U.S. Silica Holdings, Inc. Announces Resignation of Brad Casper

Rhea-AI Summary

U.S. Silica Holdings, Inc. (NYSE: SLCA) announced the resignation of President Brad Casper, effective August 31, 2020, to pursue other opportunities. Casper has played a key role in the company's growth over the past nine years. CEO Bryan Shinn expressed gratitude for Casper's contributions. U.S. Silica is a global performance materials company, producing silica for various industrial applications and oil and gas. The company operates 23 facilities and is a member of the Russell 2000 Index.

Positive

• Brad Casper's nine-year tenure contributed significantly to the company's growth.
• Potential for fresh leadership perspectives with a new president.

Negative

• Casper's resignation may create a gap in leadership continuity.
• Concerns regarding the transition period and its impact on company operations.

KATY, Texas, Aug. 7, 2020 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company") today announced that Brad Casper has resigned from his position as the Company's President to pursue other opportunities effective August 31, 2020.

"Brad joined us nine years ago and has been an integral part of growing U.S. Silica into the diversified industrial minerals company that we are today. We appreciate Brad's numerous contributions to our success and wish him the best in his future endeavors," said Bryan Shinn, chief executive officer.

About U.S. Silica

U.S. Silica Holdings, Inc. is a global performance materials company and last-mile logistics provider and is a member of the Russell 2000 Index. The Company is a leading producer of commercial silica used in a wide range of industrial applications and in the oil and gas industry. Over its 120-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 400 diversified product types to customers across its multiple end markets. U.S. Silica's wholly owned subsidiaries include EP Minerals and SandBox Logistics™. EP Minerals is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. SandBox Logistics™ is a state-of-the-art leader in proppant storage, handling and well-site delivery, dedicated to making proppant logistics cleaner, safer and more efficient. The Company currently operates 23 mines and production facilities. The Company is headquartered in Katy, Texas and has offices in Reno, Nevada and Chicago, Illinois.

U.S. Silica Holdings, Inc.

Investor Contact 
Arjun Sreekumar
Manager, Treasury and Investor Relations
281-394-9584
sreekumar@ussilica.com

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SOURCE U.S. Silica Holdings, Inc.

FAQ

What prompted the resignation of Brad Casper from U.S. Silica Holdings, Inc.?

Brad Casper resigned to pursue other opportunities.

When is Brad Casper's resignation effective?

His resignation is effective on August 31, 2020.

How long did Brad Casper serve at U.S. Silica Holdings, Inc.?

Casper served for nine years.

What impact might Brad Casper's resignation have on U.S. Silica (SLCA)?

It may lead to a gap in leadership continuity and affect company operations during the transition.