KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) announced on October 29, 2026, that the company’s Board of Directors has appointed Franklin S. Edmonds, Jr. and E. Dirk Hallen as independent directors, effective immediately. The appointments were made at the recommendation of the Nominating and Corporate Governance Committee. The new directors will fill vacancies created by the resignation of John Collins and Tom McCaffrey, who announced their intention to step down from the Board with immediate effect. The departures were not attributed to any disagreements regarding the Company’s operations, policies, or practices.
Under the terms of the appointments, Mr. Edmonds has been designated as a Class II Director, serving until the Company’s 2029 Annual Meeting of Stockholders. Mr. Hallen has been designated as a Class III Director, serving until the Company’s 2027 Annual Meeting of Stockholders. Both directors have been determined to meet the independence standards required by the Securities and Exchange Commission and the Nasdaq Stock Market. Additionally, the Board has assigned Mr. Edmonds to serve on the Audit Committee and Mr. Hallen to serve on the Compensation Committee.
The Company stated that the new directors will receive standard non-employee director compensation. Mr. Edmonds brings more than three decades of experience in investments, capital markets, and corporate governance, including service as Co-Managing Partner at Panning Capital Management and a partner at King Street Capital. Mr. Hallen has over 12 years of experience in completions-focused oilfield services, including roles as CEO of Hi-Crush Inc. and HC Minerals. KLX Energy is a provider of diversified oilfield services to onshore exploration and production companies across the United States.
