NexTier Announces Head of Investor Relations and Business Development

Rhea-AI Summary

NexTier Oilfield Solutions (NYSE: NEX) announced the appointment of Michael Sabella as Vice President of Investor Relations & Business Development, effective October 6, 2021. Sabella will enhance investor communication and business development efforts, collaborating with the executive team to convey the Company's strategies and performance. He brings extensive experience from his previous roles at Bank of America, Morgan Stanley, Citigroup, and Moody's. This move aims to strengthen stakeholder relations and explore growth opportunities.

Positive

• Appointment of Michael Sabella bolsters investor relations and business development.
• Sabella's extensive experience in the energy sector enhances the Company’s capabilities.

Negative

• None.

HOUSTON, Oct. 6, 2021 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced the addition of Michael Sabella as Vice President, Investor Relations & Business Development at NexTier. In his new role, Mr. Sabella will collaborate with the Company's executive management team to further strengthen investor relations and shareholder communications, including responsibility for communicating the Company's strategy, financial, and operational performance to the financial community and general investment public. Additionally, Mr. Sabella will be responsible for business development as NexTier continues to explore opportunities for future growth.

Prior to joining NexTier, Mr. Sabella was Vice President Equity Research at Bank of America and previously served in various roles at Morgan Stanley, Citigroup and Moody's Investors Service.

"We are excited to have Michael join our team and drive our investor relations activities," said Kenny Pucheu, Executive Vice President and Chief Financial Officer of NexTier. "Michael's extensive background as a research analyst focused on the energy industry, combined with strong investor community relationships, positions him as a valuable resource for NexTier stakeholders."

About NexTier Oilfield Solutions
Headquartered in Houston, Texas, NexTier is an industry-leading U.S. land oilfield service company, with a diverse set of well completion and production services across the most active and demanding basins.  Our integrated solutions approach delivers efficiency today, and our ongoing commitment to innovation helps our customers better address what is coming next.  NexTier is differentiated through four points of distinction, including safety performance, efficiency, partnership and innovation.  At NexTier, we believe in living our core values from the basin to the boardroom, and helping customers win by safely unlocking affordable, reliable and plentiful sources of energy.

Investor Contact:

Kenneth Pucheu
Executive Vice President - Chief Financial Officer

Michael Sabella
Vice President, Investor Relations & Business Development
(713) 325-6000
investors@nextierofs.com

 

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SOURCE NexTier Oilfield Solutions

FAQ

Who is the new Vice President of Investor Relations at NexTier Oilfield Solutions?

Michael Sabella has been appointed as the new Vice President of Investor Relations & Business Development.

What is the significance of Michael Sabella's appointment for NexTier?

His appointment aims to enhance investor communication and support business development efforts.

What experience does Michael Sabella bring to NexTier?

Michael Sabella has previous experience as Vice President of Equity Research at Bank of America and roles at Morgan Stanley and Citigroup.

When was Michael Sabella's appointment announced?

Michael Sabella's appointment was announced on October 6, 2021.

What is NexTier Oilfield Solutions focused on after Michael Sabella's appointment?

NexTier is focused on strengthening investor relations and exploring growth opportunities.