The name Tony Petrello has today become a household name in the corporate America today. Even if he does not jump from one media house to another like a politician, Petrello is viewed as one of the most important individuals in the US. At one point in time, he was among the highest paid CEOs in this country. Working with Nabors Industries, Tony managed to earn up to $68.2 million in 2014. His success is desired by many, but then his honesty and humility surely deserve this kind of reward.
People tend to blame Wall Street for the suffering of the Main Street due to its greedy tactics. Petrello is among these people, and he has steadfastly pursued a moral code based on fairness and respect. His brilliance in management and his strategies business undertakings are unparalleled, but then his success is greatly contributed to how he relates to his fellow man. Tony Petrello’s actions have created hundreds to thousands of jobs in the U.S. He steers the industry that has since helped many Americans find a means of living a decent life.
About Tony Petrello
Tony Petrello alias, Anthony G. Petrello serves as the President and CEO as well as the chairperson of the Executive Committee and Board of Nabors Industries Ltd., a company with its headquarters at Hamilton, Bermuda. Nabors Industries is the largest drilling contractor of geothermal and natural gas globally and operates in Africa, Far East, and the U.S. Tony Petrello has greatly contributed to the development of this company.
He is an alumnus of both Harvard and Yale. From Harvard University, he obtained J.D. degree, and from Yale, he holds both bachelors’ and masters’ degrees in Math. He began his professional journey by joining Baker & McKenzie, a law firm, in 1979. He then became a Managing Partner of this firm between 1986 and 1991, operating from its New York office.
In 1991, Tony Petrello started working with Nabors Industries holding the position of a Chief Operating Officer. The following year, he got promoted to become the President of this company. His good work saw him become the company’s Deputy Chairman in 2003, a position he held up to 2012. In 2011, Tony rose to the position of Nabors Industries’ Chief Executive Officer and the Board Chairman in 2012.
He received a total of $27,512,939 in reimbursement for FY 2015. Out of this compensation, $7,727,000 was bonus, $1,580,077 was salary, $16,863,656 was stock and $1,342,206 in other compensation. He is surely revered in the corporate world.