On Thursday, oil-field services provider National Oilwell Varco (NYS: NOV) announced it has promoted Executive Vice President and Chief Financial Officer Clay Williams to the twin positions of president and chief operating officer.

Williams has served as CFO of NOV since March 2005, prior to which he served as CFO of the company's predecessor Varco International prior to its merger with National Oilwell that month.

National Oilwell Varco further announced that its Downhole Pumping and Solutions unit President Jeremy Thigpen will assume the role of CFO for the whole company. Thigpen has worked for the company In various capacities for 15 years.


link

The article CFO Named National Oilwell Varco's New President and COO originally appeared on Fool.com.

Fool contributor Rich Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Bonds for Beginners

Learn about fixed income investments.

View Course »

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Add a Comment

*0 / 3000 Character Maximum