Cactus, Inc. Announces Retirement of David J. Isaac, the General Counsel, Vice President of Administration and Secretary
March 23, 2022 at 03:49 pm EDT
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Cactus, Inc. announced retirement of David J. Isaac, the General Counsel, Vice President of Administration and Secretary. No definitive retirement date has yet been set for Mr. Isaac's retirement, and he is expected to continue on as the Company's General Counsel, Vice President of Administration and Secretary at least through the 2022 annual meeting of stockholders, which will take place on May 17, 2022.
Cactus, Inc. is a holding company. The Company operates through two segments. The Pressure Control segment designs, manufactures, sells and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand. The segmentâs products are sold and rented principally' for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers' wells. In addition, it provides field services for all of its products and rental items to assist with the installation, maintenance and handling of the equipment. The Spoolable Technologies segment designs, manufactures and sells spoolable pipe and associated end fittings under the FlexSteel brand. Its customers use these products primarily as production, gathering and takeaway pipelines to transport oil, gas or other liquids. In addition, it also provides field services and rental items to assist its customers with the installation of these products.