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Nabors Industries Announces CFO Retirement and Successor

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Nabors Industries Announces CFO Retirement and Successor

Nabors Industries ( (NBR) ) has issued an announcement.

Nabors Industries announced that its Chief Financial Officer, William Restrepo, will retire on September 30, 2025, after 11 years of service. Miguel Rodriguez, currently the Senior Vice President of Finance Operations, will succeed him. Restrepo has played a crucial role in the company’s success, including international expansion and significant financial restructuring. Rodriguez, who joined Nabors in 2019, is expected to continue this trajectory, having already contributed to the company’s financial operations and transformation.

More about Nabors Industries

Nabors Industries is a leading provider of advanced technology for the energy industry, with operations in over 20 countries. The company specializes in drilling, engineering, automation, data science, and manufacturing, aiming to innovate energy production and support the transition to a lower-carbon world.

YTD Price Performance: -28.91%

Average Trading Volume: 368,565

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $676.4M

See more insights into NBR stock on TipRanks’ Stock Analysis page.

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