NOW Inc. (NYSE: DNOW), Houston, TX, has named Daniel Molinaro, currently CFO and senior vice president, as executive vice president. David Cherechinsky, currently vice president, corporate controller and CAO, will succeed Molinaro as CFO.
Molinaro has served as DNOW’s CFO since May 2014, when the company was spun off from National Oilwell Varco Inc. Cherechinsky has served as CAO since May 2014, and was previously senior vice president of finance for the NOW Distribution business group.
Mark Johnson, currently vice president of finance and assistant corporate controller, will succeed Cherechinsky as vice president, corporate controller and CAO. Johnson has served in his current role since May 2014.