Corporate Governance

Management Team

Joel Broussard

Joel Broussard is our President and Chief Executive Officer and is a member of our board of directors. Mr. Broussard has been a member of USWS’ board since February 2012. He became USWS’ Chief Executive Officer in February 2017. Mr. Broussard founded ORB Investments, LLC in February 2012 and was most recently a principal investor in Go-Coil, LLC from August 2008 until December 2011. Additionally, Mr. Broussard was the founder and Chief Executive Officer of Gulf Offshore Logistics, LLC from April 2003 until December 2014 and GOL Docks, LLC from March 2007 until March 2012. Prior to founding Gulf Offshore Logistics, LLC and GOL Docks, LLC, Mr. Broussard worked in sales and marketing with C&G Marine for over 7 years and was member of the United States Army.

Kyle O'Neill

Kyle O’Neill is our Chief Financial Officer. Mr. O’Neill was a Managing Director of TCW Direct Lending group involved in the origination, due diligence review, structuring, execution, and monitoring of debt and equity investments. The Direct Lending Group was acquired by TCW in January 2013 from Regiment Capital Advisors, LP. Mr. O’Neill joined Regiment Capital’s Special Situations Group in October 2005. Previously, Mr. O’Neill held various positions in the investment banking firms of JPMorgan and Baxter Bold & Company from 2000 to 2005. During this time, he worked on mergers, acquisitions, and capital markets transactions for companies engaged in the energy, power, and natural resources industries. Mr. O’Neill has also served on the board of directors of U.S. Well Services from February 2017 to May 2018, Foothills Resources, a Gulf Coast E&P company from 2010 – 2017 and Battalion Resources, a Wyoming based E&P company from 2011 to 2016. Mr. O’Neill received a BA from Michigan State University’s Eli Broad College of Business.

Nathan Houston

Nathan Houston is our Chief Operating Officer. Mr. Houston has 21 years of related industry experience. He joined USWS in March of 2012 as Director of Engineering. Prior to joining USWS, he served as the Director of Technology for Superior Well Services from January 2005 to March 2012 and held various positions with Halliburton and Dominion Transmission from January 1998 to January 2002 and January 2002 to January 2005, respectively. Mr. Houston is a member of the Society of Petroleum Engineers and holds a B.S. in Geo-Environmental Engineering with a minor in Geoscience from Pennsylvania State University.

Matthew Bernard

Matthew Bernard is our Chief Administrative Officer. Mr. Bernard joined USWS in August 2014 as our Chief Financial Officer. Before joining USWS as the Chief Financial Officer, Mr. Bernard served as a member of USWS’ board from April 2012 to February 2017. Prior to that, Mr. Bernard served as President of Gulf Offshore Logistics, LLC from June 2010 to August 2014 and as Executive Vice President/Chief Financial Officer of Gulf Offshore Logistics, LLC from 2007 to 2010. Mr. Bernard served as Corporate Controller for Edison Chouest Offshore from May 2002 to April 2007. From August 1992 to April 2002, Mr. Bernard worked for Ernst & Young’s audit practice in their New Orleans, The Hague (the Netherlands) and Houston offices rising to the senior manager level prior to his departure. Mr. Bernard holds a Bachelor of Science in Accounting from Nicholls State University.

Board of Directors

Joel Broussard

Joel Broussard is our Chief Executive Officer and is a member of our board of directors. Mr. Broussard has been a member of USWS’ board since February 2012. He became USWS’ Chief Executive Officer in February 2017. Mr. Broussard founded ORB Investments, LLC in February 2012 and was most recently a principal investor in Go-Coil, LLC from August 2008 until December 2011. Additionally, Mr. Broussard was the founder and Chief Executive Officer of Gulf Offshore Logistics, LLC from April 2003 until December 2014 and GOL Docks, LLC from March 2007 until March 2012. Prior to founding Gulf Offshore Logistics, LLC and GOL Docks, LLC, Mr. Broussard worked in sales and marketing with C&G Marine for over 7 years and was member of the United States Army.

