Nabors Industries, a company based in Hamilton Bermuda, is the leading natural gas and geothermal drilling contractor in the entire world. It has extensive operations in the Middle East, Africa, the United States, and the Far East. The Chairman of the Board and Executive Committee, President, and CEO of this huge organization is Anthony Petrello. He went to both Yale and Harvard Universities, and he had significantly contributed to the development and expansion of Nabors Industries since 1968 when it was known as Anglo Energy Ltd.
Anthony achieved MS and BS degrees in Mathematics from Yale University and got a J.D. degree from Harvard Law School. His career started in 1979 when he worked with a law firm called Baker & McKenzie as a Managing Partner in New York between 1986 and 1991. In the same year, 1991, he moved to Nabors Industries where he held the position of the Chief Operating Officer. Shortly afterward, he became the company’s President, and then in 2003 he also had the role of the Deputy Chairman. From 2012 to date, he has been the Chairman of the Board of the company and more information click here.
The total compensation he got for the FY 2015 was $27,512,939, but what he received out of this sum as the salary was $1,580,077. Another $7,727,000 was paid to him as a bonus, and for stock, he got $16,863,565. He was also entitled to various types of compensations which added to $1,342,206. Anthony and his wife work with Texas Children’s Hospital to which they generously donate money. They are particular about the research work being done at Jan and Dan Duncan Neurological Research Institute because of their daughter who has cerebral palsy and what Anthony knows.