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    John D. Schmitz

    Chairman of the Board, President, and Chief Executive Officer at Select Water Solutions Inc
    Board
    Since January 2021
    Age
    64 years
    Tenure
    Has served as Chairman of the Board since January 2020 and as President and Chief Executive Officer since January 2021.

    Also at Select Water Solutions Inc

    CMI
    Christina M. Ibrahim
    Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary
    CKG
    Christopher K. George
    Executive Vice President and Chief Financial Officer
    CJO
    Cody J. Ortowski
    Executive Vice President, Business and Regulatory Affairs

    About

    John D. Schmitz is a seasoned executive in the energy services industry, currently serving as the Chairman of the Board, President, and Chief Executive Officer at WTTR. At 64 years old , he combines decades of entrepreneurial and leadership experience to drive strategic growth and operational excellence.

    He began his leadership tenure at WTTR as Chairman in January 2020 and ascended to the roles of President and Chief Executive Officer in January 2021, reflecting a steady progression in responsibility and impact.

    Throughout his extensive career, he has been involved in founding and leading multiple ventures, displaying a consistent commitment to innovation and strategic management in the energy and oilfield services sectors.

    His objective focus on growth and operational efficiency underscores his effective management within the dynamic energy market.

    $WTTR Performance Under John D. Schmitz

    Past Roles

    OrganizationRoleDate RangeDetails
    Select Water Solutions, Inc. (WTTR) Executive Chairman Nov 2017 - Dec 31, 2019 Served before the current leadership role
    Select Water Solutions, Inc. (WTTR) CEO and Chairman Nov 2016 - Nov 2017 Held until the company combined with Rockwater Energy Solutions, Inc.
    SES Holdings, LLC CEO and Chairman N/AOriginally founded as Peak Oilfield Services, LLC in 2007; role ended with transition
    Complete Production Services, Inc. North Texas Division Manager Before Feb 2012 Position concluded upon the sale to Superior Energy Services, Inc.
    Brammer Supply, Inc. Founder 1983 - ~2003 Spent 20 years growing the company, both organically and via acquisitions
    Allied Production Solutions, LP Founder N/A - Merged Aug 2010 Founded and led until its merger into Forum Energy Technologies, Inc.

    External Roles

    OrganizationRoleDate RangeDetails
    Silver Creek Exploration Chairman N/ACurrently serves as Chairman
    B-29 Family Holdings, LLC Founder and President N/ARepresents the business interests of John and Steve Schmitz
    B-29 Investments, LP Founder and President N/AFunctions as the private equity arm of his family office
    Sunray Capital, LP Founder and President N/ASubsidiary of B-29 Investments, LP with various oil and gas interests

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$800,000AnnualFixed component, unchanged from 2023
    All Other Compensation$13,880AnnualIncludes miscellaneous benefits
    Termination or Change in Control PaymentsUp to $13,932,191Triggered upon termination or change in control event on December 31, 2024Includes cash severance, pro-rated bonus, COBRA reimbursements, and equity awards
    Restricted Shares Award$1,580,000Vesting on February 24, 2025; February 24, 2026; February 24, 202750% of grant; time-based vesting
    Stock Awards Vested$9,061,937Vested during fiscal year ended December 31, 2024Realized value from vested shares

    Performance Compensation

    Data from  FY 2024

    STI Bonus

    • Target Bonus: $920,000
    • Approved 2024 Annual Payout: $875,196 (95.1% of target)
    • Performance Metrics and Weights:
      • Companywide Metrics: 75.1% weight
      • Individual Achievement: 20% weight
      • Total Percent of Target Earned: 95.1%
    • Evaluation Period: Fiscal year 2024
    • Payment Details: Cash payment; no vesting schedule or grant date fair value applicable

    Performance-Based Stock Awards

    Award TypeThreshold (#)Target (#)Maximum (#)Grant DateGrant Date Fair Value ($)Vesting Schedule/ConditionsEvaluation Period
    Relative ROA PSUs46,41692,832185,664Feb 24, 2024 600,623 Vest based on performance over a three-year period (Jan 1, 2024 - Dec 31, 2026)Jan 1, 2024 - Dec 31, 2026
    TSR PSUs46,41692,832185,664Feb 24, 2024 980,306 Vest based on performance over a three-year period (Jan 1, 2024 - Dec 31, 2026)Jan 1, 2024 - Dec 31, 2026