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United States

NOW Inc (DNOW.N)

DNOW.N on New York Stock Exchange

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Summary

Name Age Since Current Position

J. Wayne Richards

58 2017 Chairman of the Board

Robert Workman

49 2014 President, Chief Executive Officer, Director

David Cherechinsky

54 2018 Chief Financial Officer, Senior Vice President

Daniel Molinaro

71 2018 Executive Vice President, IR Contact Officer

Mark Johnson

36 2018 Vice President, Chief Accounting Officer, Corporate Controller

Raymond Chang

47 2014 Vice President, General Counsel, Secretary

Paul Coppinger

57 2017 Director

Richard Alario

63 2014 Independent Director

Terry Bonno

60 2014 Independent Director

Galen Cobb

64 2014 Independent Director

James Crandell

64 2014 Independent Director

Rodney Eads

67 2014 Independent Director

Michael Frazier

68 2014 Independent Director

Biographies

Name Description

J. Wayne Richards

Mr. J. Wayne Richards serves as Chairman of the Board of the Company. He has been a director of the Company since May 2014, and has served as the Company’s independent Chairman of the Board since August 2017. Mr. Richards has served as President and Chief Executive Officer of GR Energy Services, Inc., an oilfield products and services company focused primarily on onshore production and downhole completion services in North America, since 2013. Previously, he was President and Chief Executive Officer of Global Oilfield Services, a privately held oilfield products and services company focused on the artificial lift sector, from 2008 until 2011 when it was purchased by Halliburton. Mr. Richards served as Vice President of Artificial Lift for Halliburton from 2011 to 2013. Earlier in his career, Mr. Richards spent 25 years in various senior operational and sales and marketing positions at Schlumberger.

Robert Workman

Mr. Robert Workman is President, Chief Executive Officer, Director of the Company. He has been a director of the Company since May 2014. Mr. Workman was elected President and Chief Executive Officer of the Company in February 2014. Mr. Workman served as National Oilwell Varco’s President – Distribution Services from January 2001 until the Company’s spin-off in May 2014. He previously served National Oilwell Varco starting in 1991 in various managerial positions with the distribution business group. He also previously served as the Chairman of the Petroleum Equipment Suppliers Association.

David Cherechinsky

Mr. David Cherechinsky is Senior Vice President and Chief Financial Officer of the company. a has served as Senior Vice President and Chief Financial Officer since February 2018. Mr. Cherechinsky previously served as the Company’s Vice President, Corporate Controller and Chief Accounting Officer from February 2014 until February 2018. Mr. Cherechinsky served as Vice President—Finance for National Oilwell Varco’s distribution business group from 2003, and as Vice President—Finance for National Oilwell Varco’s Distribution & Transmission business segment from 2011, until the Company’s spin-off in May 2014. He previously served National Oilwell Varco starting in 1989 in various corporate roles, including internal auditor, credit management and business analyst, and is a CPA.

Daniel Molinaro

Mr. Daniel Molinaro re-designated as Executive Vice President DistributionNOW Investor Relations officer of the Company effective February 16, 2018. He has served as Executive Vice President DistributionNOW Investor Relations officer February 2018. Mr. Molinaro previously served as the Company’s Senior Vice President and Chief Financial Officer from February 2014 until February 2018. Mr. Molinaro served as National Oilwell Varco’s Vice President from 2003, and served as National Oilwell Varco’s Treasurer from 1987, until the Company’s spin-off in May 2014. Prior to that, he was Controller of the Oilwell Division of U.S. Steel Corporation (“USX”). He started with USX in 1968, and has held various managerial positions in auditing, accounting and finance.

Mark Johnson

Mr. Mark Johnson is Vice President, Corporate Controller and Chief Accounting Officer of the company. he has served as the Company’s Vice President, Corporate Controller and Chief Accounting Officer since February 2018. Mr. Johnson previously served as the Company’s Vice President – Finance and Assistant Corporate Controller from May 2014 until February 2018. Mr. Johnson served as Vice President – Finance for the National Oilwell Varco Distribution business group from 2012 until the Company’s spin-off in May 2014. Before joining National Oilwell Varco in 2008, he worked in public accounting and is a CPA.

Raymond Chang

Mr. Raymond W. Chang is Vice President, General Counsel, Secretary of the Company. He has served as the Company’s Vice President and General Counsel since February 2014. Mr. Chang served as National Oilwell Varco’s Vice President, Assistant General Counsel and Assistant Secretary from 2009 until the Company’s spin-off in May 2014. He previously served National Oilwell Varco starting in 2001 in various positions within its legal department. Prior to joining National Oilwell Varco, he was an associate at the law firm of Baker & McKenzie from 1997 until 2001.

Paul Coppinger

Mr. Paul Mac Coppinger is Director of the Company. Mr. Coppinger has been a director of the Company since December 2017. Mr. Coppinger has served as Division President of Weir Oil & Gas, which is part of Weir Group PLC, a publicly traded company listed on the London Stock Exchange, since 2014. From 2012 to 2014, Mr. Coppinger served as President, Pressure Pumping, for the Weir Group, and from 2011 to 2012 as President Weir SPM. Prior to that, Mr. Coppinger was Group President of the Energy Segment of CIRCOR International, Inc. from 2001 to 2011. Mr. Coppinger has served on the board of directors of Petroleum Equipment & Services Association (PESA) since 2007.

