– USA, TX – NOV Inc. (NYSE: NOV) today announced the appointment of Patti Melcher to its Board as an Independent Director effective January 17, 2024, expanding the board to nine members, of whom eight are independent.
About Patricia B. Melcher
Patti Melcher is currently a Managing Partner of EIV Capital, an energy-focused private equity firm she co-founded in 2009. Before co-founding EIV Capital, Patti Melcher founded Allegro Capital Management in 1997, an investment firm which made equity investments in energy companies and provided consulting services. During her tenure at Allegro, she served as interim CEO for Petrocom Energy Group from 2003 to 2004. Patti Melcher joined SCF Partners at its formation to focus on private equity investments in the oilfield services sector and held positions of increasing responsibility from 1989 to 1994. Ms. Melcher has over 35 years of energy business experience, beginning her career as an investment banker for Simmons & Company International in 1986.
Patti Melcher received a Bachelor of Science in Systems Engineering from the University of Virginia and a Master of Business Administration from Harvard University.
About NOV
NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.
For more information: https://www.nov.com/
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