Tony Petrello or Anthony G. Petrello, one of the highest paid CEOs from the USA knows how to manage a global company like Nabors Industry and a dedicated philanthropic initiative to support fight against neurological disorder among children.
Tony Petrello has been successfully managing Nabors Industries, one of the giant contractors in global gad, oil, and geothermal drilling sector. In addition, he also gives time to Hilcorp Energy Company Stewart & Stevenson LLC where he serves as a Director. Even after all of these positions, he is able to manage time for his philanthropic activities through which he is giving back to the community.
Tony has been working in Nabors Industry since 1991. He joined here as a Member of its Board of Directors and the Executive Committee of the Board and provided guidance on its complex legal issues such as taxation. Later on, Tony focused on other operational aspects of this company and started to provide operational expertise and strategic directions to the company. With his intuitive competencies, problem-solving ability, and risk appetite, he made major contributions to the growth of Nabors Industries. In recognition, Tony was appointed as the Deputy Chairman of Nabors Industries in 2003. Through this constant excellent work and professionalism, Tony was appointed as the President and CEO of this company in 2011. After a year in June 2011, he assumed the position of Chairman, President, and CEO of Nabors Industries and assumed overall responsibility for this global operation.
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As the top authority at Nabors Industries, Tony ensures that the company continues to grow in the global market with its strategic planning and operational excellence. Under his guidance, this company has become the largest entity with a workforce of approximately 2600 employees and operations in multiple countries throughout the world. Last year, its share prices upped by 180%, and it also secured unprecedented success in terms of growth and profit. The credit behind such success undoubtedly goes to Tony and his leadership.
Besides a busy professional career, Tony is also involved with a number of voluntary and social causes. He serves as a Member of Board of Trustees in Texas Children Hospital and strongly supports it Jan and Dan Duncan Neurological Research Center. He has been actively advocating and raising funds for clinical interventions and research on the neurological disorder among children as well. He has already donated $5 million to Jan and Dan Duncan Neurological Research Center out of his $7 million pledge.