Corporate Board Profile
Tech Score: 0/100
| Filing Date | Source Excerpt |
|---|---|
| 2022-04-14 | Mr. Bates has over 40 years of experience in oil service management and operations. He spent 15 years at Schlumberger in both domestic and international locations, was CEO of Weatherford-Enterra, and served as President of the Discovery Group of Baker Hughes. |
| 2023-04-14 | Mr. Bates has over 40 years of experience in oil service management and operations. He is currently an adjunct professor and a member of the Board of the Ralph Lowe Energy Institute at the Neeley School of Business at Texas Christian University. |
| 2024-04-12 | Mr. Bates was a Director at Alacer Gold from April 2014 to September 2020 and has over 40 years of experience in oil service management and operations. |
| 2025-03-26 | Mr. Bates has over 50 years of experience in energy investing, oil service management and operations. He is currently an adjunct professor and a member of the Board of the Ralph Lowe Energy Institute at the Neeley School of Business. |
| Filing Date | Source Excerpt |
|---|---|
| 2013-03-22 | Thomas R. Bates, Jr., Ph.D., has served as a member of our Board of Directors since November 2011. Dr. Bates has served as a member of our Management and Compensation Committee since May 2012. ... Director Compensation Table shows $52,000 fees earned or paid in cash and $100,005 stock awards for Thomas R. Bates, Jr., totaling $152,005. |
| 2014-03-24 | Thomas R. Bates, Jr., Ph.D., has served as a member of our Board of Directors since November 2011. Dr. Bates has served as a member of our Management and Compensation Committee since May 2012. Dr. Bates is a private investor and currently an adjunct professor in the finance department at Texas Christian University where he teaches in the MBA program at the Neeley School of Business. Prior to that, he joined Lime Rock Management LP, an energy-focused private equity firm, as a managing director in 2001 and became a senior advisor of the firm in 2010 before retiring in 2013. Dr. Bates had 25 years of experience in oil service management and operations before joining Lime Rock. He served from 1998 through 2000 as president of the Discovery Group of Baker Hughes and was responsible for the integration of Western Atlas into Baker Hughes. Earlier, he served as president and chief executive officer of Weatherford Enterra. Previously, Dr. Bates spent 15 years with Schlumberger in both domestic and international locations and was responsible for the Anadrill business unit when early MWD and LWD tools were commercialized. Dr. Bates began his career with Shell Oil Company, where he conducted drilling research. Dr. Bates has been a personal investor and/or a corporate investor in more than a dozen oil service technology startups. Based in Fort Worth, Dr. Bates also serves as chairman of the board of directors of Hercules Offshore, Inc., a public company subject to the reporting requirements of the Exchange Act. He previously served on the boards of Natco Group, Inc. from 2003 through 2009, and T-3 Energy Services from 2007 until it was acquired in 2011. Dr. Bates is a graduate of the University of Michigan with a Ph.D. in Mechanical Engineering. |
| 2015-03-24 | Thomas R. Bates, Jr., Ph.D., has served as a member of our Board of Directors since November 2011. Dr. Bates has served as Chairman of our Compensation Committee since May 2014 and as a member of that committee since May 2012. |
| 2016-03-18 | Dr. Bates has served as a member of our Board of Directors since November 2011, as Chairman of our Compensation Committee since May 2014, and as a member of that committee since May 2012. ... Board Committees: Thomas R. Bates, Jr. - Compensation Committee (Chairman). Director Compensation Table: Thomas R. Bates, Jr. - $182,507. |
| 2017-03-23 | Dr. Bates has served as a member of our Board of Directors since November 2011, as Chairman of our Compensation Committee since May 2014, and as a member of that committee since May 2012. ... The following table discloses the cash, equity awards, and other compensation earned, paid, or awarded, as the case may be, to each of our Non-employee Directors during the fiscal year ended December 31, 2016. ... Thomas R. Bates, Jr. Fees Earned or Paid in Cash $66,783, Stock Awards $99,167, Total $165,950. |
| 2018-03-22 | Thomas R. Bates, Jr., Ph.D. • Age 68 • Independent Director since 2011 Board Committees • Compensation Committee (Chairman) ... Director Compensation Table Name Fees Earned or Paid in Cash Stock Awards Option Awards All Other Compensation Total Thomas R. Bates, Jr. $75,795.03 $163,782.72 — — $239,577.75 |
| 2019-03-21 | Dr. Bates has over 40 years of experience in the international oil and gas services industry, both in management positions with operational responsibilities and as a director. Through his leadership roles, Dr. Bates has gained significant management development, executive compensation, and succession planning experience. Dr. Bates’ experience serving as a director of other public companies provides cross-board experience and perspective, and his management of a private equity firm provides valuable entrepreneurial and capital markets insight. Dr. Bates has served as a member of our Board of Directors since November 2011, as Chairman of our Compensation Committee since May 2014, and as a member of that committee since May 2012. Director Compensation Table shows total compensation of $187,457 for 2018. |
