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$FET
$89.95 +$1.08 (1.22%) Close

Company Executives

$FET Management Team

Mr. Mark Brookes

Senior Vice President - Operations

Age 49
Compensation -
Sex Male

Ms. Katherine Keller

Senior Vice President

Chief Accounting Officer

Age 41
Compensation -
Sex Female

Mr. Steven Pounds

Senior Vice President - Operations

Age 52
Compensation -
Sex Male

Mr. Michael Mcshane

Non-Executive Independent Chairman of the Board

Age 70
Compensation $247.5K USD
Sex Male

Mr. Neal Lux

President

Chief Executive Officer

Director

Age 49
Compensation $5.050M USD
Sex Male

Mr. D. Lyle Williams

Chief Financial Officer

Executive Vice President

Age 55
Compensation $2.540M USD
Sex Male

Mr. Michael Danford

Chief Human Resources Officer

Senior Vice President

Age 62
Compensation $1.068M USD
Sex Male

Mr. John Ivascu

Executive Vice President

Chief Compliance Officer

General Counsel

Corporate Secretary

Age 47
Compensation $1.799M USD
Sex Male

Board of Directors

From the proxy statement filed Mar 27, 2026
Directors
9
serving now
Independent
2 of 3
stated in the proxy; 6 not stated
Average tenure
7.9 years
from year joined
CEO also chairs the board
No
Michael McShane
Director Age On board Independent Committees Other public boards 2025 pay Source
Evelyn M. Angelle
58 2011
15 years
 Independent None stated Bird Construction Inc. $245,004
John A. Carrig
74 2011
15 years
 Independent None stated None stated $240,004
Neal A. Lux
CEO
 50 2022
4 years
 Not independent None stated None stated Paid as CEO
Leslie A. Beyer
50 2026
0 years
 Not stated None stated None stated $174,375
Louis A. Raspino, Jr.
73 2012
14 years
 Not stated None stated Tidewater Inc. $235,004
Mark W. Smith
55 2025
1 year
 Not stated None stated Powell Industries $118,768
Aron H. Marquez
43 2025
1 year
 Not stated None stated None stated $116,268
Michael McShane
Board chair
 71 2010
16 years
 Not stated None stated NCS Multistage $307,504
Paul E. Rowsey III
71 2021
5 years
 Not stated None stated Invesco Real Estate Income Truest Inc. $237,504

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

Related-party transactions

6 disclosed in the proxy filed Mar 27, 2026
Variperm Energy Services Partnership
beneficially owned more than 5% of the Company’s outstanding common stock
$45,746,368 in cash
January 4, 2024

Received shares of common stock and cash as a seller in the Variperm Acquisition

With Variperm Holdings Ltd. Open in proxy
Slotting RemainCo Limited Partnership
beneficially owned more than 5% of the Company’s outstanding common stock
$38,969,170 in cash
January 4, 2024

Received shares of common stock and cash as a seller in the Variperm Acquisition

With Variperm Holdings Ltd. Open in proxy
Variperm Energy Services Partnership and Slotting RemainCo Limited Partnership
beneficially owned more than 5% of the Company’s outstanding common stock
$60.0 million

Second Lien Seller Term Loan made to the Company by the Variperm stockholders including the Sellers, repaid in full in November 2024

With the Company Open in proxy
Variperm Energy Services Partnership and Slotting RemainCo Limited Partnership
beneficially owned more than 5% of the Company’s outstanding common stock
Amount not stated

Investor rights agreement with lock-up, registration rights, standstill and voting agreement

With the Company Open in proxy
Mr. John Schmitz
former member of FET's board of directors; Chairman and Chief Executive Officer of Endurance Lift
Approximately $3 million
2024

Sales and purchases of products and equipment between a FET subsidiary and Endurance Lift

With Endurance Lift Holdings LLC Open in proxy
Mr. John Schmitz
Chairman of the board of directors of Axis Energy Services, LLC
Approximately $0.6 million
2024

Sales of equipment by a FET subsidiary to Axis

With Axis Energy Services, LLC Open in proxy

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