Anthony G. Petrello’s Journey to Being the CEO of Nabors Industries

Anthony G. Petrello is the President, Chairman, and the CEO of Nabors Industries, which is an oilfield service firm that specializes in contract drilling. At the age of 18, Petrello was awarded a full-scholarship to pursue his dreams at Yale University, where he graduated with a master’s degree in mathematics. He later advanced his education at Harvard Law School for his interest in the human sciences.

Before Anthony G. Petrello joined Nabors Industries, he worked as a managing partner at Baker & Mackenzie from the year 1986. In 1991, he resigned from his job from the law firm and moved to Houston where he joined Nabors Industries as the company’s Chief Operation Officer. Nabors Industries managers were impressed by the way Anthony Petrello would analyze data and cases that were before him. they saw him as a great manager who would help Nabors Industries in the management of its operations. it is clear that Anthony Petrello was no afraid of taking on new challenges.

Meanwhile, Anthony G. Petrello in October 2011, succeeded Eugene Isenberg to become the President and CEO. In June 2012, he was elected to the board of directors and in the same year acceded to the board’s Executive Committee. He added chairman of the board and the Executive Committee to his titles.

Anthony G. Petrello is responsible for the general operation as well as strategic planning at Nabors Industries. His knowledge in this particular field has helped realize massive success as he continues scaling up the completive oil markets. In the year 2013, Petrello earned a total compensation of 68.2 million dollars for the 2012 financial year, to emerge the highest paid CEO at the time.

Nabors Industries currently owns approximately five hundred drilling rigs in twenty-five different countries. The company specializes in, land, offshore and directional drilling, drilling software and equipment as well as drilling technology. The company has a good history of providing high-paying jobs to the people in the US. The company highly skilled workforce that for years continues to set new standards for overall excellence and transforming the oil industry.

Under the leadership of Petrello, Nabors Industries also involved in charitable activities. Anthony G. Petrello and his wife Cynthia donated millions of dollars to Texas Children’s Hospital for research and support for the neurological affliction in children. Today, the hospital takes good care of children with different conditions including Carena, Petrellos daughter.

Anthony Petrello Info: www.houstonchronicle.com/business/steffy/article/Nabors-keeps-overpaying-CEO-4356088.php