Nabor Industries which is the globally recognized industry for natural gas drilling and geothermal energy generation serves the United States, Africa, Far East and the Middle East among other markets. The company began in 1968 as Anglo Energy Ltd. but later rebranded as Nabor Industries. Nabor Industries trades on the American Stock Exchange with the symbol NBR. The company would deal with the exploration of crude oil and its constituents.Anthony Petrello, who is customarily known as Tony Petrello is the Chief Executive Officer, President, and Chairman of the Executive Board of Nabor Industries based in Hamilton, Bermuda. Preceding him was Eugene Isenberg, who held the position until 2011 when Tony Petrello took over although he had been working with the company since 1991. He has been a principal leader in the company who has reorganized the company to grow and survive hard times such as the 1990 to 1991 recession.
The Nabor Industries by being the largest drilling contractor worldwide stands better chances to explore all opportunities in the oil industry. The company is specialized in good logging, oil field hauling, technical, and construction and engineering roles. In Canada alone, for instance, Nabor Industries has five barge rigs, 19 jacks up barge rigs and 48 oil platform rigs. The company received annual revenue of $6.23 billion as at 2014, but growth has not been halted. Its employees enjoy the best remuneration packages with attractive benefits, job security and work-life balance. Noteworthy, Anthony Petrello is among the highest paid bosses in United State with an annual compensation of $27,512,939 although he didn’t appear in the 2014’s list of top paid bosses. This was the shareholder’s decision since he would hold the title for ages due to his net worth.
About Tony Petrello
He has a J.D degree from the Harvard University and a Masters degree in Mathematics from the Yale University. In 1979 began working at a law firm, Baker & McKenzie. Tony worked for the Baker & McKenzie until 1991 when he joined Nabor Industries as the Deputy Chief Executive Officer.Tony Petrello has been associated with many organizations. He is the Director for Hilcorp Energy, Mediaondemand.com, and Stewart &Stevenson LLC. By having a daughter living with periventricular leukomalacia, he has spearheaded and pushing for research and clinical programs at the Texas’ Children Hospital. He has also worked with the Dan Duncan Neurological Research Institute.