David J. Matlin

David J. Matlin is a member of our board of directors. Mr. Matlin is also the co-founder, Chief Executive Officer and Chief Investment Officer of MatlinPatterson Global Advisers LLC, or MatlinPatterson, a distressed securities investment manager, which he co-founded in July 2002. Mr. Matlin is also the Chief Executive Officer (since January 2015) and a managing principal (since December 2012) of MatlinPatterson Asset Management L.P. and its operating joint venture affiliate that manages a non-distressed credit strategy. Prior to forming MatlinPatterson, Mr. Matlin was a Managing Director at Credit Suisse, and headed their Global Distressed Securities Group upon its inception in 1994. Mr. Matlin was also a Managing Director and a founding partner of Merrion Group, L.P., from 1988 to 1994. He began his career as a securities analyst at Halcyon Investments from 1986 to 1988. Mr. Matlin has served as a member of the board of directors of Flagstar Bank FSB, a federally charted savings bank, and Flagstar Bancorp, Inc. (NYSE: FBC), a savings and loan holding company since 2009. He has served as the Chair of Flagstar Bancorp.’s Nominating/Corporate Governance Committee since January 2009, and he served as Chair of its Compensation Committee from January 2009 until January 2018 and as a member of that committee until March 2018. Mr. Matlin also serves on the boards of directors of Orthosensor, Inc., Dermasensor, Inc. and Pristine Surgical LLC, which are medical device manufacturers. Previously, he served on the board of directors of CalAtlantic Group, Inc. (NYSE: CAA), a U.S. homebuilder, from 2009 to 2018 and Global Aviation Holdings, Inc., an air charter company, from 2006 to 2012. Mr. Matlin holds a JD degree from the Law School of the University of California at Los Angeles and a BS in Economics from the Wharton School of the University of Pennsylvania.

David L. Treadwell

David L. Treadwell is a member of our board of directors. Mr. Treadwell is a nominee to become a director of MPAC at the Closing. Until its sale in August 2011, Mr. Treadwell was the President and Chief Executive Officer of EP Management Corporation (formerly known as EaglePicher Corporation), a diversified industrial products company, where he had served in the role since 2006. Prior to that, he served as its Chief Operating Officer from 2005 until 2006, and as a division president in 2005. From August 2004 through March 2005, Mr. Treadwell was hired as Chief Executive Officer of Oxford Automotive, a $1 billion revenue automotive company, to lead Oxford through a Chapter 11 restructuring process. From 2002 until 2004, Mr. Treadwell provided business consulting services following 19 years with Prechter Holdings, serving as Chief Executive Officer from 1993 to 2002. Mr. Treadwell currently serves on the board of directors of the following companies with publicly traded securities: Flagstar Bancorp. Inc. (NYSE: FBC) (“Flagstar”) since 2009, Visteon Corporation (Nasdaq: VC) (“Visteon”) since 2012, and Sungard Availability Systems (“Sungard”) since 2018. At Flagstar, Mr. Treadwell serves as chair of the risk committee since 2009, a member of the audit committee since 2014 and a member of the organization and nominating committee since 2018. At Visteon, Mr. Treadwell serves as chair of the organization and compensation committee since 2012, a member of the audit committee since 2012 and a member of the finance & corporate strategy committee since 2012. At Sungard, he serves on the audit committee since 2018. Mr. Treadwell formerly served on the board of Fairpoint Communications (Nasdaq: FRP) from January 2011 until the company was sold to Consolidated Communications in June 2017. Mr. Treadwell also serves the board of several private companies, including as chairman of U.S. Well Services, LLC from February 2017 until his resignation in May 2018. Mr. Treadwell holds a BA with high honors in Business Administration from the University of Michigan.

