Anthony Petrello is the President and CEO of Nabors Industries LTD and began with the oil and gas drilling company in 1991. Anthony also holds a position on the Board of Directors as Chairman for the company, and he’s held that honor since 2012 after being Deputy Chairman for eight years. Anthony’s leadership has been essential to Nabors Industries becoming the primary oil and gas drilling contractor worldwide.
During fiscal year 2016, Nabors Industries LTD had operating revenue of $2.2 billion which also represented a four percent increase within the last quarter with $539 million. The company maintains 29 charter fleet marine vessels and has created the world’s leading geothermal and natural gas drilling operations that has produced contracts with several global enterprises, from the Middle East to the continent of Africa.
As CEO, Anthony has led a company to high operational performance. For that reason, he has become one of the highest paid CEO’s within the world. In 2015, Anthony’s gross compensation package was more than $27 million. By meeting or exceeding the stockholders financial objectives year after year, Anthony’s brilliant ideas for Nabors Industries LTD has positioned the company at the top of the oil and gas industry. Anthony Petrello leadership has allowed the company to take forward-thinking risks within smart technology with the implementation of SmartRigs; an innovative approach to allow higher proficiency and greater productivity results.
The philanthropy efforts Anthony associates with go to the core of his example for leadership. Anthony and his wife Cynthia are highly active with charitable events within the state of Texas. Anthony serves on the board of the Texas Children’s Hospital, which he has supported for many years since learning of his daughter’s neurological disease. Both Anthony and Cynthia are eager to step up with giving back to the community in ways that support many efforts such as AIDS research, homelessness, and the fine arts for the youth.
Anthony has shown a spirit of humanity with the use of his leadership platform as well as using the resources he’s earned by donating millions to worthy causes to learn more: https://www.crunchbase.com/person/anthony-petrello#/entity click here.