Cactus Announces Appointment of Jay Nutt as Chief Financial Officer
Houston, TX - Cactus, Inc. (NYSE: WHD) is pleased to announce the appointment of Jay Nutt as the Executive Vice President, Chief Financial Officer, and Treasurer, effective from June 3, 2024. With an extensive career as a financial executive, Mr. Nutt brings a wealth of experience and expertise to his new role at Cactus.
Previously, Mr. Nutt served as the Senior Vice President and Chief Financial Officer of ChampionX Corporation (ChampionX) and its predecessor, Apergy Corporation, from 2018 to 2021. This appointment follows the merger of Apergy Corporation with ChampionX Holding, Inc. With his proven track record and success in financial leadership, Mr. Nutt will be a valuable addition to the Cactus team.
Cactus, Inc. is a prominent provider of wellhead and pressure control equipment used in the oil and gas industry. With their commitment to innovation, quality, and customer service, Cactus has earned a reputation for delivering cutting-edge solutions to their clients. The appointment of Jay Nutt as the Chief Financial Officer further solidifies Cactus’ commitment to growth and financial stability.
At ChampionX Corporation, Mr. Nutt played a pivotal role in driving the company’s financial strategy and managing its financial operations. His expertise in financial planning, risk management, and mergers and acquisitions will contribute significantly to Cactus’ strategic initiatives. Jay Nutt’s leadership and financial acumen will undoubtedly play a key role in Cactus’ continued growth and success in the industry.
Commenting on the appointment, the Chairman and Chief Executive Officer of Cactus, Inc. said, We are delighted to welcome Jay Nutt to the Cactus team. His extensive financial expertise, deep understanding of the industry, and proven track record of success make him the ideal candidate for this crucial role. We are confident that Jay will further enhance our financial operations, drive value for our shareholders, and support our long-term growth s.
As the newly appointed CFO, Mr. Nutt will be responsible for overseeing Cactus’ financial planning and analysis, treasury functions, risk management, and investor relations. His strategic perspective and financial leadership will play a vital role in guiding the company through future challenges and opportunities.
Cactus, Inc. is excited about this new chapter with the appointment of Jay Nutt as Chief Financial Officer. With his successful track record in financial management and deep industry knowledge, Mr. Nutt is poised to steer Cactus towards continued success in the global energy market.
Comments