Adams Resources & Energy, Inc. Announces Board and Management Changes, Effective December 15, 2016
December 07, 2016 at 04:58 pm EST
Share
On December 7, 2016, Adams Resources & Energy, Inc. announced the election of Josh C. Anders as Executive Vice President, Chief Financial Officer and Treasurer of the company effective December 15, 2016. Sharon C. Davis will resign from her position as interim Chief Financial Officer and Treasurer of the company and will continue in her position as Executive Vice President, Chief Operating Officer and Chief Accounting Officer of the company. Mr. Anders served as Vice President, Controller and principal accounting officer for Southwestern Energy Company from 2012 through 2016 and held various finance and accounting positions of increasing responsibility from 2010 through 2012 with Southwestern Energy Company.
Adams Resources & Energy, Inc. is engaged in crude oil marketing, truck, and pipeline transportation, terminalling and storage in various crude oil and natural gas basins in the lower 48 states of the United States. The Company also conducts tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk primarily in the lower 48 states of the United States, with deliveries into Canada and Mexico, and with 17 terminals across the United States. Its segments include crude oil marketing, transportation, and storage; tank truck transportation of liquid chemicals, pressurized gases, asphalt, and dry bulk; pipeline transportation, terminalling and storage of crude oil, and interstate bulk transportation logistics of crude oil, condensate, fuels, oils and other petroleum products and recycling and repurposing of off-specification fuels, lubricants, and other chemicals. Its subsidiaries include Service Transport Company, Ada Resources, Inc., and Phoenix Oil, Inc.