One of the biggest industry leaders in oil and gas drilling is Nabors Industries. Based in Hamilton Bermuda, Nabors industry is a multi-billion dollar company, having earned $3.5 billion dollars in revenue in 2009. The company provides oil rigs, drilling services, and support services to companies all over the globe, although it has recently started to make cutbacks due to the decline in oil prices.
Meet the CEO
The former COO and now Chief Executive Officer of Nabors Industries is Anthony Petrello. Anthony Petrello has consistently been a key figure within the company, also serving as its Chairman of the Board. In October 2011, Petrello replaced former CEO Eugene Isenberg in order to re-stabilize the company. As CEO Anthony Petrello resides over the 26,000 employees who make up the company. Petrello’s goal has been to provide a strategy to adapt the company to a new constantly changing market.
Before His Years at Nabors
Anthony Petrello’s education was one that set the stage for his further success. Having attended Harvard Law, he acquired a J.D. while also obtaining a M.S. and B.S. degree from his time spent at Yale University. Before climbing the ranks at Nabors, Petrello owned a law firm that specialized in international arbitration and corporate law. His time with Baker and McKenzie would allow him to gain the skills needed to guide and eventually become CEO at Nabors Industries.
Philanthropy Done Right
Anthony Petrello has always been highly active as a philanthropist. He has consistently supported the Texas Children’s Hospital where he also serves as a board member on the board of trustees. Petrello’s support stems from his own daughter’s battle with cerebral palsy. His balance of his work career at Nabors Industries and his work as a philanthropist has led him to find ways to earn more money for special causes through the directive of his normal work.
As the face of Nabors industries, Anthony Petrello continues to push the company to adapt to changing prices of oil within the market. His efforts have been directed towards bettering Nabors Industries while also working to support finding treatment and cures for neurological disorders.