Cactus, Inc. announced the Board of Directors has appointed Stephen Tadlock, currently Executive Vice President and Chief Financial Officer of Cactus, as the CEO of the Spoolable Technologies segment (?FlexSteel?). Mr. Tadlock has served as Executive Vice President and Chief Financial Officer of Cactus since 2019. Previously he served as Vice President and Chief Administrative Officer and as Vice President of Corporate Services after joining the company full time in 2017.

Prior to that, Mr. Tadlock was a Partner at Cadent Energy Partners LLC, where he worked from 2007 to 2017, serving as a Board observer of Cactus since its founding in 2011. Additionally, while at Cadent Mr. Tadlock served as a Director and Chairman of the Board of Polyflow, a spoolable pipe business that was sold to Baker Hughes in 2018. Alan Keifer, former Vice President, Controller and Chief Accounting Officer of Baker Hughes Inc., who has worked with Cactus since it went public in 2018, has accepted the position of Interim CFO of Cactus.

He will begin his service on November 13, 2023. Mr. Tadlock will continue to serve as CFO of Cactus until Mr. Keifer begins his service as Interim CFO.