Mr. Geoffrey M. Hertel is Director of Tetra Technologies Inc., since 1984. Mr. Hertel previously served as President from May 2000 through May 2009, and as Chief Executive Officer from May 2001 through May 2009. From May 2009 through his retirement in January 2012, Mr. Hertel remained employed by the Company, assisting in strategic planning. From January 2000 to May 2001 he also served as Chief Operating Officer. From January 1994 to 2000, Mr. Hertel served as Executive Vice President ? Finance and Administration. He joined the Company in March 1993 as Senior Vice President ? Finance and Administration. From 1981 to 1984 Mr. Hertel was associated with the Company as a nonvoting director and a special consultant to the board. Mr. Hertel has served as chairman of the board of directors of Compressco Partners GP Inc., one of subsidiaries, since October 2008. Compressco Partners GP Inc. is the general partner of Compressco Partners, L.P., also one of the consolidated subsidiaries and a publicly traded limited partnership subject to the reporting requirements of the Exchange Act. Mr. Hertel has served as president and a director of Fairway Petroleum, Inc., a private oil and gas company, since 1980, and as a director of LifeTech, Inc., a private manufacturer of medical devices, since 1991. From 1972 to 1984, Mr. Hertel held various positions with Rotan Mosle, Inc., an investment banking firm, including senior vice president ? corporate finance
Hertel received his B.A. degree in Finance and his MBA degree from Michigan State University.
Management Efficency
The company has Return on Asset of 1.95 % which means that on every $100 spent on asset it made $1.95 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 3.23 % implying that it generated $3.23 on every 100 dollars invested.
The company has 366.71 M in debt with debt to equity (D/E) ratio of 0.62 which is OK given its current industry classification. TETRA Technologies Inc has Current Ratio of 1.66 which is typical for the industry and considered as normal.
TETRA Technologies, Inc. operates as a diversified oil and gas services company. TETRA Technologies Inc [TTI] is traded on New York Stock Exchange in USA. It is located in TETRA Technologies, Inc.The Woodlands, TX and employs 3,648 people. Filter other
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