2014 Will Witness the Departure of One of the Greatest CEOs in the Energy Sector

Not all CEOs get to choose how they leave the companies they run, but in Pete Miller's case, it will be one that closes the book on a wildly successful ride. National Oilwell Varco  (NYSE: NOV  ) will be led by a new chief executive in 2014 now that we know Miller will be leaving. Taking his place will be Clay Williams, a man who has held multiple C-suite roles with the company already. In the following video, Taylor Muckerman reflects on Miller's time with the company and what's in store.

Pete Miller helped build NOV into a company that drives the energy sector
Imagine a company that rents a very specific and valuable piece of machinery for $41,000... per hour (that's almost as much as the average American makes in a year!). That's what National Oilwell Varco is bringing to the table. And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals why we are calling NOV OPEC's Worst Nightmare. Just click HERE to join Buffett in his quest for a veritable LANDSLIDE of profits!


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