NOV promotes Bayardo to President & COO, Reed to CFO effective March 17

NOV Inc.

Jose Bayardo promoted from SVP & CFO to President & COO effective March 17, 2025.
Rodney Reed promoted from President of Process Flow Technologies to SVP & CFO same date.
Bayardo's base salary increased to $850,000, target bonus 100% of salary, plus $1.15M LTIP award.
Reed's base salary increased to $575,000, target bonus 85% of salary, plus $1.15M LTIP award.
Changes part of long-term succession planning; Chairman & CEO Clay Williams commented on readiness.

item 5.02 item 9.01 item 7.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Rodney Reed

Senior Vice President and Chief Financial Officer

NOV · NOV Inc.

Effective: 2025-03-17
Filed: March 20, 2025, 7:59 PM ET

Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.

Role change

Jose Bayardo

President and Chief Operating Officer

NOV · NOV Inc.

Effective: 2025-03-17
Successor: Rodney Reed
Filed: March 20, 2025, 7:59 PM ET

On March 17, 2025, NOV Inc. (the “ Company ”) appointed Jose Bayardo as its President and Chief Operating Officer, effective March 17, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Rodney Reed was appointed as Senior Vice President and Chief Financial Officer at NOV Inc..

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

Also on March 17, 2025, the Company appointed Rodney Reed as its Senior Vice President and Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jose Bayardo was appointed as President and Chief Operating Officer at NOV Inc..

Action: appointed
Role: President and Chief Operating Officer

Exact text from the filing

On March 17, 2025, NOV Inc. (the “ Company ”) appointed Jose Bayardo as its President and Chief Operating Officer, effective March 17, 2025.

View on SEC.gov

NOV Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-058311

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