Standing firm, listening with an open mind and connecting to employees and those the company serves with ease and charm helps run a major business. President, Chief Executive Officer and Chairman of the Board, Anthony G. Petrello of Nabors Industries Ltd serves as head of this company. Tony Petrello uses adept skills and talents to carry out the company’s many goals.
Anthony Petrello received his B.S. and M.S. from Yale University and his J.D. from Harvard. He practiced international, arbitration, taxation and corporate law on linkedin.com at Baker & McKenzie law firm’s New York office before he joined Nabor. Born in Newark, NJ, Petrello comes from a close Italian family. His personal life includes his wife Cynthia a former dancer and his 17-year-old daughter named Carena.
His generous salary and bonus compensate for his absolute and indisputable dedication to Nabor Inc. He receives $1,580,077 for his base salary and $7,727,000 as a bonus on Texas Childrens.org. Also, he receives $16,863,656 awarded as stock and $1,342,206 comes from other types of compensation as of 2015. Nabor Industries Ltd., founded in 1968 offers rigs for offshore drilling. S&P 500 lists them as a public oil, natural gas and geothermal drilling contractor with close to 27,000 employees. Nabors Inc has offices located throughout the Americas, the Middle East, the Far East, and Africa.
Reviews from employees applaud Nabor Industries as a safe first company with excellent opportunities for growth within the company. Contractors and employees reference the well maintained rigs and equipment Nabor Industries uses when they discuss the superb processes this company uses to finish projects and manage a safe environment for all.
Positive reviews come mainly because of Nabor’s previous CEO Eugene Isenberg. Isenberg served for over 20 years, has a thorough knowledge of the company and after watching Tony Petrello for 20 years work in several roles, he felt it crucial to hand over the helm to Petrello. Petrello’s character reflects his acceptance of a 10 percent pay cut outlined in an article by Nora Olabi. He did this for the greater good of the company and allowed for the fluid merger of C&J Energy-Nabors. It is fine with Petrello that he was not listed as one of the top paid CEOs in 2014. Additionally, plummeting crude oil prices caused pay cuts for many, but Petrello understands sacrifices and what it takes to run a major company.
This positive trait extends to someone who roomed with Petrello in undergraduate school at Yale in the early 70’s. Lloyd Grove wrote a detailed article about his articulate, bold, garrulous, witty, and super-intelligent roommate.
Further, Tony Petrello and his wife Cynthia give their time and money ($5 million so far) for more research on periventricular leukomalacia (PVL). Unfortunately, this disease affects fetuses and premature babies. It is a brain disease which affects the white matter of the brain caused by a shortage of oxygen to the brain. Anthony and Cynthia Petrello give to Texas Children’s Hospital and the Jan and Dan Duncan Neurological Research Institute to bridge the gap with knowledge and research on this neurological disease