Immense growth of Nabors Industries under CEO Tony Petrello

Tony Petrello is a top CEO in the United States. He is one of the top business executives in the country who was listed as part of the highest earners in the country. The name of Tony Petrello on this list comes from the fact that he has made a difference in the management of the company which he is currently leading. Nabors Industries is an oil and gas drilling company which engages in off-shore and on-shore drilling works. It has set out a good name in the industry as a leading services provider in the lucrative industry. The fact that Tony Petrello has been ranked as one of the highest earners in the country has been as a result of the success that has been recorded by Nabors Industries.

Tony Petrello has contributed immensely to the growth of the company. Since he joined in 1991, he has held executives positions in the company, and the growth of that has taken place in recent years has everything to do with his input. Before he joined the industry, it looked as if the company was destined for failure but after his entry, it has never been the same company. Since 1991, the company has been improving over the years. In 2011, he was appointed CEO hence even taking a better position to steer the company in the right direction.

Apart from the contribution he has made through the development of Nabors Industries, there is another area where he has also done very well. In contributing to charitable causes, he is taking the number on position. He has supported a number of needy causes in recent years. The most prominent one being the contribution of $5 million to the development of Jan and Dan Duncan Neurological Center in Texas. The facility is being developed at Texas Children’s Hospital and shall be used to research on the cause and treatment of neurological disorders in children. The facility will offer world-class health services and will hopefully alleviate the suffering of so many children who have been suffering from neurological disorders. He has also pledged to add $2 million to this cause.

About Tony Petrello: www.crunchbase.com/person/anthony-petrello#/entity

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