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Anthony (Tony) Petrello and Nabors Industries Limited

Anthony (Tony) Petrello and Nabors Industries Limited

Tony Petrello is the Chairman, CEO, and President of Nabors Industries Limited. The company is one of the leading natural gas and geothermal drilling contractors, and it is currently based in Hamilton. Nabors Industries operates in the Middle East, United States, and Africa. The company has more than 500 active rigs in 25 countries. As the CEO, Mr. Tony has played the critical role in the development of Nabors since its establishment in 1968. Nabors Industries was founded as Anglo Energy Limited. It performs both onshore and offshore well-servicing, and has more than 29 marine containers for offshore oil operations.

Mr. Tony Petrello attended Harvard University, from where he received his J.D. degree. He is also an alumnus of Yale University, from where he earned his Bachelor of Science and Master of Science degree in Mathematics. After completing his studies, Tony Petrello started his career as an attorney with Baker & McKenzie Law Firm. He was a specialist in corporate taxes. He later became the Managing Partner of the same firm in 1986. Mr. Petrello is not a Texas roughneck, but he managed to join Nabors Industries in 1991 as a COO (Chief Operating Officer). He worked very hard and became the President of the firm in 1992. In 2012, Petrello was appointed as the Chairman of BNI (Board of Nabors Industries). He also works as the Executive Director of Hilcorp Energy Company and Stewart & Stevenson Company.

Tony Petrello is one of the best paid Chief Executive Officers in the United States of America. He receives $1,580,077 as a monthly salary and $7,727,000 as bonus. All of these are part of FY 2015 compensation, for which he received a total amount of $27,512,939. Besides being prominent executive, Mr. Tony is an active philanthropist.

Through TCH (Texas Children’s Hospital), Petrello has been advocating for clinical and research programs that address the requirements of kids with neurological conditions.

About Tony Petrello: http://fuelfix.com/blog/tag/anthony-petrello/