Noble Energy Inc. (NYSE: NBL) said Oct. 30 it elected Holli C. Ladhani, the chairman, president and CEO of water management service provider Rockwater Energy Solutions Inc., to its board of directors.
Rockwater is expected to close a roughly $470 million merger with Select Energy Services Inc. (NYSE: WTTR) in the fourth quarter of 2017, at which time Ladhani will become the president and CEO of the newly combined Select.
David L. Stover, Noble Energy’s chairman, president and CEO, said in a statement: “On behalf of Noble Energy’s board, we welcome Holli to the Noble Energy team and look forward to her contributions as a director. Her executive leadership experience, together with her expertise in energy services and finance, will be invaluable in our boardroom.”
Ladhani originally joined Rockwater in 2011 as its CFO. She has served as its president and CEO since June 2015 and was appointed chairman in February 2017.
Prior to joining Rockwater, Ladhani served as CFO of Dynegy Inc. (NYSE: DYN) and also held positions of increasing responsibility at PricewaterhouseCoopers LLP. She holds a B.A. in Accounting from Baylor University and an M.B.A. (Jones Scholar) from Rice University.
Ladhani's appointment to Noble's board is effective Oct. 26, according to the company release.
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