Nabors Industries is one of the leading companies in oil, natural gas and geothermal drilling in the world. It also operates the largest land-based drilling rig on Salary.com. The firm is a holding company of Nabors Exchangeco Inc. It has provided a source of livelihood to many that rely on its operations. Nabors Industries is run by a CEO; who is the chief operating officer, and also the chairman of the board; Antony Petrello.
About Antony Petrello
Educated in the Yale and Harvard universities, Antony Petrello holds a J.D. Degree from Harvard and a B.S and M.S mathematics degrees from the Yale University on Bloomberg. This knowledge enables him to understand the field better and has hence contributed to the great success of the company; given that he is top in management.
He also serves as a director of Texas children’s hospital, Inc. and served as director of MediaOnDemand.com. Being the CEO, of one of the largest oil drilling contractor in the world; Antony Petrello receives quite a fair compensation for his work alongside earning from stock options, and other bonus the firm offers.
In the fiscal year 2015; Anthony Petrello earned a salary of $1,580,077 and a bonus of $6,125,000, making a total annual compensation of $7,705,077. The total number of options available to him totaled to $2,450,153. His total calculated compensation for the year; inclusive of short-term compensation, long-term compensation, and cash compensation all totaled to $27,663,602.
Petrello and Texas Children’s Hospital
Antony, also known as Tony, is a loving husband and father. Every morning, his wife Cynthia and him experience a miracle of watching their daughter have breakfast and even try other things that kids do. For many, it may not be a miracle but to Tony’s family; who have walked the path with their daughter, appreciate every little step she takes. Carena, (his daughter’s name) was born early; 24 weeks to be precise.
However, she was later diagnosed with periventricular leukomalacia (PVL). It’s a common neurological disease among premature infants. It’s mainly caused by lack of sufficient blood flow or oxygen to the brain. This led to Carena developing cerebral palsy among other developmental delay issues. As any other parent could do, Antony and his wife searched worldwide for cures and anything that would make their daughter well. Any hope being welcome, and putting as much effort as they could to the research and possibility of cures. Reference: http://www.nri.texaschildrens.org/give_gift/leaders_giving/cynthia_tony_petrello.aspx
They found a solution in the Texas Children’s Hospital. Tony and his wife work tirelessly with the hospital to ensure a brighter future for their daughter, and others like her within the hospital. They wait in much hope and conviction that tomorrow will be better and the lives of the young ones will be great at the end of it all.
Despite the challenge and the long wait, Petrello still manages to stand tall, make a great leader and a strong and dedicated father and husband.