Clay C. Williams has been the CEO of NOV Inc. since February 2014. He was previously the President and Chief Operating Officer since December 2012. Before that, he played various roles within the company, including Executive Vice President and Chief...

Clay C. Williams has been the CEO of NOV Inc. since February 2014. He was previously the President and Chief Operating Officer since December 2012. Before that, he played various roles within the company, including Executive Vice President and Chief Financial Officer. His career at NOV began when it merged with Varco, where he was CFO before the merger. Clay's background in finance has shaped his approach to running the company. In 2023, he earned a total compensation of approximately $123 million, boosted by a sizable performance-based bonus tied to company metrics. His leadership is focused on improving performance metrics like Adjusted EBITDA and Energy Transition Revenue, emphasizing the importance of aligning with shareholder interests. Over the years, he made significant stock trades, with high values during 2022 and 2023 peaking at over $23 million. Today, Clay leads NOV, focusing on operational excellence while keeping the company competitive in the energy sector. With nearly 10 years in his current role, he has a solid track record steering the company through various phases of growth and challenges.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other NOVA, Inc. CEOs

N

Clay C. Williams

CEO of NOVA, Inc.

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

January 1, 1962 - 63 years ago

CEO of NOVA, Inc. for

11 years 1 month (Feb 2014 - Present)

Previous Experience

President and Chief Operating Officer since December 2012, Executive Vice President from February 2009, Senior Vice President and Chief Financial Officer from March 2005.

Rivals

Competitors/colleagues of Clay C. Williams

R

Ben M. Palmer

CEO of RPC

2023 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$340.20K

Other

$0.00

Total Holdings

$8.24M

H

Jeffrey A. Miller

CEO of Halliburton

2023 Compensation

Stock

$27.46M

Salary

$1.60M

Bonus

$0.00

Other

$659.12K

Total Holdings

$29.98M

S

Olivier Le Peuch

CEO of Schlumberger

2023 Compensation

Stock

$0.00

Salary

$1.55M

Bonus

$3.50M

Other

$174.85K

Total Holdings

$56.26M

C

Stephen Tadlock

CEO of Cactus

2023 Compensation

Stock

$500.00K

Salary

$450.00K

Bonus

$358.43K

Other

$30.62K

Total Holdings

$1.68M

N

Anthony G. Petrello

CEO of Nabors Industries

2023 Compensation

Stock

$11.06M

Salary

$1.75M

Bonus

$1.58M

Other

$1.44M

Total Holdings

$24.52M

Holdings

See how much did Clay C. Williams make over time.

Clay C. Williams has been actively involved in the stock market, with notable insider trading activities in recent years. His peak months for stock trading occurred in late 2022 and early 2023, with transactions often exceeding $20 million. For example,...

Clay C. Williams has been actively involved in the stock market, with notable insider trading activities in recent years. His peak months for stock trading occurred in late 2022 and early 2023, with transactions often exceeding $20 million. For example, in November 2022, he reported trades valued at $22.38 million. These amounts reflect his strong belief in the company's future and the performance metrics guiding his compensation. Over time, his holdings have significantly increased in value, indicating confidence in NOV's strategic direction. From 2019 to 2022, he saw fluctuations in trading values, which underscored the company's growth potential. Williams clearly plays a critical role in shaping the financial landscape of NOV through such transactions, aligning his interests with those of fellow shareholders.

Mar 18, 2025

N

shares

NOV @ $14.68

Total Stock Sold

$34.42M

NOV

$34.42M

629,116 NOV shares

What if they kept their stock?

If Clay C. Williams didn't sell their stock, today they would have:
Extra NOV629,116 shares worth $7.35M.
This is -78.65% and $27.07M less than what they got when they sold the stock.

Charitable Transactions

NOV

43,900 shares

NOV

Recent Charitable Transactions

NOV

13,900 shares

NOV

Mar 6, 2018

Charity

NOV

30,000 shares

NOV

Dec 17, 2012

Charity

Insider Trading

See recent insider trades of Clay C. Williams.

NOV

346,851 shares

NOV

Feb 6, 2024

Received

NOV

238,118 shares

NOV

Feb 23, 2023

Received

NOV

206,939 shares

NOV

Feb 15, 2022

Received

NOV

231,842 shares

NOV

Feb 22, 2021

Received

NOV

239,020 shares

NOV

Feb 25, 2020

Received

NOV

248,640 shares

NOV

Feb 27, 2019

Received

NOV

$22.28M

NOV at $47.91/share

Aug 1, 2018

Sale

NOV

13,900 shares

NOV

Mar 6, 2018

Charity

NOV

123,265 shares

NOV

Feb 28, 2018

Received

NOV

99,190 shares

NOV

Feb 22, 2017

Received

Compensation History

See how much did Clay C. Williams make over time.

In 2023, Clay C. Williams earned a total compensation of approximately $123 million. His package included a salary of about $990,301, alongside a hefty bonus of $1.58 million, driven by performance metrics linked to the company's success. The bonus payout represented 123% of his target, reflecting how the company met operational goals in energy transition and safety. Additionally, he had $5.7 million in vested stock from previous years, indicating long-term incentives tied to his performance. Other benefits included contributions to retirement plans, highlighting a well-rounded compensation structure designed to keep executives motivated and aligned with shareholder value creation. His compensation plan showcases a strong focus on driving performance, ensuring NOV stays competitive in the ever-evolving energy sector.

Year

2023

Total Compensation

$8.28M

Salary

$990.30K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while ensuring market competitiveness.

Bonus

$1.58M

Board Justification

The bonus is based on the Company's performance metrics including Adjusted EBITDA, Energy Transition Revenue, and Safety goals, with a payout percentage of 123% of the target bonus for 2023.

Other

$18.68K

Board Justification

This includes contributions to the 401k Plan and other benefits.

Restricted Stock

$5.69M(260.03K RSU)

Board Justification

The stock that vested in 2023 includes restricted stock units that were granted in previous years and vested based on performance metrics over the vesting period.

Performance Metrics

The performance metrics for the CEO's compensation include Adjusted EBITDA, Energy Transition Revenue, and Safety performance.

Other NOVA, Inc. CEOs

Here are other CEOs of NOVA, Inc.

Merrill A. Miller, Jr.

Ex-CEO of NOVA, Inc.

March 2005 - February 2014