Anthony Petrello has been with Nabor Industries since 1991, when he was named to the company’s Board of Directors and the Executive Committee of the Board . He had also been in the role of President and Chief Operating Officer of the company from 1991 until 2011.
In 2011 Anthony Petrello was promoted to President and Chief Executive Officer, which is a position he continue in today. Anthony Petrello, also known as Tony, provides strategic planning and direction to the company while also fulfilling his role in running the day to day operations of Nabor Industries.
Over this time with Nabor Industries Mr. Anthony Petrello has garnered a deep knowledge, wealth of experience, and numerous skills in the gas and oil field as well as how to operate the company. Nabor Industries offers other businesses oil field and contract driller services. The company operates around 500 oil rigs and is also involved in the more recent advances in shale fracking. Anthony Petrello oversees the company’s operations which are found in 25 countries throughout the world.
Anthony Petrello has been deeply involved in the large number of acquisitions that Nabor Industries has engaged in over the years. He ultimately makes the decision on which companies to acquire and how acquiring them will add to his strategic vision.
Anthony Petrello has developed a strong, positive reputation as a Chief Executive Officer. He is known to handle his executive team very well, recruiting top individuals for the management team, and effectively communicating his goals and vision. He also has a worldwide reputation coming up with strategic plans for the company and implementing them through to completion. Anthony Petrello also has the responsibility of communicating with current investors as well as recruiting new ones.
Since becoming Chief Executive Officer of the company their stock has increased by 180%. This has led to Anthony Petrello being one of the top paid CEOs in the world.