Nabors Industries Ltd. (NYSE: NBR) has announced the appointment of David J. Tudor to its board of directors, effective July 24, 2025. This expansion brings the board's total membership to eight. Mr. Tudor, 66, currently serves as the Chief Executive Officer and General Manager of Associated Electric Cooperative Inc., which generates electricity for over 2 million member-consumers across Missouri, Oklahoma, and Iowa.
Over the past five years, Mr. Tudor has served as a director of the National Renewables Cooperative Organization since 2016 and of Woodway Energy Infrastructure since 2021. He currently sits on the board of directors of Cox Health Foundation. With a robust background in the energy industry, including leadership positions at Aces Power Marketing, PG&E Energy Trading, and Edisto Resources, Mr. Tudor brings valuable insights to the Nabors board.
Anthony Petrello, Nabors' Chairman, CEO, and President, expressed his satisfaction with Mr. Tudor's appointment, emphasizing the extensive experience and valuable industry knowledge that he brings to the board. This move underscores Nabors' commitment to adding highly qualified, independent directors with strong backgrounds, positioning the company for strategic growth.
Nabors Industries, a leading provider of advanced technology for the energy industry with a global presence in more than 20 countries, aims to innovate the future of energy and enable the transition to a lower-carbon world by leveraging its core competencies in drilling, engineering, automation, data science, and manufacturing.
For more information about Nabors and its energy technology leadership, visit www.nabors.com. Following these announcements, the company's shares moved -0.39%, and are now trading at a price of $33.16. If you want to know more, read the company's complete 8-K report here.