Calfrac Well Services Ltd.

12:24 PM EST - Calfrac Well Services Ltd. : Announced today that Fernando Aguilar, Calfrac's President and Chief Executive Officer, will be retiring from the Company. Ronald P. Mathison, one of Calfrac's founders and the Chairman of Calfrac's Board of Directors, has been appointed Executive Chairman. In this role, Mr. Mathison will take on additional responsibilities, and will continue to work closely with Calfrac's leadership team. In light of this expanded role, Greg Fletcher has been appointed to serve as Calfrac's independent Lead Director. Calfrac Well Services Ltd. shares T.CFW are trading down $0.10 at $1.94.

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