Nabors Industries Exceptional Choice for Tony Petrello Was Pivotal Time for Company

As CEO of Nabors Industries, Tony Petrello is widely-respected for his leadership and pivoting the company towards high growth and innovation within the oil and gas drilling industry.

Tony previously worked for the law firm Baker and McKenzie from 1979 until his resignation in 1991, when he was chosen to become the Chief Operating Officer for Nabors Industries. He earned a JD from Harvard Law School as well as a Bachelor’s of Science Degree and Master’s Degree from Yale University.

As COO, Tony’s leadership was instrumental in contributing to the company’s direction for reducing financial obligations associated with operating costs which helped to pivot an increase in the company’s stock prices. During Tony’s tenure as COO, there were significant positive trends within the company’s overall stock market price, rising as high as 50 percent.

Tony serves on the Board of Trustees for the Texas Children’s Hospital as the current Director. When Tony’s daughter Carena was born premature, weighing just 20 ounces at birth, she was diagnosed with the neurological disease periventricular leukomalacia. Since that time, Tony and his wife Cynthia have devoted a large part of their lives as well as their financial resources to help children find vital treatment and supporting their families. They played a huge part in helping with the development of the new Neurological Center for Texas Children’s Hospital with generous donations of over $7 million. The hospital performs over 950 operations each year for neurological disorders and it is the largest children’s hospital in the country.

Tony Petrello’s role as CEO has been a dominant force for Nabors Industries to take well-orchestrated risks with smart technological advances. Through his leadership, the company has produced excellent profit margins and maintained three consecutive years of gross profit of over $5 billion.

Nabors Industries has over 29,000 employees and was founded in 1968.

About Tony Petrello Social Media:

Leave a Reply