Biography

Otto C. Schwethelm

Director

Mr. Schwethelm is a skilled finance executive and public company director with over 45 years of experience in accounting, financial leadership, and corporate governance, primarily within the energy and industrial sectors.

He currently serves as Founder and Principal of Schwethelm Financial LLC, a financial advisory and consulting firm, and as a member of the boards of Paint Rock Bancshares and First State Bank of Paint Rock.

Mr. Schwethelm previously served as Chief Financial Officer of MP Materials. He has also held CFO roles at Capital Precast Holdings LLC, Tesoro Corporation, and OQ (formerly Oman Oil Refineries and Petroleum Industries Company), as well as senior leadership roles in international industrial services organizations. Earlier in his career, Mr. Schwethelm held roles in internal audit at Saudi Aramco and with the State Auditor of Texas. Across his career, he has led large-scale financial operations, including over $4 billion in acquisition-related financing, and has overseen enterprise-wide initiatives spanning capital allocation, financial reporting, risk management, and operational transformation. Mr. Schwethelm has also served on the boards of Schreiner University and Peterson Health, where he chaired the Finance Committee for both organizations.

Mr. Schwethelm is a Certified Public Accountant (Texas), Certified Internal Auditor, and Certified Fraud Examiner. He holds a Bachelor of Business Administration in Accounting from the University of Texas at Austin. His extensive experience in financial oversight and governance provides critical leadership to the Company.

Mr. Schwethelm serves as Chair of the Audit Committee.

 
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