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    Nabors Industries Ltd. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    3/19/25 4:05:20 PM ET
    $NBR
    Oil & Gas Production
    Energy
    Get the next $NBR alert in real time by email
    false 0001163739 0001163739 2025-03-19 2025-03-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    Form 8-K

    CURRENT REPORT

     

    PURSUANT TO SECTION 13 OR 15(d) OF THE

    SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): March 19, 2025

     

    NABORS INDUSTRIES LTD.

    (Exact name of registrant as specified in its charter)

     

    Bermuda   001-32657   98-0363970
    (State or Other Jurisdiction of
    Incorporation or Organization)
      (Commission File Number)   (I.R.S. Employer
    Identification No.)

     

    Crown House
    4 Par-la-Ville Road
    Second Floor
    Hamilton, HM08 Bermuda
      N/A
    (Address of principal executive offices)   (Zip Code)

     

    (441) 292-1510

    (Registrant’s telephone number, including area code)

     

    N/A

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of exchange on which
    registered
    Common shares   NBR   NYSE

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

     

    Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

     

    Chief Financial Officer Transition

     

    On March 19, 2025, Nabors Industries Ltd. (the “Company”) announced that William Restrepo, the Company’s Chief Financial Officer, will transition from his role and retire as Chief Financial Officer on September 30, 2025. Mr. Restrepo will continue to serve in his position as Chief Financial Officer until such date.

     

    As part of a planned leadership succession, it is expected that Miguel Rodriguez, Nabors' Senior Vice President of Finance Operations, will transition into the role of the Company’s Chief Financial Officer, upon Mr. Restrepo’s retirement on September 30, 2025.

     

    Item 9.01.Financial Statements and Exhibits.

     

    Exhibit No.   Description
         
    99.1   Press Release issued by Nabors Industries Ltd. on March 19, 2025, entitled “Nabors Announces Retirement of CFO William Restrepo”.
         
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      Nabors Industries Ltd.
       
    Date: March 19, 2025 By: /s/ Mark D. Andrews
      Name: Mark D. Andrews
      Title: Corporate Secretary

     

     

     

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