A Review Of Tony Petrello’s Journey To The Helm Of Nabors Industries

Tony Petrello is one of the most successful chief executive officers in the United States. The visionary leader worked hard and achieved much success as he climbed the corporate ladder. He is Nabors’s chief executive officer. In addition, he is the company’s chairman, and president. Tony holds these three positions owing to his strategic business ideas. Under his leadership, the company has been able to expand its operations and cement its position as the leading provider of offshore oil and gas drilling services. In 2013, Tony was the highest-compensated American CEO.

Petrello joined Nabors from Baker & McKenzie LLC, a renowned law firm. Here, he worked as a lawyer, serving the company’s New York division as the managing director. Nabors recruited Tony owing to his vast experience in business law, especially on taxation and arbitration. When he joined Nabors, Tony served as the company’s chief operating officer.

The mathematician’s success as the chief operating officer earned him a position on the company’s board of directors and executive committee. Within a year, he was appointed to serve as the president. His achievements at the company are unmatched. He kept pushing forward and turning everything he touched into success. Tony’s efforts contributed significantly to success of company. His first major duty as the president was overseeing the acquisition of Grace Drilling. The transaction was valued at $32 million. Following the success of the acquisition, Petrello went on to acquire many other companies, including Superior Well Services in 2010.

As the CEO, chairman, and president of Nabors, Tony Petrello is charged with the duty of overseeing the day-to-day operations of the company. He is also involved in the creation and implementation of the company’s long-term strategies. His experience and sound educational background have made it easy for him to deliver on his mandate. Tony has created additional time to perform other duties. For instance, he serves as a director of Hilcorp Energy Company and MediaOnDemand.com. He is also a director at Stewart & Stevenson.

Tony Petrello is an active philanthropist. Tony and his wife Cynthia have been contributing towards the treatment and care of children diagnosed with neurological disorders. In his life, Tony has donated more than $7 million to Texas Children’s Hospital. He has also supported other initiatives like the education for the less privileged children in the society. His philanthropic activities have provided hope to thousands of children. Petrello continues to support different community initiatives.

To Read More : http://weeklyopinion.com/2017/09/tony-petrellos-inspired-path-to-philanthropy/

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