| 2020-03-23 | Thomas R. Bates, Jr., Ph.D. • Age 70 • Independent Director since 2011 Board Committees • Compensation Committee (Chairman) ... Director Compensation Table Name Fees Earned or Paid in Cash Stock Awards All Other Compensation Total ($) ($) ($) ($) Thomas R. Bates, Jr. 186,000 — — 186,000 |
| 2021-04-13 | Thomas R. Bates, Jr., Ph.D. • Age 71 • Independent Director since 2011 Board Committees • Human Capital Management and Compensation Committee (Chairman) ... Director Compensation Table ... Thomas R. Bates, Jr. $155,050 ... Fees for each non-employee director include an annual cash award of $80,000 granted on May 7, 2020. |
| 2022-04-11 | Dr. Bates has over 40 years of experience in the international oil and gas services industry, both in management positions with operational responsibilities and as a director. Through his leadership roles, Dr. Bates has gained significant management development, executive compensation, and succession planning experience. Dr. Bates’ experience serving as a director of other public companies provides cross-board experience and perspective, and his past management of a private equity firm provides valuable entrepreneurial and capital markets insight. Dr. Bates served as a member of our Board of Directors since November 2011, as Chairman of our Human Capital Management and Compensation Committee since May 2014, and as a member of that committee since May 2012. |
| 2023-04-11 | Dr. Bates has over 40 years of experience in the international oil and gas services industry, both in management positions with operational responsibilities and as a director. Through his leadership roles, Dr. Bates has gained significant management development, executive compensation, and succession planning experience. Dr. Bates’ experience serving as a director of other public companies provides cross-board experience and perspective, and his past management of a private equity firm provides valuable entrepreneurial and capital markets insight. Dr. Bates served as a member of our Board of Directors since November 2011, as Chairman of our Human Capital Management and Compensation Committee since May 2014, and as a member of that committee since May 2012. |
| 2024-04-08 | Dr. Bates was selected to serve as a director due to his extensive international oil and gas services industry experience, human capital management experience, his past management of a private equity firm, which provides valuable entrepreneurial and capital markets insight, and his experience serving as a director of other public companies, which provides cross-board experience and perspective. Dr. Bates served as a member of our Board of Directors since November 2011, as Chairman of our Human Capital Management and Compensation Committee since May 2014, and as a member of that committee since May 2012. Dr. Bates is a private investor and currently an adjunct professor in the Finance Department at Texas Christian University where he teaches in the MBA program at the Neeley School of Business and serves on the board of the Ralph Lowe Energy Institute. Dr. Bates joined Lime Rock Management LP, an energy-focused private equity firm, as a managing director in 2001 and became a senior advisor of the firm in 2010 before retiring in 2013. Dr. Bates had 25 years of experience in oil service management and operations before joining Lime Rock. He served from 1998 through 2000 as president of the Discovery Group of Baker Hughes and was responsible for the integration of Western Atlas into Baker Hughes. Earlier, he served as president and chief executive officer of Weatherford Enterra. Previously, Dr. Bates spent 15 years with Schlumberger in both domestic and international locations and was responsible for the Anadrill business unit when early MWD and LWD tools were commercialized. Dr. Bates began his career with Shell Oil Company, where he conducted drilling research. Dr. Bates has been a personal investor and/or a corporate investor in more than a dozen oil service technology startups. Dr. Bates also serves on the board of directors and as chairman of the compensation and leadership development committee and member of the audit committee of SSR Mining, Inc. (NASDAQ/TSX: SSRM), a Canadian company, and as chairman of the board of directors and a member of the audit committee of Vantage Drilling International (OTC: VTDRF). Dr. Bates previously served on the boards of Independence Contract Drilling, Inc. from August, 2014 through June, 2020, Weatherford International, plc from December 2019 until June 2020, and Tidewater Inc. from July 2017 to October 2019. Dr. Bates is a graduate of the University of Michigan with a Ph.D. in Mechanical Engineering. Director Compensation Table: Thomas R. Bates, Jr. Fees Earned or Paid in Cash $105,000 Stock Awards $112,582 Total $217,582. |
| Filing Date | Source Excerpt |
|---|---|
| 2018-03-22 | Thomas R. Bates, Jr., 68 Chairman of the Board Member of the Compensation Committee and Nominating and Corporate Governance Committee ...Mr. Bates currently serves as Chairman and Director of both Independence Contract Drilling, Inc., and Vantage Drilling International...Mr. Bates holds B.S.E., M.S.E., and Ph.D. degrees in Mechanical Engineering from the University of Michigan...Compensation Paid to Non-Employee Members of Current Board (effective July 31, 2017)...Thomas R. Bates, Jr.: Fees Earned or Paid in Cash ($) 44,463, Equity Awards ($) 168,763, Total ($) 213,226. |
| 2019-03-18 | Thomas R. Bates, Jr., 69 Chair of the Board Member of the Compensation Committee and Nominating and Corporate Governance Committee |
Data sourced from SEC filings. Last updated: 2025-10-12