FRONTIER OILFIELD SERVICES INC appointed Matthew C. Flemming as new CEO

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANAGEMENTS OF CERTAIN OFFICERS 


On May 14, 2021, each of Bill Townsend and Katrina Yao resigned as officers and directors of the Company. Each of Mr. Townsend and Ms. Yao submitted their resignations in connection with the terms of the Rescission Agreement. Their resignations were not as a result of any disagreement related to the operations, policies or practices of the Company.


On May 14, 2021, the board of directors appointed Matthew C. Flemming to serve as the Company's President and CEO, as well as to serve as a member of the Company's board of directors, until his earlier resignation or removal.


Mr. Flemming has served as our President and CEO, and has been a member of our board of our directors, since May 14, 2021. Mr. Flemming has been the Chief Business Development Officer of SMG Industries Inc. (OTCQB Symbol: SMGI) since December 2020, prior thereto Mr. Flemming served as the Chief Executive Officer of SMG Industries from September 2017 and continues to serve as the Chairman of the Board of Directors. SMG Industries is a growth-oriented transportation services company focused on the domestic infrastructure logistics market. Prior thereto, Mr. Flemming was the Chief Executive Officer of MG Cleaners from June 2017 until September 2017. Previous to that, Mr. Flemming was a consultant for a financial restructuring firm and a financial advisor to a private closely held oilfield services company during 2016 and early 2017. From June 2011 to March 2016, Mr. Flemming was the Chief Executive Officer, Treasurer, Secretary, and Chairman of the Board of HII Technologies Inc. HII Technologies was a Houston, Texas based oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia focused on commercializing technologies and providing services in frac water management, safety services and portable power used by exploration and production companies in the United States. During his tenure at HII, the Company acquired three frac water management companies and started up two other operating subsidiaries driving monthly revenues from nil in August 2012 building to $4.2 million per month by December 2014. In 2015, HII experience and industry down-turn and ultimately entered into a plan of reorganization under Chapter 11 subsequent to Mr. Flemming's employment.


Prior thereto, from 2009 to 2011, Mr. Flemming was Chief Financial Officer of Hemiwedge Industries Inc. a proprietary valve technology company with oilfield applications that was sold in 2011. From 2005 to 2009, Mr. Flemming was Chief Financial Officer of Shumate Industries, Inc., an oilfield manufacturing company and successor of Excalibur. Previous to that, from 2001 to 2005, Mr. Flemming was Chief Financial Officer of Excalibur Industries, Inc. an industrial and energy related manufacturer and fabrication company. From June 1999 to March 2001, he served as Chief Executive Officer of WorldByNet, Inc. a Houston, Texas based privately held technology company. From January 1994 to May 1999, Mr. Flemming served as Chief Executive Officer of FARO Pharmaceuticals, Inc., a privately held national specialty products company that he founded. Mr. Flemming received a Bachelor of Arts in Finance from the University of Houston.