08:01 AM EDT, 03/19/2025 (MT Newswires) -- Nabors Industries ( NBR ) said Wednesday that Chief Financial Officer William Restrepo has decided to retire, effective Sept. 30.

Restrepo will remain available as a strategic adviser to Nabors CEO and Chairman Anthony Petrello on that date, the company said.

The company's Senior Vice President of Operations Finance Miguel Rodriguez will assume the CFO role over the next several months, Nabors added.