Industrial pipe, valve and fittings distributor DNOW announced its future leadership team that will be effective on the completion of the pending purchase of MRC Global — announced on June 26. The team will be comprised of leaders from both companies who bring expertise and track records in customer service, operational excellence and supply chain management across the energy and industrial sectors.
As previously announced, David Cherechinsky, DNOW President and CEO, will serve as President and CEO of the combined company, while DNOW CFO Mark Johnson will serve as Senior Vice President and CFO.
The additional members of the future leadership team include:
- Kelly Youngblood,CFO of MRC Global.
- Clent Rawlinson,SVP at DNOW.
- Jack McCarthy,SVP – Supply Chain, Quality and Technical Sales at MRC Global.
- Steve Smith,SVP – International at MRC Global.
- Raymond Chang,VP and General Counsel of DNOW.
- Kelly Munson,Chief Administrative and Information Officer of DNOW.
- Timm Bohnert, VP of Supply Chain of DNOW
- Brad Wise, VPof Digital Strategy and Investor Relations of DNOW..
- Gillian Anderson,VP and Chief Accounting Officer of MRC Global.
“Our organizations have a wealth of talent, and these future leadership team members share a vision for creating a premier solutions provider to the energy and industrial markets,” said Cherechinsky said in an Oct. 13 news release. “This team brings an extensive understanding of our industry and a commitment to developing talent, serving our customers, accelerating growth and expanding our scale and scope of products, services and supply chain solutions. I look forward to working together to unlock new opportunities to deliver growth and drive greater value for our customers, partners and shareholders.”
DNOW and MRC Global agreed to combine in an all-stock acquisition for DNOW valued at approximately $1.5 billion to create a “premier solutions provider to the energy and industrial markets.” The transaction is on track to close in the fourth quarter of 2025, having received both DNOW and MRC Global shareholder approval. It is still subject to obtaining the remaining regulatory clearances and satisfaction of other customary closing conditions.