Boston, MA 05/22/2014 (wallstreetpr) – On May 16, 2014 National Oilwell Varco, Inc. (NYSE:NOV) announced that Robert Balchard, its Vice President, Corporate Controller & Chief Accounting Officer has made his intentions to retire on July 31, 2014. The company has also decided that Scott Duff will be the one as his successor.
Mr. Duff, who is a Certified Public Accountant, has completed his BBA form the University of Texas, San Antonio. He has also held the positions at Ernst & Young, KPMG and SPG before he went on to join the National Oilwell in the year 2004. Mr. Duff has also served as the Vice President for the Internal Audit for the National Oilwell Varco since 2005.
Robert’s role in Varco
The Chief Financial Officer and Senior Vice President of National Oilwell Varco, Inc. (NYSE:NOV) Varco said that the company is pleased to promote Duff as a successor to Robert Balchard. His technical skills, leadership qualities and experience make him a natural and obvious choice as a replacement of this role. He added that the company is confident that Scott will surely help them build upon the solid finance foundation.
He also said that each and every member of National Oilwell Varco is grateful to Robert Balchard for 25 years of exceptional leadership he has shown. Mr. Balchard had joined the company in 1989 and has served in various roles, in Varco. He has also played a vital role in integrating the company and still continues to play a critical role in the company. He has served as the Vice President & Corporate Controller and has also served as the Vice President, Corporate Controller & Chief Accounting Officer at the National Oilwell Varco since May 2005. The company finds the job performed by Robert during his tenure as an extraordinary skill of friendship and leadership. National Oilwell Varco, Inc. (NYSE:NOV) expects to carry the legacy left behind by his absence and also congratulated Scott in his role.
