TEAM Oil Tools Inc. has appointed Adam Anderson as CEO, effective immediately. Anderson will be based at TEAM Oil Tools’ headquarters in The Woodlands, Texas.
Anderson succeeds Byron Cowart as CEO of TEAM Oil Tools. Cowart will become chairman of the company's board of directors and will serve in an advisory role.
Anderson joins TEAM following a career at Baker Hughes Inc., where he held multiple senior-level positions, including vice president of US Land Completion Tools, along with Western US vice president for all product lines. During his tenure with Baker Hughes, Anderson also gained experience as the district/product line manager for Saudi Arabia, vice president of investor relations, and product line manager for intelligent wells.
TEAM Oil Tools is a designer, manufacturer, and distributor of completion products for the oil and gas sector.