LONDON: Hunting PLC (LSE: HTG), the precision engineering group, announced the appointment of Stuart M. Brightman as non-executive Chair of the Company with effect from the conclusion of Hunting’s Annual General Meeting (“AGM”) to be held on 17 April 2024.
Stuart will succeed John (“Jay”) Glick who will retire at the conclusion of the AGM, following completion of nine years’ service as a non-executive Director of the Company.
Stuart was appointed as an independent, non-executive Director on 3 January 2023 and has served on the Company’s Audit, Ethics and Sustainability, Nomination and Remuneration Committees since his appointment to the Board.
Before joining Hunting, Stuart M. Brightman was Chief Executive Officer of TETRA Technologies Inc. from 2009 to 2019. Stuart has also held senior, international management roles within Dresser Inc. and Cameron Iron Works. Stuart also trained as a chartered accountant with a predecessor company of Ernst & Young.
In addition to his executive experience, Mr Brightman was a non-executive Director of NexTier Oilfield Solutions Inc, chairing the Nomination and Governance Committees, prior to its acquisition by Patterson-UTI Energy Inc in 2023.
Stuart is a US citizen and is resident in Austin, Texas, USA.
Mr Brightman will also Chair the Board’s Nomination Committee following his appointment as Chair of the Company.
Following consultation with the Remuneration Committee, Mr Brightman’s annual fee for chairing the Company and the Nomination Committee will be £225,000, with effect from 17 April 2024.