Nabors Industries Announces Executive Leadership Changes: Miguel Rodriguez Named CFO, William Restrepo To Retire

Mar 19, 2025•4 months ago

Position

Chief Financial Officer

Company

Nabors Industries

Miguel Rodriguez

HoustonRenewable EnergyEnergyManufacturing

Description

Nabors Industries announced executive leadership changes as part of its succession planning process. William Restrepo, Nabors CFO, informed the Company of his intention to retire from his current position effective September 30, 2025, and will remain available as a Strategic Advisor to Anthony G. Petrello, Nabors Chairman, CEO, and President

Company Information

Company

Nabors Industries

Location

Crown House 4 Par-la-Ville Road

Houston, Texas, United States

About

Nabors is a leading provider of advanced technology for the energy industry. With presence in more than 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower-carbon world. Learn more about Nabors and its energy technology leadership: www.nabors.com.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

Related People

Anthony hidden

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Miguel hidden