C&J Energy Services Ltd. announced that the company's Board of Directors has appointed Randy McMullen as Chief Executive Officer, succeeding Josh Comstock, Founder and former Chief Executive Officer and Chairman, following his unexpected death on March 11, 2016. Mr. McMullen will also continue performing his current duties as the company's Chief Financial Officer. The remainder of the company's leadership team will continue in their present roles.

The Board has also decided to separate the roles of Chairman and Chief Executive Officer and in due course will designate and announce a Chairman of the Board. Mr. McMullen joined C&J Energy Services in August 2005 as Chief Financial Officer and a member of the Board of Directors, and he was promoted to President in October 2012. Prior to joining C&J, he held various positions with Arthur Andersen, Credit Suisse First Boston, and Growth Capital Partners.