Nabors Industries (NBR) announced executive leadership changes as part of its succession planning process. William Restrepo, Nabors CFO, informed the company of his intention to retire from his current position effective September 30. On that date, Restrepo will remain available as a strategic advisor to Anthony Petrello, Nabors chairman, CEO and president. Nabors senior VP operations finance, Miguel Rodriguez, will progressively transition into the role of CFO over the next several months. Rodriguez joined Nabors in 2019.
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