Anthony Petrello is serving as the President and CEO of Nabors Industries. The group is one of the world’s largest oil field drilling and rig construction contractors. It is located in the Bermuda Islands with headquarters in Houston, Texas. He is also the Chairman of the board of directors. He joined the company in 1991 as the CEO and rose through the ranks to the top position in 2012. He is in charge of strategic planning and operational guidance at Nabors Industries.The firm operates the world’s biggest land-based drilling rigs and controls numerous offshore platforms throughout the world. Oil companies contract the company to design, build and maintain oil rigs. Anthony Petrello’s dynamic leadership has been instrumental in the company’s rapid growth. He is adept at differentiating the company’s strategies to succeed in a highly competitive industry. He also plays a key role in negotiating strategic partnerships such as a collaboration with Saudi Aramco to expand the number of oil rigs under their control.
Anthony Petrello was the highest paid CEO in America in 2013 according to Associated Press and Equilar. He grossed over $68 million in annual compensation in 2013. He is an active philanthropist and supports the Texas Children’s Hospital. In 2014, the company implemented a raft of changes in their executive remuneration packages. The changes affected Tony’s earnings significantly. He dropped from the list of top paid bosses that year.He is passionate about accelerating research on neurological disorders in children. He contributed over $7 million in 2006 to Texas Children’s Hospital. His daughter who suffers from a neurological disorder inspires his passion in giving.
The Institute is dedicated to developing therapy options for childhood neurological disorders such as autism, cerebral palsy, brain injury, Alzheimer’s and epilepsy among others. Besides financial support, he also contributes his time to the hospital serving as a member of the board of trustees.Anthony Petrello attended Harvard Law School for his law degree and Yale University for a master’s in mathematics. He has extensive experience in corporate law, taxation, and international arbitration. He is also a Director of Stewart & Stevenson and Hilcorp Energy. You can also visit his Social Media website : https://twitter.com/tony_petrello