#Bermuda #Hamilton #Board of Directors #Nabors Industries #David Tudor

Nabors Industries Welcomes David Tudor to Board

Nabors Industries Ltd. has announced a significant addition to its Board of Directors, appointing David J. Tudor effective July 24, 2025. This strategic move aims to bolster the company's leadership and enhance its decision-making process by leveraging Mr. Tudor's extensive experience in the energy sector.

Background of David Tudor

At 66 years of age, David Tudor currently serves as the Chief Executive Officer and General Manager of Associated Electric Cooperative Inc. This organization is crucial in generating electricity for over 2 million member-consumers across the states of Missouri, Oklahoma, and Iowa. Since 2016, Tudor has led the cooperative, overseeing its operations and strategic direction.

Before his tenure at Associated Electric Cooperative, Tudor was the President and CEO of Champion Energy Services, where he played a pivotal role in negotiating its sale to Calpine in 2015. His extensive background also includes various leadership roles at Western Midstream Partners, the Electric Power Research Institute, and America's Power. What makes Tudor especially suited for his new role at Nabors is his longstanding involvement in the energy industry, showcasing his unique insights and a proven track record.

Role in Nabors Industries

In his capacity as a board member, Mr. Tudor is set to contribute significantly to both the Audit and Risk Oversight Committees. His experience and understanding of the energy landscape will be invaluable assets for Nabors as the company navigates the challenges and opportunities ahead in the dynamic energy sector.

Anthony Petrello, CEO and Chairman of Nabors, expressed enthusiasm regarding Tudor's appointment: "We are very pleased to have David join the Nabors Board of Directors. With his extensive experience in the energy industry, David brings valuable insights that will enhance our strategic direction. His appointment signifies our commitment to adding highly qualified, independent directors with strong backgrounds."

Industry Influence and Board Roles

With a distinguished career spanning decades in the energy sector, Tudor has proven his capability as a leader. His board memberships include the National Renewables Cooperative Organization since 2016 and Woodway Energy Infrastructure since 2021. Moreover, his involvement with the Cox Health Foundation further demonstrates his commitment to community and public service, adding a layer of depth to his profile.

Nabors Industries Overview

As a prominent provider of drill and energy technology across over 20 countries, Nabors has established a comprehensive global network of people, technology, and equipment dedicated to offering efficient, safe, and responsible energy solutions. The company's goals are centered on innovations within drilling, automation, engineering, and data science, effectively pushing the boundaries to transition towards a lower-carbon world.

Tudor’s onboarding signals a strategic enhancement in Nabors' leadership, with an emphasis on independent, knowledgeable directors poised to guide the company through the evolving energy landscape. By embracing industry veterans like Tudor, Nabors reinforces its commitment to leadership excellence and long-term sustainability in its operational strategies. As the energy sector faces unprecedented challenges, the addition of Tudor reflects Nabors' readiness to adapt and innovate crucial for future success.

In conclusion, David Tudor's appointment comes at a pivotal time for Nabors Industries as it prepares to tackle numerous future challenges within the energy sector while steering towards a sustainable and innovative growth path.