NOW Inc. Mourns the Death of Board Member Michael Frazier
November 07 2018 - 6:45AM
Business Wire
NOW Inc. (NYSE: DNOW) announced today that Michael Frazier, a
member of the NOW Inc. Board of Directors, has passed away.
Mr. Frazier had been a director of the Company since May 2014.
Mr. Frazier was with Simmons & Company International, an
independent investment bank specializing in the energy industry,
from 1992, and served as its President and Chief Executive Officer
from 2002 and 2005, respectively, and as its Chairman from 2009,
until its acquisition by Piper Jaffray Companies in February
2016.
J. Wayne Richards, Chairman of the Board of NOW Inc., stated,
“We will be forever grateful to Mike for his dedication and service
to DistributionNOW. It has been a privilege for me and the other
Board members to work alongside Mike. He will be greatly
missed.”
Robert Workman, President and CEO of NOW Inc., added, “I am very
saddened by Mike’s passing. He was a tremendous supporter of the
Company and for that, I will always be appreciative of his impact
here. The DistributionNOW family offers our thoughts, prayers and
support to the entire Frazier family at this time.”
About NOW Inc.
NOW Inc. is one of the largest distributors to energy and
industrial markets on a worldwide basis, with a legacy of over 150
years. NOW Inc. operates primarily under the DistributionNOW and
Wilson Export brands. Through its network of approximately 265
locations and 4,500 employees worldwide, NOW Inc. offers a
comprehensive line of products and solutions for the upstream,
midstream and downstream energy and industrial sectors. Our
locations provide products and solutions to exploration and
production companies, energy transportation companies, refineries,
chemical companies, utilities, manufacturers and engineering and
construction companies.
Statements made in this press release that are forward-looking
in nature are intended to be "forward-looking statements" within
the meaning of Section 21E of the Securities Exchange Act of 1934
and may involve risks and uncertainties. These statements may
differ materially from actual future events or results. Readers are
referred to documents filed by NOW Inc. with the U.S. Securities
and Exchange Commission, which identify significant risk factors
which could cause actual results to differ from those contained in
the forward-looking statements.
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NOW Inc.David Cherechinsky, 281-823-4722Senior Vice President
and Chief Financial Officer
DNOW (NYSE:DNOW)
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