Exhibit 99.1
Aris Water Solutions Names Stephan Tompsett New Chief Financial Officer
Houston, Texas, September 7, 2022 – Aris Water Solution Inc. (NYSE: ARIS) (“Aris” or the “Company”) announced today that Stephan Tompsett has been named Aris’s next Chief Financial Officer. Mr. Tompsett will assume the responsibilities of Chief Financial Officer immediately.
“The Board and I are excited to add someone with Stephan’s industry and financial experience to the executive team. Stephan is a proven Chief Financial Officer with substantial capital markets experience and a strong background in developing financial and accounting teams, which is critical at this juncture to support the Company’s long-term vision and continued growth,” said Aris President and Chief Executive Officer Amanda Brock. “We are confident that Stephan’s strategic and financial acumen, coupled with his experience leading finance in dynamic, complex companies will be a tremendous contribution to our team.”
Mr. Tompsett has over 20 years of experience primarily in the energy industry in both industry and banking roles. He most recently served as Chief Financial Officer of Limetree Bay Energy and prior to that served as Chief Financial Officer of EagleClaw Midstream and held leadership roles at Andeavor (formerly Tesoro) including Chief Financial Officer of Andeavor Logistics, a subsidiary of Andeavor. He began his career in finance at JPMorgan as an investment banker and has an MBA and BS from the University of Texas.
“I am honored and excited to join the Aris Water Solutions team. The potential for Aris’s growth is significant given its unique asset footprint and environmental solutions capabilities. I look forward to partnering with Amanda and the entire team to continue to enhance the financial and operational performance of this impressive platform,” said Mr. Tompsett
The Company previously announced that Brenda R. Schroer, who until this appointment served as Aris’s Chief Financial Officer, would conclude her role at the end of the year. Ms. Schroer will remain with the Company in an advisory capacity and play a key role in supporting the transition to Mr. Tompsett over the coming months.
About Aris
Aris Water Solutions, Inc. (NYSE: ARIS) is a leading, growth-oriented environmental infrastructure and solutions company that directly helps its customers reduce their water and carbon footprints. Aris Water delivers full-cycle water handling and recycling solutions that increase the sustainability of energy company operations. Its integrated pipelines and related infrastructure create long-term value by delivering high-capacity, comprehensive produced water management, recycling and supply solutions to operators in the core areas of the Permian Basin. Additional information is available on our website, www.ariswater.com.
