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Select Water Solutions names new CFO in executive shuffle

EditorLina Guerrero
Published 03/04/2024, 04:25 PM
Updated 03/04/2024, 04:25 PM
© Reuters.

HOUSTON - Select Water Solutions, Inc. (NYSE:WTTR), a provider of sustainable water and chemical solutions to the energy sector, announced today the appointment of Chris George as Executive Vice President and Chief Financial Officer. The company also revealed plans to finalize a separation agreement with the outgoing CFO, Nick Swyka, who will assist with the transition until March 29, 2024.

Chris George, previously Senior Vice President of Corporate Development, Investor Relations & Sustainability, has been with Select since 2012, holding various roles with increasing responsibility. His tenure includes serving as Treasurer and leading over two dozen successful acquisitions, contributing to the company's growth and strategic evolution. George's experience extends to his time at UBS Investment Bank in the Global Energy Investment Banking Group, where he specialized in M&A advisory work and capital raises within the energy sector. He holds a Bachelor of Business Administration in Accounting and a Master in Professional Accounting from the University of Texas at Austin.

John Schmitz, Chairman, President, and CEO of Select, praised George's dedication and leadership, noting his significant role in the company's development from its early growth stages through its IPO and beyond. Schmitz also expressed gratitude to Swyka for his contributions, highlighting his role in the company's financial strategy and his involvement in establishing the industry's first Sustainability-Linked Lending facility.

While no new compensatory arrangements have been made for George, the company plans to review his compensation in light of his new role. The terms of Swyka's separation will adhere to his 2019 Employment Agreement and other equity award agreements.

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