People: National Oilwell Varco, Inc. (NOV)
NOV on New York Consolidated
42.68USD
9 Feb 2010
42.68USD
9 Feb 2010
Price Change (% chg)
$1.15 (+2.77%)
$1.15 (+2.77%)
Prev Close
$42.68
$42.68
Open
--
--
Day's High
$43.58
$43.58
Day's Low
$42.18
$42.18
Volume
7,649,408
7,649,408
Avg. Vol
6,945,166
6,945,166
52-wk High
$50.17
$50.17
52-wk Low
$23.79
$23.79
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Miller, Merrill | 58 | 2005 | Chairman of the Board, President, Chief Executive Officer |
| Williams, Clay | 46 | 2009 | Chief Financial Officer, Executive Vice President |
| Reese, Mark | 50 | 2007 | President - Rig Technology |
| Rettig, Dwight | 48 | 2009 | Senior Vice President, General Counsel, Secretary |
| Blanchard, Robert | 47 | 2005 | Vice President, Chief Accounting Officer, Corporate Controller |
| Armstrong, Greg | 51 | 2005 | Lead Director |
| Guill, Ben | 58 | 1999 | Director |
| Jarvis, Roger | 55 | 2002 | Director |
| Beauchamp, Robert | 49 | 2002 | Director |
| Harrison, David | 62 | 2003 | Director |
| Mattson, Eric | 57 | 2005 | Director |
| Smisek, Jeffery | 54 | 2005 | Director |
Biographies
| Name | Description |
|---|---|
| Miller, Merrill | Mr. Merrill A. Miller Jr. has been a Director of National Oilwell Varco Inc., since May 2001 and Chairman of the Board since July 22, 2005. He also served as Chairman of the Board from May 2002 through March 11, 2005. He served as the Company’s Chief Operating Officer from November 2000 through March 11, 2005. He has served as President since November 2000 and as Chief Executive Officer since May 2001. He has served in various senior executive positions with National Oilwell since February 1996. Mr. Miller also serves as a director of Chesapeake Energy Corporation, a company engaged in the development, acquisition, production, exploration, and marketing of onshore oil and natural gas properties in the United States. |
| Williams, Clay | Mr. Williams serves as Executive Vice President of National-Oilwell Varco Inc since February 2009, and as the Company’s Senior Vice President and Chief Financial Officer since March 2005. He served as Varco’s Vice President and Chief Financial Officer from January 2003 until its merger with the Company on March 11, 2005. From May 2002 until January 2003, Mr. Williams served as Varco’s Vice President Finance and Corporate Development. From February 2001 until May 2002, and from February 1997 until February 2000, he served as Varco’s Vice President—Corporate Development. Mr. Williams serves as a director of Benchmark Electronics, Inc., a company engaged in providing electronic manufacturing services in the United States and internationally. |
| Reese, Mark | Mr. Mark A. Reese has served as President - Rig Technology since August 2007. Mr. Reese served as President - Expendable Products from January 2004 to August 2007. He served as President of the Company’s Mission Products Group from August 2000 to January 2004. From May 1997 to August 2000 he was Vice President of Operations for the Company’s Distribution Services Group. |
| Rettig, Dwight | Mr. Dwight W. Rettig serves as Senior Vice President of National-Oilwell Varco, Inc since February 2009, as the Company’s Vice President and General Counsel since February 1999, and from February 1998 to February 1999 as General Counsel of the Company’s Distribution Services Group. |
| Blanchard, Robert | Mr. Robert W. Blanchard serves as Vice President, Corporate Controller and Chief Accounting Officer of National Oilwell Varco Inc since May, 2005. Mr. Blanchard served as Controller of Varco from 1999 and as its Vice President from 2002 until its merger with the Company on March 11, 2005. |
| Armstrong, Greg | Mr. Greg L. Armstrong has been a Lead Director of National Oilwell Varco Inc., since March 2005. Mr. Armstrong served as a Director of Varco from May 20, 2004 until its merger with the Company on March 11, 2005. Since 1998, he has been the Chairman of the Board and Chief Executive Officer of Plains All American GP LLC, the general partner and controlling entity of Plains All American Pipeline, L.P., a publicly traded master limited partnership engaged in the business of marketing, gathering, transporting, terminalling and storing crude oil. Mr. Armstrong is a member of the National Petroleum Council. |
| Guill, Ben | Mr. Ben A. Guill has served as a Director of National Oilwell Varco Inc., since 1999. Until April 2007, he was President of First Reserve Corporation, a corporate manager of private investments focusing on the energy and energy-related sectors, which he joined in September 1998. Prior to joining First Reserve, Mr. Guill was the Managing Director and Co-head of Investment Banking of Simmons & Company International, an investment-banking firm specializing in the oil service industry. Mr. Guill also serves as a director of the general partner of Cheniere Energy Partners, L.P. and as a director of Trico Marine Services, Inc. |
| Jarvis, Roger | Mr. Roger L. Jarvis has been a Director of National Oilwell Varco Inc., since February 2002. Since 2007, he has served as Chairman, Chief Executive Officer and President of Common Resources LLC, a privately held company engaged in the business of exploration for and production of hydrocarbons in the United States. He served as President, Chief Executive Officer and Director of Spinnaker Exploration Company, a natural gas and oil exploration and production company, from 1996 and as its Chairman of the Board from 1998, until its acquisition by Norsk Hydro ASA in December 2005. |
