The President of Nabors Industries, Tony Petrello

Before getting to this level, he has been a hardworking person throughout his school and even alongside his career. Notably, experience in conjunction with outstanding performance is what makes one successful in his endeavors. Anthony Petrello refers to one of the prominent CEOs who should often come to mind as the most paid.

Anthony Petrello’s raking of $68.2 million is what classified him as the best alongside AP. He made an appearance on the list of fifty best CEOs nationally in consideration of the amount of salary they get paid. Tony is highly respected for his role in handling different positions at the Nabor Industries. The reference given to him is often the Firm’s executive roster. He occupies the post of the CEO, Chairman as well as that of the President of the Nabor Industries.

The Nabors company has been conducting its business for quite sometime now. To be precise it established way back in 1968 under the name Anglo Energy Ltd. It has, however, undergone many positive transformations over time. Nabors main area of business is in the oil industry. The company operates as a contract driller rather than a producer. Remarkably, the objective of the enterprise is alongside securing acquisitions.

At the moment, the firm has about five-hundred rigs that are active and under operation in twenty-five countries. Additionally, it is in possession of a fleet of drilling rigs that is land-based and biggest globally. Their demand is also high particularly in line with the businesses that are booming alongside shale-fracking.

Petrello is, however, not a roughneck of Texas. He started his operations at the Nabors industries in the year 1991 where he served as a participant at the director’s panel. Before this, he served at the law firm by the name Baker & McKenzie. It is during his course of stay at the business that he focused in the corporate taxes sector. It is through his expertise that his predecessor succeeded taking the firm offshore in the year 2002.

The implication is that Petrello had a significant level of experience at the time he joined the company. It, therefore, added up to the experience and exposure that he gained while working at Nabors. Petrello got promoted to the higher positions at the company over time. It was in the year 2011 when he got to the Presidential and CEO position at the company replacing Isenberg. In the year 2012, he became the board’s chairman.Nabors has achieved a lot through his leadership, and a lot is achievable with him being in the position of leadership position.

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