Flotek Industries chief accounting officer leaving
Flotek Industries Chief Accounting Officer Kokenge leaving, Walton named interim CFO
HOUSTON (AP) -- Oilfield services provider Flotek Industries Inc. said Monday that its chief accounting officer, Johnna Kokenge, is leaving to pursue other interests.
The Houston company said Richard Walton will assume Kokenge's accounting officer duties and will take over as its interim chief financial officer.
Kokenge will provide consulting services to help with the transition process and has reached a severance and consulting agreement with Flotek.
Walton spent 20 years as an audit partner at KPMG's Houston office before retiring from the company. He has also served as a financial consultant for various companies and began providing financial reporting consulting services to Flotek in 2010.
Flotek shares finished at $13.62 on Friday. That is near the high end of their 52-week range of $8.46 to $14.73.
