---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-265216"
form_type: "8-K"
ticker: "NOV"
cik: "0001021860"
company_name: "NOV Inc."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:38:11.336970+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# NOV announces two president retirements and segment consolidation into two units

## Summary
- Isaac Joseph (Wellbore Technologies) and Kirk Shelton (Completion & Production Solutions) to retire Dec 31, 2023, with advisory roles through Mar 31, 2024.
- Joe Rovig (current Rig Technologies president) to lead new Energy Equipment segment; Scott Livingston to lead Energy Products and Services.
- Company consolidates from three reporting segments to two: Energy Equipment and Energy Products and Services, effective Jan 1, 2024.
- Retirements not due to any disagreement; CEO Clay Williams declined early retirement program participation.

## SEC filing metadata
- accession: 0001193125-23-265216
- form_type: 8-K
- ticker: NOV
- cik: 0001021860
- company_name: NOV Inc.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/0001193125-23-265216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/d559599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-265216
- JSON: https://secwatch.observer/filing/0001193125-23-265216.json
- Plain text: https://secwatch.observer/filing/0001193125-23-265216.txt

## Key facts
- Executive change
  Kirk M. Shelton departed as President of Completion and Production Solutions at NOV Inc..
  - Action: retirement
  - Role: President of Completion and Production Solutions
  source text: retirement of Kirk M. Shelton, President of Completion and Production Solutions
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/0001193125-23-265216-index.htm
- Executive change
  Scott B. Livingston changed role as President of the Energy Products and Services segment at NOV Inc..
  - Action: selected to serve as
  - Role: President of the Energy Products and Services segment
  source text: Scott B. Livingston has been selected to serve as the President of the Energy Products and Services segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/0001193125-23-265216-index.htm
- Executive change
  Isaac H. Joseph departed as President of Wellbore Technologies at NOV Inc..
  - Action: retirement
  - Role: President of Wellbore Technologies
  source text: retirement of Isaac H. Joseph, President of Wellbore Technologies
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/0001193125-23-265216-index.htm
- Executive change
  Joseph W. Rovig changed role as President of the Energy Equipment segment at NOV Inc..
  - Action: selected to serve as
  - Role: President of the Energy Equipment segment
  source text: Joseph W. Rovig has been selected to serve as the President of the Energy Equipment segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1021860/000119312523265216/0001193125-23-265216-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.