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National Oilwell Varco Announces Certain Management Changes Related to Its Distribution Spinoff

National Oilwell Varco, Inc. announced the name of an additional member of the Executive Management team for its previously announced plan to spin off to its shareholders its Distribution Business as an independent publicly traded company. On the effective date of the spinoff, Mr. Raymond Chang will become the Vice …

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National Oilwell Varco Announces Name and Certain Management Team Members of Its Distribution Spinoff Company

National Oilwell Varco, Inc. announced that it has formed a new Delaware corporation, NOW Inc., to eventually serve as the independent, publicly traded company for its previously announced proposed plan to spin off to its shareholders its Distribution Business. The proposed publicly traded distribution business intends to operate under the …

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