Tony Petrello Career Change From a Mathematician, to a Lawyer and Now a Top Boss in the Oil Industry

Antony Petrello is a prominent leader in the oil drilling sector. He is the CEO, president and chairman of Nabors Industries Ltd. Nabors Industries offers oil drilling equipment to oil corporations on a contract basis and is a giant in proprietary technology and automated software solutions. The company is located in Hamilton, Bermuda with its head office in Houston, TX. Additionally, the company is operational in several other countries including Middle East, Far East, USA, and Africa and more information click here.

Tony Petrello has a comprehensive education background with a Bachelor’s Degree and Master’s Degree in Mathematics from Yale University. Also, he had a J.D Degree from the Harvard Law School. Mr. Petrello started his profession in 1979 at Baker & McKenzie Law Firm where he was promoted to Managing Partner in 1986 and stayed there until 1991. It is in 1991 that he joined Nabors Industries as its Chief Operating Officer. He was later named its President in 1992 and the Vice Chairman of the corporation in 2003. He became the CEO of Nabors Industries in 2011 and its chairman of the Board in 2012 and learn more about Antony.

In 2013, Petrello was ranked the top paid CEOs with a salary amounting to $68 million. However, in 2014, he was not named in the highest paid bosses due to his company’s restructuring its compensation packages. The modifications were made to divert some cash back to the shareholders. As the leader of Nabors Industries, Antony earns a total compensation of $27,512,939 with $16,863,656 coming from stock, $1, 580,077 being his salary, $7,727,000 awarded as a bonus, and $1,342,206 emerging from other forms of compensation and contact him.

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