NOW Inc.’s Dick Alario has stepped down from his short-term role as executive vice chairman, the Houston-based oilfield service company said in an Oct. 30 release.
Alario previously served as interim CEO of the company from Nov. 1, 2019 until the appointment of David Cherechinsky as president and CEO on June 1, 2020. At such time, Alario was appointed and served as executive vice chairman of NOW Inc. on an interim basis to assist with the transition of Cherechinsky to his new role as the company’s CEO.
In a statement commenting on Alario’s service to the company, J. Wayne Richards, chairman of NOW Inc.’s board of directors, remarked: “Dick has played a key strategic role advising DistributionNOW’s leadership team. With his wealth of experience in the oilfield services industry, we were very fortunate to have Dick serve as our interim CEO and executive vice chairman during this time.”
Before his retirement in March 2016, Alario had served as CEO and director of Key Energy Services Inc., a provider of a complete range of well intervention services, since 2004. Prior to Key Energy Services, he was employed by BJ Services Co. where he served as vice president. He had joined BJ Services in 2002 after the company acquired OSCA Inc., where he had over 21 years of service in various capacities.
Alario will continue to serve as a director of the company. He has been a member of the board of directors of NOW Inc. since May 2014, when the company was spun off from National Oilwell Varco Inc.
NOW Inc., also known as DistributionNOW, is a worldwide supplier of energy and industrial products and engineered equipment solutions. With approximately 2,550 employees and a network of approximately 200 locations worldwide, the company provides products and solutions to E&P companies, energy transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers and engineering and construction companies.
Recommended Reading
Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety
2024-11-19 - Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.
Range Resources Counters M&A Peer Pressure with Drilling Efficiencies
2024-11-14 - Range Resources doesn’t feel the need to give into M&A peer pressure as it focuses on the efficient development of its current asset base, President and CEO Dennis Degner tells Hart Energy.
EnerMech Secures Contract with Major North Sea Operator
2024-11-13 - EnerMech will monitor the condition of the U.K. assets in accordance with safety and operational standards.
2024 E&P Meritorious Engineering Awards for Innovation
2024-11-12 - Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
New Texas 30-MW Data Center Begins Construction
2024-11-11 - Dataprana’s 30-megawatt data center in La Marque, Texas will help satiate the growing demand for cloud services, Web3 applications and digital asset mining.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.