Newpark Resources Inc. (NYSE: NR) has been making changes to its board of directors. After 11 years of service, and in accordance with the company's mandatory retirement policy, Jerry Box, chairman of the board, announced that he will retire following the Annual Stockholders Meeting in May. Also, Newpark reports that Tony Best and Rod Larson have been appointed to the board, effective immediately, and will stand for election at the Annual Stockholders Meeting.
Best joined SM Energy Co. in Denver, Colorado, as president and COO in 2006 and was named CEO in February 2007. In addition to his current role as CEO, he also sits on the board of directors. Between 2003 and 2006, he was president and CEO of Pure Resources in Midland, Texas. From 1979 through 2000, he served in varying roles of increasing responsibility at Atlantic Richfield Co. (ARCO), with his most recent position being president of ARCO Latin America. After ARCO was acquired by BP in 2000, he was an independent consultant from 2000 through 2002. Best holds a Bachelor of Science degree in mechanical engineering from Texas A&M University, and a Master of Science degree in engineering management from the University of Alaska.
Larson has been COO of Oceaneering International Inc. since 2012. Previously, he served for 22 years at Baker Hughes Inc. in various positions of increasing responsibility, most recently as president of Latin America. Also, while at Baker Hughes, he served as vice president of operations for the Gulf of Mexico and as deepwater business development manager. From 1990 to 1998, he was with Western Atlas Inc. (which was acquired by Baker Hughes) as operations manager and field engineer in the US and Venezuela. Larson holds a Bachelor of Science degree in electrical engineering from North Dakota State University, and a Master of Business Administration degree from Rice University.
Newpark Resources Inc. provides drilling fluids, temporary worksites, and access roads for oilfield and other commercial markets, as well as environmental waste treatment solutions.