Anthony Petrello’s Life and his success as the C.E.O of Nabors Industries

His work and Education background

Anthony is the Chairperson of the Executive and Board committee, C.E.O and the President of Nabors Industries Limited. The company is located in Hamilton, Bermuda. It is the world’s biggest drilling contractor of geothermal and natural gas. The firm carries out operations in the Middle East, Far East, Africa and the United States. Anthony Petrello, alias Tony, has a substantial position in the growth of Nabors Industries which began as Anglo Energy Limited 50 years ago. Anthony Petrello is a Yale University and Harvard University graduate. He attained Juris Doctor degree from the Harvard Law School and Bachelors in Science and Masters of Science degrees in Mathematics from Yale University. 1979 was the year when Anthony started his career journey when he became part of Baker and McKenzie law firm. In 1986 to 1991, Anthony was Baker and McKenzie’s Managing Partner based in New York. In 1991, Anthony Petrello affiliated with Nabors Industries as the C.O.O and in 1992 became the president. He held the position of Deputy Chairman of Nabors Industries from 2003 until June 2012. Anthony was named the Chief Executive Officer of Nabors Industries in 2011. From 2012, he has been the Chairman of the industries’ Board. He currently is also the Director of Texas Children’s Hospital.

Anthony Petrello’s total calculated compensation for the year 2015

In 2015, Petrello’s calculated compensation stood at $27,512,939, where he got a bonus of $116,863,656 as stock, a salary of $1,580,077 and other types of compensations which amounted to $1,342,206.

Board Memberships

Anthony is a director in Hilcorp Energy and Stewart and Stevenson LLC Companies. He also serves as a Board of Trustees of Texas Children’s Hospital. He advocates for clinical and research programs to focus on the needs of kids with neurological disorders.

About Nabors Industries

Nabors Industries is the chief provider of advanced downhole tools, automated drilling equipment and more innovative oilfield technologies. Leveraging its analytic capabilities and drilling automation, the company’s very skilled workforce goes ahead to set higher standards for excellence in operation as it changes how wells get drilled in the most significant gas and oil markets worldwide. Nabor’s most important area of the corporate culture is Sustainability.

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