Nabors Industries is a natural gas, oil and geothermal drilling contractor that is based in Bermuda, Hamilton. It is famed as the largest driller on land in the entire globe with workers and working rigs from over twenty-five countries around the globe. Having just started in the year 1968 the company has grown over the decades to hiring more than fifteen thousand employees under the capable leadership of Anthony G. Petrello who took on the seat of the company’s leader and executive chair from the year 1991 up to date.
With a B.S and M.S in Mathematics from the University of Yale and a J.D from the Law School at Harvard, Tony Petrello has made quite a name for himself over the years. He has been a director at the Stewart and Stevenson LLC from 2011 and a deputy chairman at Nabors industries between the years 2003 and 2012 when he became a full-on chairman of the board of directors at Nabors Industries Limited. Prior to getting hired at Nabors Industries, Mr. Petrello worked at a law firm by Baker and McKenzie based in New York as a managing partner between the years 1986 and 1991. Currently, he is a director at MediaOnDemand.com and the Texas Children’s Hospital.
By 2014, Tony Petrello was known as one of the highest paid CEOs in the U.S. his success and reputation has grown over the years. He is known for his moral code and the way he treats his fellows and employees with respect, humility, and understanding. Tony’s success as not handed to him, rather he worked very hard at it from his days as a scholar up to his years as a CEO. Coming from a background of struggle and hard work in order to meet his needs, Tony has learned that success is earned as he had to work for more than three decades before reaching the rank of CEO.
Petrello is not a fanatic of the media and publicity, but his work speaks for him. His most impressive attribute is his contract with Nabors that stipulated that almost 80 percent of his earnings is based on the corporation’s revenue, that is, if the revenue drops, then his salary also drops. This is a stipulation that most CEOs do not agree with, making him one of a kind in the industry.