Seeking Alpha

Nabors hires Restrepo away from Pacific Drilling to become new CFO

  • Nabors Industries (NBR) names William Restrepo as its new CFO, filling a position that has sat vacant for more than five years.
  • NBR says the need for added financial expertise grew more apparent after the 2011 departure of long-time CEO Gene Isenberg.
  • Restrepo, who currently serves as CFO of Pacific Drilling (PACD) as part of 30 years' experience in financial and operational management, will join NBR starting Feb. 28.
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