Case Study Of National Oilwell Varco, Jr.

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Merrill A. “Pete” Miller Jr. is second member of the audit committee with five years of experience on Chesapeake’s Board of Directors. His education stemmed from U.S. Military Academy at West Point where he got his degree in Applied Science and Engineering. After serving five years in the United States Army, he went back to school and attained his MBA from Harvard Business School in 1980. Since that time, Mr. Miller has had various executive positions in drilling companies that work with oil and gas wells. He worked at Anadarko Drilling company for fifteen years before being promoted to CEO for a year. He then joined, National Oilwell Varco, Inc., a leading company in drilling solutions with operations globally. While he started at National Oilwell Varco, Inc. as a V.P. of Marketing, Mr. Miller continued to be promoted to various …show more content…

Mr. Miller Jr. would have an extensive knowledge of the oil and drilling industry as the Chairman, President, and CEO of National Oilwell Varco, Inc. Within Chesapeake Energy’s 10-Q they note Mr. Miller Jr.’s skills and experience revolve around business leadership, corporate governance, financial expertise, and risk management. There is very little doubt that he has extensive knowledge in several of those areas of expertise after considering his experience. He worked in upper level management for decades facing challenging situations that would have tested those skills and abilities. He also went back to school for his MBA at Harvard, which allowed him to extensively gain his skills and knowledge about business holistically.

The third member of the audit committee is Richard K. Davidson, a retired Chairman and CEO of Union Pacific Corporation. He started working for Missouri Pacific Railroad at the age of eighteen while attending Washburn University- where he got his degree in history. He continued with the company being promoted several times including having responsibilities

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