NOW Inc., on June 1, 2020, announced that it had appointed Mr. Cherechinsky, the company’s Senior Vice President and Chief Financial Officer, to serve as the company’s President effective immediately. Mr. Cherechinsky was also appointed as a member of the Board. The Board also announced that it had named Mr. Alario as Executive Vice Chairman as he leaves his interim CEO role. Mr. Alario will continue to serve as a member of the Board. Mr. Cherechinsky has served as the company’s Senior Vice President and Chief Financial Officer since February 2018. Mr. Cherechinsky previously served as the company’s Vice President, Corporate Controller and Chief Accounting Officer from February 2014 until February 2018. Mr. Cherechinsky served as Vice President—Finance for National Oilwell Varco’s distribution business group from 2003, and as Vice President—Finance for National Oilwell Varco’s Distribution & Transmission business segment from 2011, until the company’s spin-off in May 2014. Mr. Alario has served as interim Chief Executive Officer of the company since November 2019 and has been a director of the company since May 2014. Mr. Alario served as Chief Executive Officer and director of Key Energy Services Inc. from 2004 until his retirement in March 2016. Prior to that, Mr. Alario served in various leadership capacities at companies such as OSCA and BJ Services Company. He also is a Board member of Kirby Corporation, Fluid Delivery Solutions, LLC and American Energy Permian Basin, LLC.
DNOW Inc. is a global supplier of energy and industrial products and packaged, engineered process and production equipment. It offers a set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provides technology for digital commerce, data, and information management. Its product and service offerings are consumed throughout all sectors of the energy industry, from upstream drilling and completion, exploration and production, midstream transmission, gas and crude oil processing infrastructure development to downstream petroleum refining and petrochemicals. Its global product offering includes consumable maintenance, repair and operating (MRO) supplies, pipe, manual and automated valves, fittings, flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, pumping solutions and modular process, production, measurement, and control equipment. It also offers sourcing, procurement, warehouse, and inventory management solutions.