Nabors appoints Miguel Rodriguez as CFO; Restrepo retires

NABORS INDUSTRIES LTD

Miguel Rodriguez named CFO effective Oct 1, 2025; succeeds William Restrepo who retired Sept 30.
Rodriguez receives $625k base salary, $200k cash bonus, and $700k in restricted stock awards.
Severance includes 1x salary + pro-rata bonus + 24-month COBRA; 2x salary + 2x bonus on change-in-control.
Restrepo retirement triggers vesting of unvested shares, pro-rata PSUs, and max TSR share vesting.
Rodriguez has 25+ years finance experience, previously SVP Operations Finance at Nabors.

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