George Boyadjieff is the Chairman Emeritus and recently retired CEO of Varco International, a NYSE, diversified Oil Service Company with over $1.4 billion in annual revenues.  He joined Varco in 1969 as Chief Engineer and was appointed CEO in 1991.  He has held numerous positions during his 33-year career at Varco International including, Vice President of Operations, Division President, Corporate President and COO.  He remains a director of the company, a position he has held for over 26 years.  During his tenure, Varco has grown from a small privately owned company doing less than $3 million per annum to its present size.

George holds over 50 US patents, many of them contributing substantially to the revenue growth of Varco and is considered the industry’s leading expert in Oil and Gas well drilling equipment. As President and COO he was instrumental in leading the Company through the biggest downturn ever experienced by an Industry from 1981 to 1990.  George was instrumental in the company’s survival during this difficult time and later as CEO was able to grow the company from $130 million to over $1 billion in annual revenue through a series of acquisitions, mergers and new product development activities.

In May of 2000 George successfully merged Varco, a capital goods company, with Tuboscope, a service company equal in size to Varco.  This combination has dramatically broadened Varco scope and depth and today Varco is considered one of the best mid cap companies in the Oil Service sector. 

George began his career working for Lawrence Livermore Laboratory, a US national laboratory, as a research engineer.  He also worked for the Bendix Corporation, now a part of Honeywell as an aerospace project engineer.  He holds BS and MS degrees in Mechanical Engineering from the University of California at Berkeley.

George lives in Orange County, California with Beverly his wife of 42 years.  He serves on a local hospital advisory board and on the advisory board of the business school of the California State University at Fullerton, the fourth largest business school in the nation and the largest in California.  In addition he is on the boards of two industry associations, the Petroleum Equipment Suppliers Association for which he also serves as Chairman and the National Ocean Industries Association for which he serves as Vice Chairman.  He has lectured all over the world, authored numerous technical papers and serves as a guest lecturer at California State University at Fullerton.

All contents of pages and images Copyright © 2003,
NECO, Inc. All rights Reserved.

Hosted and maintained by Inter Media Post