Flotek Industries Inc. announced that Richard Walton has been appointed Chief Financial Officer on an interim basis. Mr. Walton also replaces Johnna Kokenge, Flotek's Chief Accounting Officer, who is leaving the company to pursue other professional interests. Mr. Walton will assume Ms. Kokenge's accounting officer duties.

Flotek and Ms. Kokenge have agreed to a severance and consulting arrangement that will provide her with certain consideration in exchange for transitional consulting services provided to the company. Mr. Walton currently serves as Chairman of the Board of Houston Hospice, Chairman of the Finance Committee at DePelchin Children's Center and as a member of the Board of Trustees of the Retina Research Foundation.