Tony Petrello is the chairman, chief executive and president of the Executive and Board Committee at the Nabors Industries Limited. The firm is based in Hamilton in Bermuda. It is one of the biggest world natural gas and geothermal drilling contractors.
It serves the regions in the Far East, United States, Africa, and the Middle East. Mr. Tony has a profound position at the Nabors Industries whose role has been significantly felt since 1968. Tony Petrello graduated from the famous Harvard University as well as Yale University. He has a juris doctorate degree from the recognized Harvard Law School. While at Yale University, Tony received degrees in BS and MS in mathematics.
His career journey started when Tony Petrello started working at Baker & McKenzie law firm in 1979. Between 1986 and 1991, he was serving at the New York office of the same law firm as a managing partner.
Tony Petrello’s journey in Nabors Industries started in 1991 as a chief operating officer. Not long, in 1992 he was appointed the president at the company. He moved on to be the deputy chairman of Nabors Industries in 2003 and served in this capacity up 2012.
Tony became the company’s chief executive officer in 2011. His service in the different leadership capacities has brought a great turn around and influence in the company. Tony concurrently serves as the director of the Hilcorp Energy Company and Stewart & Stevenson LLC. He owns membership at the Board of Trustees of the Texas Children’s Hospital. He is also a strong advocate on matters, programs around clinical, and research that addresses the needs of the children suffering from neurological disorders.
Tony Petrello is among the highest paid chief executive officers in the world. In 2015, his total compensation stood at $27,512, 939. In 2016, his total compensation from the stock options to the salary was around $15,372,429. His roommate Lloyd commended this kind of high earning for Tony. These commendable earnings show that the company is doing perfectly well. He has built it to be an envied competitive gas and oil industry. Nabors Industry was founded in the year 1952 and has passed through various trends to become the leading company in the oil and gas drilling industry.
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