Tony Petrello is a renowned entrepreneur who has made his name as one of the leading business leaders. Currently, Tony is the CEO and chairman of the board of executive committee of Nabors Industries, a global leader in geothermal and natural gas exploration. Anthony Petrello graduated from Yale University with a bachelor’s degree in mathematics. Petrello later received an M.S. degree in mathematics from the same university. Tony then pursued J.D. degree from the Harvard School of Law.
Tony Petrello began career in 1979 when he worked for Baker and McKenzie law firm. Seven years later, he was promoted to serve as the managing partner of the company’s New York office. Tony joined Nabors Industries as the chief operating officer in 1991. One year later he was elected president of the company. His unmatched efforts and excellence made him earn the deputy chairman position in 2003. In 2012, he was elected chief executive officer of the Nabors Industries.
Today, Tony serves as a director several organizations boards including MediaOnDemand.com, Texas Children’s Hospital, and Stewart & Stevenson LLC. Additionally, Tony is a vocal advocate for research and clinical programs that seek to address the needs of children with neurological disorders.
Total Compensation for 2015 Financial Year
Anthony’s total calculated compensation for 2015 stood at $27,512,939. Of this amount, salary summed to $1,580,077 with bonuses contributed $7,727,000. Total stocks summed to $16,863,656 while other compensations totaled $1,342,206.
About Nabors Industries
Nabors Industries is a leading oil and gas drilling contractor. With operations in more than 20 countries, the Hamilton, Bermuda-based firm provides innovative drilling rigs and modern equipment that has been transforming the global oil industry. With a goal to help its consumers meet the global demand for oil and gas, Nabors delivers world’s best drilling services through the use of exceptional technology and excellent team f professionals.
Commitment to the Community
Nabors is committed to supporting the community. The firm supports several community programs especially in areas concerning health, education, and sports. Some of their involvements include partnerships with Komen Race for the Cure, National Multiple Sclerosis Society, Wounded War Heroes and United way, just to mention a few.
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