Adams Resources’ strategy is to enhance shareholder value through providing competitive crude oil marketing and transportation services from petroleum producing companies to the refining community, as well as provide safe, reliable and competitive transportation services to customers throughout the U.S, Canada, and Mexico. Adams’ business principles are founded on honesty and integrity and the Company maintains and cultivates an entrepreneurial spirt throughout the organization. Adams believes that strong relationships with its customers and vendors are keys to success for both Adams and its constituents. Additionally, the Company is committed to paying a consistent and reliable dividend.
Chief Executive Officer & President
Mr. Roycraft currently serves as Chief Executive Officer and President of Adams Resources & Energy, Inc., and has served in these capacities since January 2020. He joined the Company in November 2017 as President of Service Transport Company, in which he served in that capacity until January 2020. In August 2019, he was appointed Interim President of GulfMark Energy, Inc., in which he served in that capacity until March 2020. Prior to joining the Company in 2017, Mr. Roycraft served as Executive Vice President for Dana Transport Inc. from January 2016 through November 2017. From November 2012 through October 2015, he was President and CEO of Aveda Transportation and Energy Services. Mr. Roycraft holds a Bachelor of Science in Organizational Leadership and Supervision from Purdue University.
President of GulfMark Energy, Inc.
Mr. Mills currently serves as President of GulfMark Energy, Inc., and has served in that capacity since March 2020, when he joined the Company. He has over 20 years of experience in the midstream business, including significant expertise and leadership in crude oil marketing and related operations. Mr. Mills most recently served as Executive Vice President, Commercial Operations at Energy Transfer Partners, L.P. from October 2017 through December 2019 where he was responsible for a multi-billion-dollar crude oil business spanning the Dakotas, Oklahoma, Texas, Midwest and Gulf Coast. Prior to this role, he spent over 19 years at Enterprise Products Partners, L.P. where he held positions of increasing responsibility that culminated in his role as Vice President, Crude Oil Pipelines & Terminals. Mr. Mills holds a Bachelor of Business Administration in Marketing from Northeastern State University.
Tracy E. Ohmart
Executive Vice President
Chief Financial Officer & Treasurer
Mr. Ohmart currently serves as Executive Vice President, Chief Financial Officer and Treasurer, and has served in these capacities since June 2018, when he joined the Company. He was previously with Horn Solutions, Inc. from 2017 to June 2018, and prior to that, he served as Vice President and Chief Financial Officer of United Bulk Terminals USA, Inc. from 2012 to 2016. Mr. Ohmart was Assistant Controller for Southwestern Energy Company from 2010 to 2012 and Assistant Controller for EPCO, Inc. from 2005 to 2009. Prior to that, he held various accounting, finance, management and special projects positions with increasing responsibilities with TEPPCO Partners, L.P. from 2001 to 2005, and ARCO Pipe Line Company from 1989 to 2001. Mr. Ohmart holds a Bachelor of Science in Accounting and Business Administration from the University of Kansas. He is a Certified Public Accountant in the State of Texas.
President of Service Transport
Mr. Harrison currently serves as President of Service Transport Company, and has served in that capacity since January 2020. Mr. Harrison joined Service Transport in August 2018 as Vice President of Sales and has 17 years of experience in transportation and logistics operations, management and leadership. Prior to joining Service Transport, Mr. Harrison held positions of increasing responsibility with Groendyke Transport, Inc., which culminated in his role as Vice President of Gulf Coast Operations. He began his career in transportation and logistics with CTL Distribution Logistics, LLC, where he most recently served as Vice President of National Accounts. Mr. Harrison holds a Bachelor of Business Administration degree in Marketing from Sam Houston State University.
Board of Directors
Townes G. Pressler
Chairman of the Board
Mr. Pressler has served as a director since 2011, and is Chairman of the Board of the Company, having been appointed Chairman in September 2017. He was also appointed Executive Chairman of the Company in September 2017, and effective December 31, 2019, he retired as Executive Chairman. Mr. Pressler is President and founder of Tepee Petroleum, an independent oil and gas producer based in Houston, that he founded in 1978. He was also the founder and chairman of VSO Inc. (formerly Pressler Petroleum Consultants, Inc.), which provides engineering consulting services and appraisals, which he founded in 1985, and he divested his interest in October 2018. Prior to 1985, Mr. Pressler was President of Philip Hill Energy, President of Republic Oil and Gas Corp., and Chief Petroleum Engineer for Barnhart Co. after his initial years with Exxon. Mr. Pressler is a 1959 graduate of the University of Texas and holds a Bachelor of Science in Petroleum Engineering and is a Registered Professional Engineer.
Dennis E. Dominic
Board Committee Membership: Compensation, Nomination & Governance and Investment (Chairman)
Michelle A. Earley
Board Committee Membership: Nomination & Governance (Chairman) and Investment
Richard C. Jenner
Board Committee Membership: Audit, Compensation (Chairman), and Investment
John O. Niemann
Board Committee Membership: Audit (Chairman), Compensation and Investment
Mr. Niemann has served as a director since 2019, and he is a Managing Director of Andersen Tax LLC (formerly known as WTAS LLC) having served in this position since June 2013. He is also the president and chief operating officer of Arthur Andersen LLP, and has been since 2003. He previously served on the administrative board of Arthur Andersen LLP and on the board of partners of Andersen Worldwide. Mr. Niemann began his career at Arthur Andersen LLP in 1978 and has served in increasing responsibilities in senior management positions since 1992.
Mr. Niemann has served as a director and chairman of the audit committee of Hines Global Income Trust, Inc. since August 2014. Since May 2012, he has also served as a director and is currently the chairman of the audit committee of HMS Income Fund, Inc. He previously served as a director and chairman of the audit committee of Gateway Energy Corporation from June 2010 until December 2013 when the company went private.
Mr. Niemann has served on the board of directors of many Houston area non-profit organizations, including Strake Jesuit College Preparatory School (past chair of the board), The Regis School of the Sacred Heart (past chair of the board), The Houston Symphony, The University of St. Thomas, The Alley Theatre and Taping for the Blind, Inc. He graduated with a Bachelor of Arts in Managerial Studies and a Master of Accounting from Rice University, received a Juris Doctor from South Texas College of Law and a Master of Law in taxation from the University of San Francisco School of Law.
Murray E. Brasseux
Board Committee Membership: Audit, Compensation and Nomination & Governance
Mr. Scofield has served as a director since 2016, and he is the President and Chief Operating Officer of KSA Industries, Inc. (“KSAI”), our affiliate, having served in this position since April 2015. Mr. Scofield served as Vice President of Corporate Development and Tax Planning at KSAI for more than five years prior to 2015. He has extensive experience with a diverse group of businesses, including oil and gas, agriculture, automotive, insurance and professional sports. Mr. Scofield is a graduate of the University of Texas and holds a Bachelor of Business Administration and a Master of Professional Accounting, specializing in taxation.