| Beauchamp, Robert | Mr. Robert E. Beauchamp has been a Director of National Oilwell Varco Inc., since August 2002. Since 1988, he has served in various capacities at BMC Software, Inc., a leading provider of enterprise management solutions, most recently as President and Chief Executive Officer and as Chairman of the Board. During his career with BMC, he also served as senior vice president of research & development, vice president of strategic marketing and corporate development, and director of strategic marketing. |
| Harrison, David | Mr. David D. Harrison has been a Director of National Oilwell Varco Inc., since August 2003. He has served as Executive Vice President and Chief Financial Officer of Pentair, Inc., a diversified manufacturer in water technologies and enclosures businesses, since February 2000 until his retirement in February 2007. He also served as Executive Vice President and Chief Financial Officer of Pentair, Inc. from 1994 to 1996. From 1972 through 1994, Mr. Harrison held various domestic and international finance positions with a combination of General Electric and Borg-Warner Chemicals. Mr. Harrison serves as a director of Navistar International Corporation, a holding company whose wholly owned subsidiaries produce International® brand commercial trucks, MaxxForce brand diesel engines, IC brand school buses, and Workhorse brand chassis for motor homes and step vans. Mr. Harrison also serves as a director of James Hardie Industries, a fibre cement technology company. |
| Mattson, Eric | Mr. Eric L. Mattson has been a Director of National Oilwell Varco Inc., since March 2005. Mr. Mattson served as a Director of Varco (and its predecessor, Tuboscope Inc.) from January 1994 until its merger with the Company on March 11, 2005. Mr. Mattson is currently an investor in and serves as the Chief Financial Officer of Select Energy Services, LLC, a privately held oil service company located in Gainesville, Texas. Prior to that, Mr. Mattson served as Senior Vice President and Chief Financial Officer of VeriCenter, Inc., a private provider of managed hosting services, since 2003, until its acquisition in August 2007. From November 2002 until October 2003, Mr. Mattson worked as an independent consultant. Mr. Mattson was the Chief Financial Officer of Netrail, Inc., a private Internet backbone and broadband service provider, from September 1999 until November 2002. From July 1993 until May 1999, Mr. Mattson served as Senior Vice President and Chief Financial Officer of Baker Hughes Incorporated, a provider of products and services to the oil, gas and process industries. |
| Smisek, Jeffery | Mr. Jeffery A. Smisek has been a Director of National Oilwell Varco Inc., since March 2005. Mr. Smisek served as a Director of Varco (and its predecessor, Tuboscope Inc.) from February 1998 until its merger with the Company on March 11, 2005. Since December 30, 2004, Mr. Smisek has served as President and a director of Continental Airlines, Inc. Mr. Smisek previously served Continental Airlines, Inc. as, Executive Vice President from March 2003 until December 2004; and Executive Vice President — Corporate from May 2001 until March 2003. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Miller, Merrill | 6,898,770 |
| Williams, Clay | 2,659,880 |
| Reese, Mark | 1,784,860 |
| Rettig, Dwight | 1,797,090 |
| Blanchard, Robert | 1,427,650 |
| Armstrong, Greg | -- |
| Guill, Ben | -- |
| Jarvis, Roger | -- |
| Beauchamp, Robert | -- |
| Harrison, David | -- |
| Mattson, Eric | -- |
| Smisek, Jeffery | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Miller, Merrill | 399,334 | 13,122,130 |
| Williams, Clay | 166,755 | 6,659,812 |
| Reese, Mark | 119,629 | 3,872,450 |
| Rettig, Dwight | 70,000 | 3,408,030 |
| Blanchard, Robert | 53,790 | 2,388,920 |
| Armstrong, Greg | 0 | 0 |
| Guill, Ben | 0 | 0 |
| Jarvis, Roger | 0 | 0 |
| Beauchamp, Robert | 0 | 0 |
| Harrison, David | 0 | 0 |
| Mattson, Eric | 0 | 0 |
| Smisek, Jeffery | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| BLANCHARD ROBERT W | 7 | $44.86 |
| BLANCHARD ROBERT W | 20 | $44.45 |
| MILLER MERRILL ANTHONY JR | 2,500 | $0.00 |
| SMISEK JEFFERY A | 2,756 | $0.00 |
| BEAUCHAMP ROBERT E | 2,756 | $0.00 |
| ARMSTRONG GREG L | 2,756 | $0.00 |
| MATTSON ERIC L | 2,756 | $0.00 |
| GUILL BEN A | 2,756 | $0.00 |
| HARRISON DAVID D | 2,756 | $0.00 |
| JARVIS ROGER L | 2,756 | $0.00 |
| BLANCHARD ROBERT W | 16,000 | $0.00 |
| REESE MARK A | 24,000 | $0.00 |
| RETTIG DWIGHT W | 16,000 | $0.00 |
| WILLIAMS CLAY C | 32,000 | $0.00 |
| MILLER MERRILL ANTHONY JR | 105,000 | $0.00 |
| MATTSON ERIC L | 6,690 | $8.00 |
| MILLER MERRILL ANTHONY JR | 2,500 | $0.00 |
| SMISEK JEFFERY A | 2,500 | $18.94 |
| SMISEK JEFFERY A | 2,500 | $19.31 |
| BEAUCHAMP ROBERT E | 3,000 | $19.37 |
| ARMSTRONG GREG L | 5,000 | $23.65 |
| JARVIS ROGER L | 5,000 | $24.93 |
| HARRISON DAVID D | 1,000 | $24.48 |
| MILLER MERRILL ANTHONY JR | 26,244 | $23.42 |
| REESE MARK A | 2,733 | $54.57 |





