Dnow announces future leadership upon merger with MRC Global

Dnow (DNOW) announced its future leadership team effective upon the completion of the pending transaction with MRC Global (MRC). David Cherechinsky, President and Chief Executive Officer of DNOW, will serve as President and Chief Executive Officer of the combined company, and Mark Johnson, Chief Financial Officer of DNOW, will serve as Senior Vice President and Chief Financial Officer. Kelly Munson, Chief Administrative and Information Officer of DNOW, will serve as Chief Administrative and Information Officer, with oversight of Human Resources, Organizational Development, and Information Technology functions. Gillian Anderson, Vice President and Chief Accounting Officer of MRC Global, will serve as Vice President and Chief Accounting Officer, reporting to Mark Johnson. The transaction is currently on track to close in the fourth quarter of 2025, having received both DNOW and MRC Global shareholder approval and is still subject to obtaining the remaining regulatory clearances and satisfaction of other customary closing conditions.