Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On December 18, 2019, John Schmitz, Executive Chairman of Select Energy
Services, Inc. (the "Company"), notified the board of directors of the Company
(the "Board") of his resignation as Executive Chairman, effective December 31,
2019, while remaining a director and non-executive Chairman of the Board.
In connection with his service as the non-executive Chairman of the Board, Mr.
Schmitz will receive (i) an annual cash payment in the amount of $100,000 for
each year of service as Chairman of the Board, which amount shall be prorated
for any partial year of service, and (ii) the Company's standard non-employee
director compensation, which is detailed in the Company's definitive proxy
statement for the 2019 annual meeting of stockholders filed with the Securities
and Exchange Commission on March 22, 2019.
Item 7.01 Regulation FD Disclosure.
On December 19, 2019, the Company issued a press release announcing Mr.
Schmitz's transition from Executive Chairman to non-executive Chairman of the
Board. A copy of the Company's press release covering such announcement is
furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated
herein by reference.
The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed
to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), or otherwise subject to the liabilities of that
section, and is not incorporated by reference into any filing under the
Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated December 19, 2019
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SELECT WATER SOLUTIONS, INC. 
