Anthony G. Petrello seems to represent the best of entrepreneur spirit in America. According to Lloyd Grove, a college mate to Anthony Petrello, at 18 years of age, Petrello was a math whiz. Today, Petrello is the highest paid chief executive in America with a $ 68.2 million salary package annually, reports, The Daily Beast. To cap his legendary achievements, Petrello is now the chief executive and chairman of Nabors Industries, a company voted as the world’s biggest land-based oil and gas drilling contractor.
Tony Petrello Soaring High in Business Arena
Petrello holds a J.D. degree from the prestigious Harvard Law School and BS and MS Mathematics degrees from Yale University. His professional career dates back to 1979 when he started working at the legal company, Baker & McKenzie. Between 1986 and 1991, he was the Managing Partner of Baker & McKenzie in New York.
Petrello and Nabors: A Successful Business Partnership
In 1991, Petrello, also fondly referred to as to as Tony, moved to Nabors Industries starting as the Chief Operating Officer. A year later, Tony rose to the position of the president of Nabors in Hamilton, Bermuda. From 1992 to June 2012, he was the company chairman. 2011 was a good year for the career of Petrello as he became Nabor’s Chie Executive Officer. In 2012, Tony assumed the Deputy Chairmanship of Nabors. From 2012 to date, Tony is the Chairman Nabors Industries Board. In February 2011, Tony became a director at Stewart & Stevenson, LLC. Petrello is also a director at MediaOnDemand.com.
Tony Petrello Steering Nabors to Greater Heights
Thanks to the leadership of Petrello, today Nabors can boast about 500 active rigs in 25 countries. Nabors Industries is ever in high demand, particularly in the United States, Middle East, Far East, and Africa. Tony’s role in making Nabors the world’s biggest natural gas and geothermal gas drilling company cannot be underestimated.
Petrello a Combination of Business and Charity
Tony is today at the head of Nabors, which began as Anglo Energy, Ltd. in 1968. With a total tabulated compensation of $27,512,939 in 2015, out of which $1,580,077 is salary, $7,727,000 bonus, $16,863,656 as stock, and $1,342,206 as supplementary compensation, it is so heartening that Tony serves on the Board of Trustees at Texas Children’s Hospital. Besides, he is an advocate for clinical programs and research into neurological disorders.You can also follow him on twitter : https://twitter.com/tony_petrello