Richard Alario

Mr. Richard J. Alario is Independent Director of the Company. He has been a director of the Company since May 2014. Mr. Alario served as Chief Executive Officer and director of Key Energy Services, Inc., a provider of a complete range of well intervention services, since 2004 until his retirement in March 2016. Prior to joining Key Energy Services, Mr. Alario was employed by BJ Services Company, an oilfield services company, where he served as Vice President from 2002 after OSCA, Inc. was acquired by BJ Services. Prior to joining BJ Services, Mr. Alario had over 21 years of service in various capacities with OSCA, an oilfield services company, most recently having served as its Executive Vice President. He currently serves as ex-officio chairman and executive committee member of the National Ocean Industries Association. He is also a director of Kirby Corporation, serving as its presiding director and chairman of its Corporate Governance Committee.

Terry Bonno

Ms. Terry B. Bonno is Independent Director of the Company. She has been a director of the Company since May 2014. Ms. Bonno has served as a Senior Vice President of Industry and Community Relations for Transocean Ltd since 2017. Ms. Bonno previously served as Senior Vice President of Marketing for Transocean Ltd since 2011 and Vice President of Marketing since 2008 with oversight of Transocean’s marketing in 14 countries. Additionally, her role included managing Turnkey/Project Management Organization (Applied Drilling Technology UK) from 2013 until its recent disposition and sale to private equity. Prior to this role she served in various Director and Management roles at Transocean Ltd leading the Marketing and Contracts efforts for West Africa and the Americas from 2001 until 2008. Prior to being acquired by Transocean Ltd., she served in a Director Marketing and Contracts role for Turnkey Drilling with RBFalcon and Global Marine (a wholly owned subsidiary of Applied Drilling Technology Inc. (ADTI)) from 1993 until 2001. During her time with Global Marine from 1982 to 1999 she served in various Accounting Management roles.

Galen Cobb

Mr. Galen Cobb is Independent Director of the Company. He has been a director of the Company since May 2014. Mr. Cobb has served as Vice President Industry Relations for Halliburton since 2002, and is responsible for Halliburton’s industry relations global activities, energy trade policy issues, executive client relations, and trade organization oversight. He has worked for Halliburton for over forty years serving in various executive management positions in operations, marketing, sales and business development. From 1991 to 1994, he was Director CIS and China with oversight in establishing Halliburton’s presence and operations in these emerging markets. Later he was named Director Executive Sales and Business Development with expanded responsibilities for the worldwide development and promotion of Halliburton’s services and products.

James Crandell

Mr. James D. Crandell is Independent Director of the Company. He has been a director of the Company since May 2014. Mr. Crandell served as Managing Director of Cowen and Company from 2013 to 2016. Mr. Crandell served as Managing Director of Dahlman Rose from 2011 until its acquisition by Cowen and Company in 2013. Previously, he served as Managing Director at Barclays Capital plc from 2008 until 2011. Mr. Crandell was Managing Director for Lehman Brothers starting in 1999 until its acquisition by Barclays Capital in 2008. From 1981 until 1998, he held various posts at Salomon Brothers, including managing director, senior oil services analyst and director of U.S. equity research, before his promotion to global coordinator of equity research in 1994. Mr. Crandell has more than 30 years of experience as a Wall Street analyst focusing on oilfield services & equipment. He currently serves as a director of Independence Contract Drilling, Inc.

Rodney Eads

Mr. Rodney Eads is Independent Director of the Company. He has been a director of the Company since May 2014. Mr. Eads has served as President of Eads Holdings, LLC, a wholly owned private investment firm since 2009. Mr. Eads provides advisory and due diligence services for numerous private equity entities, and served as a director from 2010 to 2015 for private equity owned Nautronix UK Limited. Mr. Eads previously served as Chief Operating Officer and Executive Vice President of Pride International Inc. from 2006 until 2009, where he was responsible for operations and regulatory compliance for offshore operations and South American and Eastern Hemisphere land assets operating in 15 countries. He also managed a public company spin-off in 2009 of Seahawk Drilling Company. He served as Senior Vice President of Worldwide Operations for Diamond Offshore Drilling Inc. from 1997 until 2006, with responsibility for operations and regulatory compliance in 12 countries. From 1977 to 1997, he served in several executive and operations management positions with Exxon Corporation, primarily in international assignments spanning 11 countries.

Michael Frazier

Mr. Michael E. Frazier is Independent Director of the Company. He has been a director of the Company since May 2014. Mr. Frazier has been with Simmons & Company International, an independent investment bank specializing in the energy industry, since 1992, and has served as its President and Chief Executive Officer since 2002 and 2005, respectively, and as its Chairman since 2009, until its acquisition by Piper Jaffray Companies in February 2016. He serves on the board of Energy Opportunities Capital Management. Prior to joining Simmons, Mr. Frazier was actively involved in the exploration and production of oil and gas as an independent operator. Mr. Frazier also serves as a director of Piper Jaffray Companies, a leading investment bank and asset management firm.

Basic Compensation

Name Fiscal Year Total

J. Wayne Richards

241,093

Robert Workman

4,069,160

David Cherechinsky

766,812

Daniel Molinaro

1,459,530

Mark Johnson

334,751

Raymond Chang

1,171,440

Paul Coppinger

--

Richard Alario

225,593

Terry Bonno

221,093

Galen Cobb

221,093

James Crandell

215,593

Rodney Eads

233,593

Michael Frazier

225,593
As Of  30 Dec 2017