Anthony Petrello is the CEO of Nabors Industries, Ltd. Nabors is a global contractor of oil, natural gas and geothermal drilling. They operate 500 land drilling rigs in 25 countries, 48 offshore rigs in areas surrounding the U.S. including nine additional countries and they operate specialty rigs specifically for drilling gas in regions like the Middle East. Tony Petrello: One of the Highest Paid CEO in the Nation
Anthony Petrello is responsible for leading this massive company. He has been with Nabors Industries since 1991. He began his tenure there working as President and Chief Operating Officer. In 2011 he was promoted to the position of President and Chief Operating Officer. In 2014, it was reported that he was the one of highest paid CEOs in America with a total salary of $68.2 million. Tony Petrello Welcomes Tommy Tune Home To Houston
Petrello haled from humble beginnings in Newark, NJ. His family was a hard working Italian family that taught him the values he holds dear to this day. These values are what makes him such an appreciated leader. It’s his respect and understanding of the working individual that makes him a unique leader. How Tony Petrello Helped Houston With Hurricane Harvey Relief
He studied hard to obtain an excellent pre-college education. He excelled in mathematics, performing PhD level linear algebra and calculus. This won him a full scholarship to Yale University. He continued to impress his professors and even the renowned mathematical theorist; Serge Lang. Lang enlisted him to help with one of his theories. Together they performed complicated theorems and proofs.
While Petrello had a promising future in mathematics, his interests were rechanneled and he began pursuing a law degree at Harvard Law School. After 20 years pursuing his educational goals, he then sought the fulfillment of his career goals. At first he wasn’t focused, but finally he found Nabors Industries and committed 20 years to them before becoming their CEO.
Petrello is a very different kind of CEO. He is not content simply accepting a large income. He insists that his income be directly tied to the company’s earnings. If the earnings go down, so does his salary. His leadership has led to the company now employing 100,000 workers all of whom receive high salaries. This all proves the value Petrello provides as CEO of Nabors Industries. His value is derived from who he is and his respect for his fellow man, his business principles and his intelligence. Tony Petrello’s Nabors Industries Will Purchase Tesco This Year