How Tony Petrello Made His Mark In Nabors Industries And Philanthropy
Tony Petrello or Anthony G. Petrello made an unprecedented mark in Nabors Industries as well as in philanthropy. He is currently serving as the Chairman, President and Chief Executive Officer at Nabors Industries as well as a Director of Hilcorp Energy Company and Stewart & Stevenson LLC. Serving in such positions itself is a massive achievement for any executive. Above that, Tony also made his contribution in the field of philanthropy through his generous donations and advocacy for research and treatment for children with neurological disorder.
As the Chairman, President, and CEO of Nabors Industries, Tony has proved his excellence in every aspect of his work. He provides operational guidance and strategic leadership to this company and ensures that this company thrives even in the most difficult and competitive market. Under his headship, Nabors Industries has enjoyed massive success in recent time. Last year, this company secured a colossal revenue of more than $3 billion and increased its share prices by 180%. Currently, this is considered as one of the largest contractors for oil, natural gas and geothermal drilling operations in the world. With diversified operations in different nations and more than 27,000 employees, Nabors Industries has a very successful player in the global arena and Tony has a massive contribution behind this.
Tony has been a significant player for Nabors Industries for a long while. He joined Nabors Industries in 1991 as a Member of its Board of Directors and the Executive Committee of the Board. In the beginning, he used to provide his legal expertise this company on various complex issues i.e. taxation and so on. Over the years, he started to perform even bigger responsibilities for this company and proved himself a valuable asset to it. For his contributions, Tony was recognized by an appointment as Deputy Chairman of Nabors Industries 2003 as well as President and CEO in 2011. In the month June in 2012, Tony was appointed as the Chairman, CEO, and President of this company and the ultimate leader behind its success.
Tony has made an unprecedented contribution to a charity which includes a generous pledge of $7 million to Jan and Dan Duncan Neurological Research Center in Texas Children Hospital, and he has already paid $5 million to it. He also serves as a Member of its Board of Trustees and actively advocating and fundraising for research and clinical programs that help children with neurological disorder. He has Juris Doctor degree from Harvard Law school, and before joining Nabors Industries, he served in Baker and Mackenzie for more than 15 years.