NOW Inc. Announces James Crandell Notifies Intention to Retire from Board of Directors, Effective May 24, 2023
March 30, 2023 at 04:06 pm EDT
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On March 29, 2023, Board member James Crandell notified NOW Inc. of his intention to retire from the Company's Board of Directors, effective at the expiration of his current term on the date of the Company's upcoming 2023 annual meeting of stockholders, currently scheduled for May 24, 2023. Mr. Crandell will therefore not stand for reelection at the upcoming 2023 annual meeting of stockholders. Mr. Crandell is not retiring due to any disagreement with the Company or any of its affiliates on any matter relating to the Company's operations, policies or practices.
DNOW Inc. is a global supplier of energy and industrial products and packaged, engineered process and production equipment. It offers a set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provides technology for digital commerce, data, and information management. Its product and service offerings are consumed throughout all sectors of the energy industry, from upstream drilling and completion, exploration and production, midstream transmission, gas and crude oil processing infrastructure development to downstream petroleum refining and petrochemicals. Its global product offering includes consumable maintenance, repair and operating (MRO) supplies, pipe, manual and automated valves, fittings, flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, pumping solutions and modular process, production, measurement, and control equipment. It also offers sourcing, procurement, warehouse, and inventory management solutions.