Tony Petrello is an ambitious, talented and successful entrepreneur who has continuously worked to improve the Nabors industry and also improve the economy of the country. Tony Petrello is the current CEO, president and the chairman of the board of Nabors Industries which deals with offshore drilling including gas and oil drilling. His primary roles as the chief executive officer of the industry are to provide strategic planning directions on Equilar and initiatives that enable the company to prosper and adapt so as to cope with the existing competitive environment.
Tony Petrello studied at Yale University where he graduated with a bachelor in mathematics. He chose to study mathematics as it was always his wish and career path. After that, he went for his masters in mathematics in the same university where he graduated in 1976. Tony Petrello also holds a bachelor of law from Harvard Law School. This plays a significant role in his leadership as the CEO because he has the knowledge of all what is required by the company laws. Tony Petrello has been exercising the knowledge he gained from the University in coming up with innovative ideas that make the Nabors industry continue making significant profits. Before joining Nabors industry, Tony Petrello was working with Baker & McKenzie as a consultant where his primary focus was on corporate taxation, general corporate law, and international arbitration. He also worked as the managing partner of the company’s office in New York.
According to the information provided in the proxy statement filed in 2015 fiscal year, Tony Petrello the CEO, president, and chairman of the Board of Nabors industry limited made $27,512939 total compensation on texaschildrens.org. The total cash payment is inclusive of the yearly pay and bonuses received. Nabors industry limited offers innovative technologies, performance tools, and drilling services all over the world and commonly deals with gas and oil. Nabors has new and advanced drilling machines operated by professional workers who continue raising the standards of the industry, as well as transforming Nabors industry to offer the best. Dudley Rodgers was initially the CEO of Nabors industry who later stepped down for Tony Petrello due to some management issues. Source: http://www1.salary.com/Anthony-G-Petrello-Salary-Bonus-Stock-Options-for-NABORS-INDUSTRIES-LTD.html
Tony’s daughter Carena, who is eight years old, was diagnosed with periventricular leukomalacia (PVL) which is commonly caused by lack of blood flow to the brain and lack of oxygen to premature infants. Out of the disease, Carena developed impaired motor skills and other developmental delay issues which have made her parents look for a cure. Tony and his wife Cynthia has, therefore, being working hand in hand with Texas Children’s Hospital to ensure that Carena and other children get the chance to reach their full potential through proper treatment and care. They also consult the Dan Duncan Neurological Research Institute on The Daily Beast where possible so as to make sure that the disease is well monitored and the medication given to the children is right. Tony and his wife Cynthia believe that after all, their daughter and all the children suffering from the disease will be cured. This has made the couple be frequent donors and active fundraisers to the foundation.