Adam Klein

Adam Klein is a member of our board of directors. Mr. Klein is a partner focused on energy investments at Crestview Advisors, L.L.C. (“Crestview Partners”). Prior to joining Crestview Partners in 2007, Mr. Klein worked as an investment professional at Centennial Ventures, Inc., where he invested in early- to mid-stage companies across multiple industries. Before joining Centennial Ventures, Mr. Klein worked in the Mergers & Acquisitions group at Compass Partners from 2001 to 2003, advising corporations and private equity firms on a wide range of transactions. Previously, Mr. Klein worked in the Media & Telecom group at Donaldson, Lufkin & Jenrette and then Credit Suisse from 2000 through 2001. Mr. Klein received an M.B.A. from Harvard Business School and an A.B. in Economics from Harvard College. Mr. Klein serves on the board of directors of CP Energy Services, Inc., H2Oil Energy Company, LLC, Select Energy Services, Inc., SES Holdings, LLC, Silver Creek Oil & Gas, LLC, Synergy Energy Holdings LLC and W Energy Partners. He also serves as treasurer and a member of the board of directors for the Books for Kids Foundation. He served on the board of directors of FBR & Co. from February 2010 to June 2014.

Eddie Watson

Eddie Watson is a member of our board of directors. Mr. Watson worked at Halliburton Company (“Halliburton”) from 1981 through 2015 where he served in increasing roles of responsibility, most recently as Southern U.S. Region Operations Manager. During his tenure at Halliburton, Mr. Watson worked in several regions throughout the U.S., the Far East and the Middle East. Mr. Watson has been retired since 2015. Mr. Watson received a B.S. in Mechanical Engineering from New Mexico State University in 1980.

James Bold

James Bold is a member of our board of directors. Mr. Bold joined the TCW Direct Lending group as a Managing Director in January 2013 with the acquisition of the Special Situations Funds Group from Regiment Capital Advisors, LP in December 2012. He joined the group in October 2005 and is involved in the origination, due diligence review, structuring, and execution of new investments, and the ongoing management of portfolio companies. Previously, he was a Partner in an energy-focused investment banking firm, Baxter Bold & Company, which he founded in June 2002. Prior to that, he was a Managing Director and Head of Global Energy Mergers and Acquisitions for JPMorgan. He began his career in 1977 at Chemical Bank where he specialized in the energy, power, and natural resources industries. Mr. Bold received a BS in Business Administration from Bucknell University.

Ryan Carroll

Ryan Carroll is a member of our board of directors. Mr. Carroll is currently a Managing Director within the Direct Lending Group at TCW Asset Management Company, LLC, which he joined in July of 2016. Prior to joining TCW, Mr. Carroll was a Managing Director within the US Private Capital Group at BlackRock Financial Management, Inc. from March 2015 until April of 2016. He joined BlackRock in March of 2015 with the acquisition of BlackRock Kelso Capital Advisors, which he joined in November 2005 and had served as a Managing Director from December 2012 until March 2015. Prior to joining BlackRock Kelso Capital, Mr. Carroll worked in the leveraged finance group at JPMorgan, where he began his career in 2004. Mr. Carroll has served on the board of managers of US Well Services, LLC since May of 2018. In addition, Mr. Carroll served on the board of directors of Electrical Components International, Inc., a manufacturer of wire harnesses for consumer appliances and specialty industrial applications, from May of 2012 through May of 2014, the board of directors of AGY Holding Corp., a manufacturer of fiber glass yarns for diverse end markets, from June of 2013 through January of 2016, the board of managers of Marketron Broadcast Solutions, LLC, a software provider for radio stations, from June of 2012 through January of 2016 and the board of directors of Bankruptcy Management Solutions, Inc., a software and services provider to bankruptcy trustees, from October of 2010 through January of 2016. Mr. Carroll holds a BSBA with majors in finance, accounting and international business from the Olin School of Business at Washington University in St. Louis.

    

Governance Documents

    

SEC Filings