JohnSchmitz Net Worth (2024) | wallmine

Posted by Arica Deslauriers on Wednesday, May 22, 2024

John Schmitz biography

John D. Schmitz serves as Non-Executive Chairman of the Board of the Company. Mr. Schmitz has served as Chairman of the Board since December 31, 2019, and previously served as our Executive Chairman from November 2017 until December 31, 2019. Prior to the Company's combination (the "Rockwater Merger") with Rockwater Energy Solutions, Inc. ("Rockwater"), Mr. Schmitz served as our Chief Executive Officer and Chairman since November 2016 and served as the Chief Executive Officer and Chairman of SES Holdings since we were originally founded as Peak Oilfield Services, LLC and began operations in 2007. After Mr. Schmitz founded our predecessor, he led the transformation of our assets and operations through a series of strategic acquisitions designed to enhance the Company's total water solutions offerings. Prior to founding us and our predecessors, Mr. Schmitz served as the North Texas Division Manager for Complete Production Services, Inc. ("Complete") (formerly NYSE: CPX) before its sale to Superior Energy Services, Inc. (NYSE: SPN) in February 2012). Mr. Schmitz's involvement with Complete originated when his initial oilfield services holding company, BSI Holdings, Inc., was recapitalized by SCF Partners, L.P. ("SCF Partners") in 2003 and was rebranded underneath the Complete Energy Services, Inc. umbrella. Mr. Schmitz founded Brammer Supply, Inc., the predecessor to BSI Holdings, Inc., in 1983 and spent the 20 years thereafter growing the Company, both organically and through acquisitions, into an integrated wellsite service provider with over 16 locations in North and East Texas, Oklahoma and Louisiana. Mr. Schmitz was also responsible for the founding and subsequent recapitalization of Allied Production Solutions, LP, a production surface tank equipment manufacturer, which ultimately merged into Forum Energy Technologies, Inc. ("Forum") (NYSE: FET) in August 2010. Mr. Schmitz is the founder and Chairman of Silver Creek Oil & Gas, an exploration and production company.

What is the salary of John Schmitz?

As the Non-Executive Chairman of the Board of Select Water Solutions Inc, the total compensation of John Schmitz at Select Water Solutions Inc is $2,981,630. There are 1 executives at Select Water Solutions Inc getting paid more, with Holli Ladhani having the highest compensation of $3,928,820.

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