Tony Petrello: CEO of the Nabors Industries

Nabors industry is one of the world’s largest natural gas and geothermal drilling contractor. It is located in Hamilton, Bermuda and has its operations in the United States of America, Africa, and the Middle and the Far East. Its Chief Executive Officer is Anthony G.Patrello, who is also known as Tony. Anthony has made significant trends in the development of the enterprise that started as Anglo Energy Company in 1968.

Anthony G’s Career in the Nabors Industries

Tony joined the company as a chief operating officer in 1991; a year later, he became its president. He was assigned the position of deputy chairman of the company in 2003. Tony held on to this position until June 2012. However, in 2011, he became its chief executive officer. Tony is also the chairman of the Board of Nabors Industries. In February 2011, he became the director of Stewart & Stevenson, LLC. Currently, Anthony is the director of Texas Children’s Hospital where he advocates for research and clinical programs that help kids with neurological disorders. Tony and his wife Cynthia committed themselves to finding the cure for Periventricular Leukomalacia (PVL), and this is why they make donations to the hospital. Their daughter Carena was diagnosed with this ailment, and it developed to cerebral palsy. Tony also served in MediaOnDemand.com as a director.

Anthony Petrello Education

Anthony attended and graduated from Harvard University and acquired a J.D degree. He also graduated from Yale University with both BS and MS degrees in mathematics. His professional endeavors started back in 1979 when he joined Baker and McKenzie law firm. Here, he held the position of a managing director of the firm’s office in New York from the year 1986 to 1991.

Tony Petrillo’s Earnings

Tony’s total earnings for 2015 were $27, 512 939, placing him among the highest paid bosses of the year. Amongst his earnings, he received $1, 580,007 as salary. The rest were bonuses, coupled with other different compensations that amounted to about 9 million dollars. Tony Petrello also earned over 16.8 million dollars in stocks. However, in 2014, Tony Petrello failed to get into the list of the top highest paid bosses due to the changes made in the company over their compensation practices. These modifications were made with the aim of getting some cash back to the shareholders. That, however, doesn’t mean that he didn’t earn a good amount of money.

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