How Tony Petrello Built Up Nabors Industries

Tone Petrello currently works for – rather, runs the entire operation of – Nabors Industries, an energy miner and distributor that specializes in geothermal drilling and harvesting oil around the world. The company has its equipment in every continent on planet Earth other than Antarctica, not to mention its offshore drilling rigs are found in all four major oceans and more information click here.

While not everybody knows everything about oil companies, it’s important to note that Nabors hadn’t always been this successful, earning 141 million dollars in net income from a revenue stream totaling higher than 6 billion dollars in fiscal year 2014. It used to be known as Anglo Energy, although that company failed horribly in 1987, then founded a new organization called Nabors, which has successfully blossomed into a well-established entry company of our modern era and learn more about Anthony.

Mr. Petrello first wanted to work as a mathematician, earning a bachelor’s – in three years, to boot – and master’s from Yale University. He then decided that he could do more in a career with a juris doctorate, or the professional degree sought after by aspiring attorneys. Tony was actually able to attend Harvard Law School to attain this degree, placing himself in an elite category of people who attended Ivy League schools for three consecutive degrees and Anthony’s lacrosse camp.

After graduating, he went to work for an international law firm that specialized in doing taxes between countries for large organizations. This firm’s name was Baker & McKenzie. He worked his way up from his hire in 1979 to higher ranks in 1986, in which he was named the managing partner of the law firm. He served in that capacity for five years, until his departure to Nabors in 1991.

Tony has done great things for Nabors, assuming a wide-ranging role as an executive – particularly in two roles in its Board of Directors, as well as President and Chief Operating Officer – in which he went on to increase its share value by more than 200%, to date. Mr. Anthony Petrello was consistently one of the world’s most compensated chief executive officers, earning more than $68,000,000 in fiscal year 2013. Since, Tony has fairly decide to bump his pay, still earning more than virtually everybody in America.

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