Stuart Brightman, Chief Executive Officer and a director of the, has advised the Board of Directors of his intent to retire from his role as Chief Executive Officer immediately following the Annual Meeting of TETRA stockholders on May 3, 2019.

In connection with Brightman's planned retirement, the Board of Directors of TETRA has appointed Brady Murphy, as Chief Executive Officer, to be effective on Brightman's retirement. Murphy joined TETRA in February of 2018 and is currently President, Chief Operating Officer, and a director of TETRA.

Brightman has been nominated for election to TETRA's Board of Directors for an additional one year term, from May 2019 to May 2020. Brightman will continue as a non-executive employee, and will be available to support the board and management in an advisory role.

Since May 2014, Brightman has also been the Executive Chairman of the Board of CSI Compressco GP Inc. or "CCGP", the general partner of CSI Compressco LP (CCLP), a partially owned subsidiary of TETRA.

Brightman has also advised of his intent to retire from the board of CCGP after the 2019 Annual Meeting of the TETRA stockholders. It is anticipated that Murphy will be named Executive Chairman of the Board of CSI Compressco GP Inc at that time. Murphy has been a member of the CCGP Board since February 21, 2018.