Anthony Petrello, the Personality Behind Nabors Industry Ltd Success

Anthony Petrello went to both Harvard University where he obtained a J.D. degree from Law School and Yale University where he attained a BS and MS degrees in Mathematics. In the year 1979, his professional journey kicked off after he joined Baker and Mckenzie law firm. He became the Managing Partner of the company’s office in New York from 1986 to 1991.

Anthony worked at Nabors Industries as the Chief Operating Officer in the year 1991. The following year he rose in ranks to become President of Nabors Industry Ltd. Nine years later, he served as Deputy Chairman of the company a position he remained with until June 2012. Also, he had served as Chief Executive Officer of the same company in 2011.The Hamilton-based company in Bermuda, Nabors Industry, is the biggest geothermal and natural gas drilling contractor in the world. The company’s areas of operation include Africa, Far and the Middle East and the United States of America. It has improved from a small Anglo Energy, Ltd, thanks to the significant role played by Anthony.

The Chairman of Board of Nabors since 2011, Anthony Petrello, also became Director of Stewart and Stevenson, LLC. Other areas where he served include Director to MediaOnDemand.com, besides being the present Director of Texas Children’s Hospital.Anthony’s Salary total of reimbursement for FY 2015 is $27,512,939. Among this amount, he got a salary of $1,580,077, bonus of $7,727,000, a stock of $16,863,656 and other diverse compensation kinds that amount to $1,342,206.

Apart from working as the manager of Stewart and Stevenson LLC and Hilcorp Energy Company, Anthony serves as a Board of Trustees of Texas Children’s Hospital. Besides, he supports research and programs in clinical which addresses special needs children with neurological disorders.The daughter of Anthony Petrello was established to be having periventricular leukomalacia, a common neurological ailment in babies caused by inadequate oxygen or blood flow supply to the brain. This condition leads to the child to develop chronically impaired motor skills and delay issues; a state referred to as cerebral palsy. With no other option, Anthony and his wife dedicated themselves to find the answers to this situation. Learn More.