UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (date of earliest event reported): November 30, 2006
TETRA Technologies, Inc.
(Exact name of registrant as specified in its charter)
|
Delaware |
1-13455 |
74-2148293 |
||
|
(State
or other jurisdiction of incorporation) |
(Commission
File Number) |
(IRS
Employer Identification No.) |
25025 Interstate 45 North, Suite 600
The Woodlands, Texas 77380
(Address of Principal Executive Offices and Zip Code)
Registrant's telephone number, including area code: (281) 367-1983
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 30, 2006, J. Taft Symonds retired as a director of TETRA Technologies, Inc. (“TETRA”), and will no longer serve as Chairman of the Board, effective immediately. The resignation of Mr. Symonds was not the result of any disagreement with TETRA relating to TETRA’s operations, policies or practices.
Also on November 30, 2006, the Board of Directors of TETRA appointed Ralph S. Cunningham, an existing director of TETRA, as Chairman of the Board.
TETRA issued a press release announcing the foregoing matters on December 1, 2006. The press release is filed with this Current Report as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit
Number |
Description |
|
| 99.1 |
Press Release, dated December 1, 2006, issued by TETRA Technologies, Inc. |
Page 1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TETRA Technologies, Inc.
By: /s/Geoffrey M. Hertel
Geoffrey M. Hertel
President & Chief Executive Officer
Date: December 1, 2006
Page 2
EXHIBIT INDEX
|
Exhibit
Number |
Description |
|
| 99.1 |
Press Release, dated December 1, 2006, issued by TETRA Technologies, Inc. |
Page 3
Exhibit 99.1
For Immediate Release
RALPH S. CUNNINGHAM ELECTED
CHAIRMAN OF THE BOARD OF DIRECTORS OF
TETRA TECHNOLOGIES, INC.
December 1, 2006 (The Woodlands, Texas), TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that Ralph S. Cunningham has been elected Chairman of the Board of Directors. He replaces J. Taft Symonds, who has retired from the Board of Directors after 25 years of service. The transition is effective today.
Dr. Cunningham has served on TETRA’s Board of Directors since 1999. Dr. Cunningham is presently a director, Group Executive Vice President and Chief Operating Officer of Enterprise Products GP, LLC, which is the general partner of Enterprise Products L.P., a publicly held master limited partnership. He is also a director of EnCana Corporation and Agrium, Incorporated. Dr. Cunningham’s career has included service as: President and Chief Executive Officer of CITGO Petroleum Corporation; Vice Chairman of Huntsman Corporation; and, President of Texaco Chemical Company. He also held positions earlier in his career at Exxon, Tenneco, Inc. and Clark Oil & Refining.
Geoffrey M. Hertel, TETRA’s President and Chief Executive Officer, stated, “TETRA is extremely fortunate to have a person of Ralph’s experience, professionalism and stature as our new Board Chairman. He will be replacing Taft Symonds, who helped build TETRA from its inception 25 years ago. While we respect Taft’s decision to retire from the Board after his many years of service to the Company, it was with reluctance that the Board accepted his resignation,” concluded Hertel.
TETRA is an oil and gas services company, including an integrated calcium chloride and brominated products manufacturing operation that supplies feedstocks to energy markets, as well as other markets.
Contact:
TETRA Technologies, Inc., The Woodlands, Texas
Geoffrey M. Hertel, 281/367-1983
Fax: 281/364-4346
www.tetratec.com
###