DistributionNOW announced that its board of directors has appointed David Cherechinsky to lead the company as full-time CEO, effective immediately. Cherechinsky, who has served as CFO of the company since 2018, will take over the CEO role from Dick Alario, a current board director who stepped in as interim CEO during a leadership transition in November 2019. Alario will continue advising the company as executive vice chairman.
Prior to becoming CFO of DistributionNOW, Cherechinsky served as the company’s chief accounting officer, and prior to that, as vice president of finance for the NOV Distribution & Transmission business segment. He began his career at NOV in 1989.
The board selected Mark Johnson to succeed Cherechinsky as CFO. Johnson has served as chief accounting officer and vice president, corporate controller since 2018.