The board of directors of MRC Global Inc. (NYSE: MRC), a global distributor, based on sales, of pipe, valves, and fittings and related products and services to the energy industry, has named Rhys J. Best as non-executive chairman, effective as of its upcoming annual meeting of shareholders on April 28.
Best joined the MRC Global board in 2008 and has held various leadership roles including chair of the compensation and governance committees. Since 2014, he has served as lead independent director.
Andrew R. Lane will continue to serve as president and CEO and as a director, roles he has held since September 2008. The board also extended Lane's employment agreement until May 2020.