Mr. Antony G. Petrello is the Chairman of the Board, the CEO and the president of Nabors Industries Ltd, which is a holding company of Nabors Exchangeco (Canada) INC. Before then, he was the Chief Operating Officer of Nabors Ltd in 1991 and became the president of the company in 1992. In 2003, Tony became the deputy chairman of Nabors. Since 2011, he became the company’s CEO. Tony is connected to 3 board members in three different organizations and across 4 industries. From 2011 to date, Tony has also been the Director of Stewart & Stevenson, LLC. He is also the Director of Texas Children’s Hospital, Inc. he has also served as the director of MediaOnDemand.com.
Nabor Industries Ltd together with its subsidiaries provides drilling and rig services. They own and operate the world’s largest land-based drilling rig fleet in U.S and multiple international markets. They offer rig instrumentation, optimization software, and directional drilling and comprehensive oilfield services in most of significant oil and gas markets in the world. The company operates in United States, Far East, Middle East and Africa.
Tony holds an MS and BS from Yale University and a JD from Harvard Law School. As the chairman of the board, President and CEO at Nabors Industries LTD, Tony made $27,512,939 in total compensation for the fiscal year 2015. In 2014, Nabor industries reported a net loss of $669 million which resulted into the CEO’s pay package declined in 2014. Therefore Antony Petrello did not top the best-paid-bosses list.
Antony’s college roommate, Lloyd Grove wrote an article about him which was published in the Daily Beast. He had seen the list of the highest paid people in the world and Tony was one of them. He described Tony as a skinny scholarship kid who was an Italian American and naturally very good at Mathematics. He was also fond of pizza. Anthony’s daughter Carena was born with periventricular leukomalacia (PVL).which caused developmental delay issues. This motivated Antony and his wife Cynthia to work with Texas Children’s home Hospital Jan and Dan Duncan Neurological Research Institute. They donated $5 million as a lead donation and they lead the fundraising efforts for this research initiative.