Tony Petrello is a philanthropist and a business executive in the United States. He leads a company known as Nabors Industries. This is one of the best oil and natural gas drilling companies in the world currently. The company boasts of having the best technology when it comes to drilling operations. Numerous companies all over the world, therefore, hire its services.
Currently, the company has ongoing operations in 25 locations in different parts of the globe. Nabors Industries have also been entering into agreements with top oil and natural gas drilling companies with the aim of expanding its business to as many parts of the globe a possible. They recently entered into an agreement with the biggest oil firm in the world known as Saudi Aramco. Nabors Industries will supply them with the best drilling technology.
Tony Petrello is the CEO of the company now after his appointment in 2011. He is responsible for the growth witnessed in this firm for the last few years. Since he joined the firm, he has implemented numerous measures which have expanded business operations. He came up with the idea of acquisitions which saw the company acquire some rival companies to hasten its development. As a CEO he has also had a major accomplishment of running the company post the 2008 global financial crisis. While many companies were closing down due to losses, Nabors Industries was riding all the way up, making the profits than ever before. In 2015, Tony Petrello was ranked one of the top-paid CEOs in the country due to the high gains made by the company.
Anthony Petrello made other huge other achievements in other industries apart from the oil industry. When he is not working in the drilling industry, he is searching for opportunities to give back to the community. He is best known for engaging in philanthropy. He currently runs a number of charitable causes. The most popular is the neurological cause. This is an initiative that supports a neurological research center found at the Texas Children’s Hospital known as Jan and Dan Duncan Neurological Research Center.
Tony together with his wife has given over $7 million which have gone to the creation of a research center which takes care of the needs of the community. Tony Petrello is ready to make a huge impact in the lives of children living with neurological disorders if the research work goes through.
Find more about Anthony Petrello: https://discoverorg.com/directory/person/anthony-petrello/5059691