NOW Inc. recently announced that effective February 16, 2018, Mr. Daniel Molinaro will serve as Executive Vice President, assisting with certain treasury, investor relations and employee benefits matters. Mr. Molinaro will transition from serving as Senior Vice President and Chief Financial Officer (CFO) during this period, and David Cherechinsky, currently Vice President, Corporate Controller and Chief Accounting Officer (CAO), will succeed Mr. Molinaro as CFO effective February 16, 2018.
Mr. Molinaro has served as DNOW’s CFO since May 2014. Mr. Molinaro previously served as Vice President and Treasurer of National Oilwell Varco (NOV) where his combined years of service with both DNOW and NOV is almost 50 years. Mr. Cherechinsky has served as CAO since May 2014, and previously as Senior Vice President – Finance for the NOV Distribution business group from 2003. He started with the company in January 1989.