For close to twenty-six years now, Nabors Industries Ltd has benefited from the expertise and best leadership skills of Anthony (Tony) Petrello, a holder of J.D. degree from the Harvard Law School and M.S. degree in Mathematics from Yale University. Petrello has served various leadership positions since 1991, and from 2011, he is the company’s CEO. When he joined Nabors, Petrello served as the Chief Operating Officer, and in 1992 he was appointed the President.
Before joining Nabors, he worked at Baker and McKenzie law firm where he focused on taxation, international arbitration, and general corporate law from 1979 to 1991. From 1986 to 1991 before resigning from Baker and McKenzie, Petrello was the managing partner of the organization’s New York office.
With his excellent strategic planning initiative, guidance, experience and knowledge, Anthony Petrello has put Nabors Industries Ltd above its stiff competitors. Nabors’ reputation as the world’s largest land-based drilling rig fleet and a leading provider of offshore drilling rigs in US and several international markets is largely attributed to the great work done by Petrello.
Other than his career at Nabors, Petrello serves as a director of Hilcorp Energy Company and Stewart & Stevenson LLC. He also has a board membership at Texas Children’s Hospital from 1991 to present and is an advocate for the research and clinical programs that address the requirements of kids with neurological disorders. Being the CEO and President of Nabors, Petrello is the chairperson of the company’s Board.
According to proxy statements that were filed for the 2015 fiscal year, Anthony Petrello’s total calculated compensation as for the year 2015 was $27,512,939. Of this total, salary was $1,580,077, bonus was $7,727,000, $16,863,656 was awarded as stock, and $1,342,206 came from other kinds of compensation. This is information according to proxy statements that were filed for the 2015 fiscal year.
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