Anthony Petrello, the Nabors Highest Paid CEO in 2013

Anthony G. Petrello is currently the Chief Executive Officer and Chairman of the Nabors Industries located in Hamilton, Bermuda. The company is apparently the planet largest geothermal and natural gas drilling contractor. Nabors Industries Ltd operates on land throughout America, Middle East, Far East, and Africa. Nabors provides many support services for both offshore and onshore oil drilling and well-servicing operations. The world’s largest company started as Anglo Energy in 1968.

Anthony G. Petrello began his career in 1979 after joining Baker & McKenzie law firm. He later became the first managing partner in its New York branch. Mr. Petrello acquired J.D. degree from Harvard Law School. Anthony Petrello received B.S. and M.S. degrees in Mathematics from Yale University.

Anthony joined Nabors Industries as Chief Operating Officer in 1991, later became the President of the company. In 2003, he became Deputy Chairman of Nabors Industries. Anthony then became the Chief Executive Officer of the Nabors Industries Ltd to date. Anthony Petrello total mathematically ascertained compensation for FY 2015 is $27,512,939. Out of which, Anthony received $1,580,077 as salary, $7,727,000 as bonus, $16,863,656 as stock and $1,342,206 as different kinds of compensation and learn more about Anthony.

He serves as a member of the board as the director of Stewart & Stevenson and Nabors Industries Company chairman, where he is also the chief executive officer and president. Petrello is also a member of the Board of Texas Children’s Hospital and an advocate for research and clinical programs that address needy children with neurological disorders.

Lloyd Grove, Petrello’s college roommate, viewed Tony as an extrovert, who was smart enough to be Good Will Hunting model. Meanwhile, Tony married Cynthia Carrafa, his college girlfriend. Born early at 24 weeks, Carena diagnosed with periventricular leukomalacia. Tony and Cynthia inspired by diversity became active in the desire to promoting others welfare. They generously donated $7 million to a neurological research center at Texas Children’s Hospital Jan and Dan Duncan Neurological Research Institute and Anthony’s lacrosse camp.

Petrello held the title of the highest paid CEO in 2013. However, in April 2014 Nabors changed its corporate governance and compensation. Due to change in the company’s payment structure, Anthony was not able to top as among the best-paid-bosses list in 2014 and resume him.

More Visit: http://executives.findthecompany.com/l/18290/Anthony-G-Petrello

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