Tony Petrello’s Contributions To Nabors Industries And Charity

Tony Petrello is one of the leading executives and philanthropists from the USA. He is the Chairman, President and Chief Executive Officer of Nabors Industries. Under his leadership, the company has become of the largest companies in the oil, gas and geothermal drilling sectors with operations in multiple nations across the world. This is truly a lifetime achievement for any executive in this sector. However, Tony has also made a huge contribution in the field of philanthropy as well for which he is considered as one the leading advocates and patrons for research and clinical programs focused on children with the neurological disorder.

Tony has a Juris Doctor (J.D) degree from the prestigious Harvard Law School. Also, he also has a Bachelor and Master degree in Mathematics from the Yale University. He started his career in 1979 when he joined a law firm named Baker and Mackenzie. While working here, Tony handled complex legal issues such as taxation and international arbitration. In 1986, he became the Managing Partner of this firm and served here till 1991.

In 1991, Tony was appointed in Nabors Industries as a Member of its Board of Directors and the Executive Committee of the Board. While he served Nabors Industries initially on legal issues, in the beginning, he became a strategic leader in this company over the years. He has been highly appraised for operational expertise and strategic direction in its planning and execution initiatives. For his contributions, Tony was appointed as the Deputy Chairmen of this company in 2003, and in 2011 he became the President and CEO of this company. In June 2012, He became the Chairman, President, and CEO of this company took overall responsibility of this company.

Due to Tony’s contributions, Nabors industry secured unprecedented success in recent times. Last year, the company managed to increase its share prices by 180% and secured a revenue more than $3 billion. Currently, Nabors Industries is considered as one the top companies in its forte.

Tony has also made a massive contribution in philanthropy as well. He is one of the foremost advocates for clinical programs and research on the neurological disorder in children. He serves as a Member of the Board of Trustees in Texas Children Hospital and supports its Jan and Dan Duncan Neurological Research Center. He made a generous donation of $5 million to this research center out of his $7 million pledge. In addition to this, he is also involved with a number of charitable organizations as well.

Find more details about Tony Petrello at http://www.bizjournals.com/houston/morning_call/2014/12/nabors-ceo-cfo-take-big-pay-cut.html