DNOW NOW Inc.

NOW Inc. Announces Appointment of Sonya Reed to the Board of Directors

NOW Inc. (NYSE:DNOW) announced today that Sonya Reed has been appointed to the Company’s Board of Directors effective August 11, 2021. Ms. Reed’s term will expire at the 2022 annual stockholders’ meeting.

Ms. Reed has served as the Senior Vice President of Human Resources and Corporate Communications of Phillips 66, a publicly traded company listed on the New York Stock Exchange, since 2015. From 2011 to 2015, Ms. Reed was with General Cable, where she last served as Executive Vice President, Chief Human Resources Officer. Ms. Reed began her career at Zurich Financial Services, where she held several positions of increasing responsibility, the last of which was Vice President of Human Resources of their Latin American business. Ms. Reed received a Bachelor of Science in Economics from Arizona State University, and completed advanced studies at the University of Cambridge in England and the Complutense University of Madrid.

David Cherechinsky, NOW Inc.’s President and Chief Executive Officer, said “We are excited to welcome Sonya Reed to the NOW Inc. Board of Directors. Sonya brings extensive experience to the board and the Company. We are confident she will provide valuable perspectives as we continue to execute our strategy and enhance value for all DNOW stockholders.”

Dick Alario, NOW Inc.’s Chairman of the Board, said “The addition of Ms. Reed to our Board complements our board of directors' skills and experiences. Her appointment is also in keeping with our commitment to increase the gender and racial diversity of DNOW’s Board of Directors. Sonya will be a valuable addition to the Board and I am delighted to welcome her.”

With the appointment of Ms. Reed, the Company’s Board of Directors is now comprised of eight Directors, seven of whom are external and independent including the Chairman of the Board of Directors, two of which are women and one of which is of an ethnically diverse background.

NOW Inc. is one of the largest distributors to energy and industrial markets on a worldwide basis, with a legacy of over 150 years. NOW Inc. operates primarily under the DistributionNOW and DNOW brands. Through its network of approximately 195 locations and 2,450 employees worldwide, NOW Inc. offers a comprehensive line of products and solutions for the upstream, midstream and downstream energy and industrial sectors. Our locations provide products and solutions to exploration and production companies, energy transportation companies, refineries, chemical companies, utilities, manufacturers and engineering and construction companies.

EN
12/08/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NOW Inc.

 PRESS RELEASE

DNOW Reports Fourth Quarter and Full-Year 2024 Results

HOUSTON--(BUSINESS WIRE)-- DNOW Inc. (NYSE: DNOW) announced results for the fourth quarter and full-year ended December 31, 2024. Recent Capital Allocation Actions Announced a new $160 million share repurchase authorization, double the size of the share repurchase program successfully completed in 2024 Completed acquisition of Trojan Rentals, LLC in the fourth quarter of 2024, for $114 million in cash, enhancing our pump rental offering and industrial automation capabilities in the water transfer and management space Financial Highlights Cash provided by operating activities was...

 PRESS RELEASE

DNOW Announces Fourth Quarter and Full-Year 2024 Earnings Conference C...

HOUSTON--(BUSINESS WIRE)-- DNOW Inc. (NYSE:DNOW) has scheduled a conference call to discuss the results for the fourth quarter and full-year 2024 on Thursday, February 13, 2025 at 8:00 am (US Central Time). Financial results for the fourth quarter and the year ending December 31, 2024 are expected to be released that morning before the market opens. The call will be broadcast through the Investor Relations link on DNOW’s web site at on a listen-only basis. Listeners should log in prior to the start of the call to register for the webcast. A replay of the call will be available online for th...

 PRESS RELEASE

DNOW Announces a New $160 Million Share Repurchase Program Authorizati...

HOUSTON--(BUSINESS WIRE)-- DNOW Inc. (NYSE: DNOW) (“DNOW” or the “Company”) announced today that its Board of Directors authorized the Company’s new share repurchase program (“repurchase program”) pursuant to which the Company may purchase up to $160 million of DNOW Inc.’s common stock, effective immediately. The Company has successfully completed its previously announced $80 million repurchase program. David Cherechinsky, President and CEO of DNOW Inc., commented, “We are excited to announce our new share repurchase program, which is double in size from our previous program. The continued e...

Dnow Inc: 1 director

A director at Dnow Inc sold 26,186 shares at 15.080USD and the significance rating of the trade was 62/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...

 PRESS RELEASE

DNOW Announces Acquisition of Trojan Rentals, LLC

HOUSTON--(BUSINESS WIRE)-- DNOW Inc. (NYSE: DNOW) announced it has completed its all-cash acquisition of Trojan Rentals, LLC (“Trojan”), a leading provider of pump rentals, automation technology and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling and treatment requirements. David Cherechinsky, President and CEO of DNOW noted, “Trojan’s reputation for a customer-first mindset, coupled with its highly sought after products and solutions, enables water management customers to deliver critical water infrastructure services to the ind...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch