People Moves

NOV appoints new chief accounting officer

NOV has announced that Christy H. Novak will take over as VP corporate controller and chief accounting officer, effective 1 November 2021.

She succeeds Scott K Duff who informed the board of his decision to step down from his current role.

Novak has served as the firm’s VP of accounting systems since August 2020, where she has been leading efforts to design, implement, rationalize, and improve efficiencies of NOV’s accounting systems and processes.

From October 2013 to August 2020, she served as the VP of finance for the company’s rig technologies operating segment.

During her 16 years with the firm, she has advanced through several positions of increasing responsibility and helped lead initiatives to “strengthen and streamline” accounting functions.

Prior to joining NOV, she spent nearly 10 years in public accounting with Ernst and Young where she served various audit clients in the manufacturing and energy industries.

Jose Bayardo, senior VP and CFO, said: “On behalf of the entire organization I would like to thank Scott for his innumerable contributions during his nearly 18-year career with NOV.

“We are excited to announce the promotion of Christy Novak to be NOV’s chief accounting officer. As a key executive within our finance organization over the past 16 years, Christy has proven her capabilities as a builder and leader of high performing teams, a driver of continuous process improvements, and a strong technical accountant.”

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