NOW Inc. announced that its board of directors has appointed Dick Alario as interim CEO, replacing Robert Workman. Workman will no longer serve on the company’s board. The DistributionNOW board is in the process of engaging a search firm to assist with the recruitment of a full-time CEO. Alario has asked that he not be considered for the full-time CEO position.
Alario has served as a member of DistributionNOW’s board since the company’s spinout from National Oilwell Varco in May 2014, and he will remain a director while he serves as the company’s interim CEO. Alario has worked in the oilfield services industry for almost the entirety of his 43-year professional career. Most recently, he served as CEO and a board director of Key Energy Services.