Anthony G. Petrello popularly known as ‘Tony Petrello’ heads the Nabors Industries Ltd as its president and chairman. The company that has its offices in Hamilton, Bermuda is a reputable number one choice in geothermal and natural gas drilling in the world. The company operates not only in the United States but also in the Middle East and Africa. Tony Petrello is a significant figure in the Nabors Industries and contributed greatly to its success.
Tony Petrello went to Harvard University and attained a J.D degree. He went to Yale University where he achieved an MS degree and a BS degree in Mathematics. Tony Petrello worked as a Managing partner for Baker & McKenzie from 1979 to 1991. He started working with Nabors Industries in 1991 in the position of COO. He soon moved ranks to become the President of the company, the following year. He also worked for Nabors Industries as a deputy chairman for nine years from 2003 to 2012. Today, Tony Petrello is the chief executive officer of the company that he has molded to become a world leader in the oil and gas sector.
He serves on various boards including; Board of Nabors Industries where he is the chairman. He is also linked to Stewart & Stevenson LLC where he is a director. He is also in-charge of Texas Children’s Hospital where he is the director. Tony Petrello acts as a research and clinical advocate in programs that target children with the neurological disorder.
Nabors Industries has employed close to 30,000 employees whose tremendous efforts have ensured that it continues to steer growth in the industry. Nabors Industries Ltd was created during the early fifties and is recognized for maintaining high standards in the oil and gas industry. It has managed to incorporate huge drilling operations under its name. In 2010, the company acquired new well services, a move that was applauded since it was the largest acquisition of Nabors Industries.
Mr. Petrello is committed to philanthropy and he has been instrumental in the integral role in his Texas community. In 2010, Tony Petrello funded the Texas Children’s hospital with a donation of $50 million that helped it to establish Neurological Research Institute in the hospital. In Yale University, he has instituted an annual prize that constitutes an endowment of $150,000 that is awarded to any student who portrays a commendable excellence in mathematics.
Tony Petrello is regarded as the highest paid CEO in the world who has managed to transform Nabors Industries to become a successful company through hard work and dedication. He is an industry leader making a difference and inspiring companies to emulate him.