Anthony Petrello is popularly known as the chief executive officer, president and chairperson of the board of Nabors Industries Ltd. Nabors prides itself as one of the largest global natural gas, oil and geothermal drilling company or contractor working on land in all of Middle East, the Americas, Africa and the Far East. Additionally, the company enjoys a reputation for providing rigs meant for offshore oil operations and onshore well-servicing, specifically in the USA.
Work and Education Background
Before becoming part of Nabors, Anthony Petrello practiced law at the Baker & McKenzie law firm. At the firm, his work was mainly focused on various legal fields such as taxation, international arbitration and general corporate law. Academic-wise, Petrello is an accomplished alumnus of Harvard Law School where he earned his JD degree. He also has a B.S and an MS in mathematics from the prestigious Yale University.
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Total Compensation as of 2015
Being the chairperson of the board, CEO and president of Nabors industries, Petrello takes home a handsome compensation package. In fact, the proxy statement filed for Nabors’ 2015 fiscal year place the total package at $27,512,939. About $1,580,077 of the total package was the salary, $7,727,000 was the total bonus, $16,863,656 was the stock and $1,342,206 represented other types of compensation.
Apart from being the chairperson of the board of Nabors, Anthony Petrello is a member of various boards such as the Texas Children’s Hospital. He is also an acclaimed advocate for clinical and research programs that are aimed at catering to the needs of children suffering from neurological disorders.