Fluid Delivery Solutions, LLC appoints executive chairman

11/12/2018

Fort Worth, Texas – Fluid Delivery Solutions, LLC (FDS), a leading oilfield water management company with operations across the Permian, Eagle Ford, Eaglebine, Marcellus and Utica basins, has announced the appointment of Richard “Dick” J. Alario as executive chairman of the board of directors. Mr. Alario has a distinguished career in both domestic and international energy markets, having held top-level positions across oilfield services businesses in the United States, United Kingdom, Latin America and Middle East, most recently as chairman and CEO of Key Energy Services, where he served between 2004 and 2016. In his capacity as executive chairman, Mr. Alario will work closely with Jess Foshee and Philip Kuntz, FDS’s co-presidents, and lead the company’s board of directors, with a focus on instilling operational excellence and carrying out strategic initiatives.

“FDS operates in one of the most critical subsegments of oilfield services—water management—and through its full-suite of capabilities and unrelenting focus on providing best-in-class service to its customers, has grown into a leading platform within the oilfield water management space,” said Mr. Alario. “I look forward to working with management and the board to capitalize on a tremendous market opportunity and further cement FDS as the leader in oilfield water management services.”

Mr. Alario is currently the presiding director of Kirby Corporation and chairman of its corporate governance and nominating committee, as well as a member of its audit committee. Additionally, he serves as a director of DistributionNOW, where he is chairman of the compensation committee, and a member of the corporate governance and nominating committee. Mr. Alario is chairman ex-officio of the National Ocean Industries Association and has served as director or member of several other energy companies, industry groups and trade associations throughout his career.

“We are excited to have Dick join the executive team at FDS and believe his experience working with operators across unconventional North American basins will be incredibly valuable in supporting the executive team at FDS,” said Mr. Kuntz, Co-president / CFO of FDS. “Dick’s customer relationships and ability to execute multi-basin initiatives will be tremendously valuable as we embark on the next stage of growth at FDS,” added Mr. Foshee, co-president / COO of FDS.

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