UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 18, 2014

 

 

NATIONAL OILWELL VARCO, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-12317   76-0475815

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

7909 Parkwood Circle Dr.

Houston, Texas

   77036
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 713-346-7500

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 18, 2014, National Oilwell Varco, Inc. (the “Company”) issued a press release announcing the retirement of Dwight W. Rettig, its Executive Vice President, General Counsel and Secretary, with effect from October 1, 2014. The Company has chosen Mr. Craig L. Weinstock as Mr. Rettig’s successor.

The full text of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibit is provided as part of the information furnished under Item 5.02 of this Current Report:

 

99.1    National Oilwell Varco, Inc. press release dated August 18, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 18, 2014       NATIONAL OILWELL VARCO, INC.
     

/s/ Brigitte Hunt

      Brigitte Hunt
      Vice President

Index to Exhibits

 

99.1    National Oilwell Varco, Inc. press release dated August 18, 2014
EX-99.1

Exhibit 99.1

 

LOGO

 

NEWS   

Contact: Jeremy Thigpen

(713) 346-7301

FOR IMMEDIATE RELEASE

NATIONAL OILWELL VARCO ANNOUNCES THE RETIREMENT OF DWIGHT W. RETTIG; CRAIG L. WEINSTOCK TO BE APPOINTED SENIOR VICE PRESIDENT, GENERAL COUNSEL

HOUSTON, TX, August 18, 2014 – National Oilwell Varco, Inc. (NYSE: NOV) announces that its Executive Vice President, General Counsel and Secretary, Dwight W. Rettig, plans to retire effective October 1, 2014, and that the Company has chosen Craig L. Weinstock as his successor.

Mr. Weinstock holds a B.A. from the State University of New York and a J.D. from Vanderbilt Law School. Before joining National Oilwell Varco, he practiced law at Locke Lord, LLP in Texas for 29 years counseling corporate boards and independent directors regarding governance, securities and compliance matters. While practicing with Locke Lord, Mr. Weinstock worked on behalf of National Oilwell Varco on a variety of matters. Since joining National Oilwell Varco in October 2013, Mr. Weinstock has served as National Oilwell Varco’s Vice President, Chief Compliance Officer and Vice President of Internal Audit.

Clay C. Williams, Chairman, President and Chief Executive Officer of National Oilwell Varco commented, “We are pleased to promote Craig as Dwight’s successor. Craig’s legal skills, expertise and leadership capabilities make him a natural choice for the role. We are confident that Craig will continue to build our strong, worldwide legal team and provide sound counsel and advice as he has for years.”

“We are grateful to Dwight for over two decades of extraordinary service and leadership. Dwight has many achievements at National Oilwell Varco. Dwight built an international legal department to serve the Company’s businesses around the world, including Africa, Brazil, China, Europe, the Middle East, Norway, Russia and Singapore. Dwight also played a critical role in dozens of acquisitions that resulted in National Oilwell Varco becoming an industry leader. Although we will miss Dwight, we are pleased he will soon have the opportunity to relax and spend more time with his family.”

Since joining the Company in the early 1990’s Mr. Rettig served in the legal department with increasing responsibility including General Counsel of the Company’s Distribution Services Group from 1998-1999, Vice President and General Counsel, Corporate Secretary and more recently, as Executive Vice President.

National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling production operations, the provision of oilfield services, and supply chain integration services to the upstream oil and gas industry.

# # # #