Anthony G. Petrello is the current Executive Committee, Chairman of the Board and Chief Executive Officer of Nabors Industries Ltd. The company is based out of Hamilton, Bermuda and is the biggest company in the world in the field of natural and geothermal drilling contracting. Nabors Industries conducts business in Africa, the Middle East, the Far East and the United States. Anthony Petrello is often called Tony and his role in the development of Nabors Industries is significant. The company originally began in 19685 under the name of Anglo Energy.
Anthony Petrello graduated from Yale University and Harvard University. His J.D. Degree was earned when he attended Harvard Law School and he earned his MS and BS degrees in Mathematics from Yale University. Mr. Petrello embarked on his professional journey in 1979 when he went to work for the Baker & McKenzie legal firm. He was the managing partner in the New York location from 1986 until 1991. The same year he became the Chief Operating Officer for Nabors Industries. He took the position of company president in 1992 and in 2003 he served as the Deputy Chairman. He remained in this position until 2012. By 2011 Mr. Petrello was the Chief Executive Officer for Nabors Industries. He has worked for Stewart & Stevenson as their Director since 2011 and held the same position with MediaOnDemand.com and the Texas Children’s Hospital.
The total calculated compensation for Anthony Petrello in 2015 was $27,512,939. Out of this amount $1,580,077 was his salary, $16,863,656 was his stock, $7,727,000 was for bonuses and $1,342,206 was for various compensations.
Anthony Petrello is the Director for the Hilcorp Energy Company and Stewart & Stevenson LLC. He sits on the Board of Trustees for the Texas Children’s Hospital and is an advocate for clinical programs and research to benefit children suffering from neurological disorders.