Nabors Industries Ltd. (NYSE: NBR) has appointed David J. Tudor to its board, effective July 24, 2025, expanding the board to eight members. Mr. Tudor, aged 66, currently serves as the Chief Executive Officer and General Manager of Associated Electric Cooperative Inc. He brings extensive experience in the energy industry, having held leadership positions in various organizations and currently serving on the board of directors of Cox Health Foundation.
During the past five years, Mr. Tudor has served as a director of the National Renewables Cooperative Organization and Woodway Energy Infrastructure. He has also been involved with entities such as Champion Energy Services, Western Midstream Partners, LP, Electric Power Research Institute, and America’s Power.
Anthony Petrello, Nabors' Chairman, CEO, and President, expressed the company's pleasure in having David join the board and highlighted that his appointment reflects their commitment to adding highly qualified, independent directors with strong backgrounds.
Nabors Industries, a leading provider of advanced technology for the energy industry with a presence in over 20 countries, aims to innovate the future of energy and enable the transition to a lower-carbon world.
This appointment signifies Nabors' strategic move to enhance its board with Mr. Tudor's valuable insights and extensive industry knowledge, ultimately benefiting the company and its shareholders. As a result of these announcements, the company's shares have moved 5.65% on the market, and are now trading at a price of $35.035. For more information, read the company's full 8-K submission here.
