Antony Petrello: The Driving Force Behind Nabors Company Limited

Antony Petrello is the current CEO and the Chairman of the Board of Nabors Company, a position he has been holding since 1991. Nabors is a company associated with gas and oil drilling exploration. Antony Petrello attended the Harvard Law School where he graduated with a J.D Degree. Apart from this, he is a proud holder of an M.S and B.S degrees from Yale University.

Career at Nabors

As the CEO and President of the company, Antony is mandated with operational functions, providing strategic planning, as well as directing the company to prosper in a dynamic yet competitive market and more information click here.

Antony Petrello 2015 Compensation

As of the year 2015, Antony G. Petrello had a total compensation of $15,202,689. A total of $1,575,000 was his basic salary while $1,492,982 was a bonus. Also, $10,808,769 was received from stock while the remaining $1,325,938 came from different endorsements and compensations.

Antony Petrello Board Membership

Some of Antony’s board memberships are; the director of the Texas Children’s Hospital, Inc., and the Director of Stewart & Stevenson, LLC.

Nabors Industries Positive Contributions

Nabors Industries provides various rigs for offshore drilling services as well as offshore oil platform workover. With a total of 29 marine vessels, the company provides offshore operations for its workers hence making it easier for them to drill and explore oil and gas. Nabors also provides directional drilling systems, manufactures top drilling drives, and facilitates data collection.

Lloyd Groove Perception

Lloyd Groove is amazed by how fast Tony became successful and rich as compared to him and yet they were classmates at their 10th-year college graduation. Groove talks about how Tony was skinny in class and how he was a math wizard and Anthony on Facebook.

Carena Diagnosis

Carena was born 24 weeks earlier and only weighed 20 ounces. Upon her birth, she was diagnosed with periventricular leukomalacia; a neurological disorder that leads to impaired motor skills. As the director of Texas Children’s Hospital, Tony and his wife contributed $7 million to the hospital as a way of promoting research and learn more about Anthony.

2014 Rich List

Antony did not make it to the 2014 rich list because Nabors changed its corporate governance and compensation practices. These changes included the splitting of the chairman roles as well as limiting the severance payment of the CEO to three times that of an executive salary and Anthony’s lacrosse camp.

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