NOV Names New President, COO

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National Oilwell Varco announced Thursday that Clay Williams has been named president and chief operating officer of National Oilwell Varco.

Williams has served as the company’s executive vice president and chief financial officer since March 2005. He served as Varco International, Inc.’s vice president and chief financial officer from January 2003 until its merger with the company in March 2005.

Jeremy Thigpen will assume the role of senior vice president and chief financial officer. Thigpen has served as the company’s president – Downhole Pumping and Solutions since 2007. Prior to that, Thigpen was the president of the company’s Downhole Tools group from 2003 until 2007. Thigpen has been with National Oilwell Varco for 15 years, holding various positions during his career.

Pete Miller, chairman and CEO of National Oilwell Varco, remarked, "These changes bring together an outstanding group of seasoned leaders, with a broad range of talents and abilities and a proven history of delivering results. I have worked closely with Clay and Jeremy over the years as they have both contributed to the growth and strong performance of the company. I am excited to announce these promotions and look forward to the continued contributions of Clay and Jeremy to the success of our company."

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