Houston, Texas-based National Oilwell Varco (NOV) said Thursday that Clay Williams has been named President and Chief Operating Officer (COO) of the company. NOV designs, manufactures and sells equipment and components used in oil and gas drilling and production operations, and also provides oilfield services and supply chain integration services to the upstream oil and gas industry.
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 NOV'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.