Anthony Petrello’s Career At Nabors Industries

Anthony, also known as Tony, Petrello has a number of roles at oil and gas giant Nabor Industries Ltd. Petrello first came to the company in 1991 as the Deputy Chairman, President, Chief Operating Officer, a member of the Board of Directors, and a position on the Executive Committee of the Board. In 2011 he assumed the position of Chief Executive Officer for Nabor Industries and in 2012 he was elected as Chairman of the Board and Chairman of the Executive Committee of the Board for the company.

Anthony Petrello earned his Bachelor’s degree and Master’s degree in Mathematics at Yale University. He also holds a J.D. degree that he earned at Harvard Law School. From 1979 to 1991 he practiced law for Baker & McKenzie in New York City. In 1986 he had attained the position of Partner at the law firm and was known for his specialized knowledge in corporate law, taxation, and international arbitration.

At Nabor Industries Petrello oversees the strategic planning and overall operations of the company. As Chief Executive Officer Petrello handles all major corporate decisions and allocates resources according to the company’s priorities. He is also responsible for setting the corporate culture of Nabor Industries as well as its values and behavior.

Nabor Industries was founded in 1968 and operates out of Houston, Texas. It is one of the largest oil and gas companies in the world with natural gas, oil, and geothermal drilling operations in more than 20 countries in North and South America, the Middle East, Asia, and Africa. The company also supplies offshore drilling rig platforms and services to other oil drilling companies. At the time that Petrello came to the company in 1991 it was just a few years after the company had experienced a bankruptcy. Its stock had penny stock status but by 1992 the company had recovered and its stock value had greatly increased. Today the company is a Fortune 500 company and employs over 25,000 people.

Learn more about Anthony Petrello: http://blogs.marketwatch.com/thetell/2014/05/27/why-nabors-ceo-wont-top-best-paid-bosses-list-again-in-2014/

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