Anthony Petrello is Guiding Nabor Industries to New Heights Despite the Low Odds

Serving at the helm of any company is not easy. There are, however, certain industries that present complex challenges to company leaders. One of them is the oil and gas sector. Being the most traded commodities on earth and only being found in certain countries translates to this being one of the most volatile sectors there is. The oil and gas sector casts a wide net as all other support industries suffer significantly whenever the sector experiences a lull. For example, when geopolitical conflicts halt oil and gas exploration and drilling in prospective locations, drilling contracting companies are significantly affected. Despite these harsh market conditions, however, one man has not only guided his company to survive, but also to grow. That man is Anthony Petrello.

Anthony Petrello is the Chairman, President and Chief Executive Officer of Nabor industries, one of the world’s biggest drilling contractors. He has been with the company since 1991, where he first held the title of Chief Operating Officer. Eleven years later he was named the deputy chairman of the board, before being named chairman in 2011. He was finally confirmed as the chairman of the board in 2012. During his time as CEO, he has positioned the company to reap greatly over the course of the fracking boom that has been hitting certain regions on the globe.

Away from work, Mr. Petrello is quite the humble man. As proof of his easygoing nature, those close to him fondly refer to him as ‘Tony.’ He has also engaged in a number of charitable undertakings with his wife, Cynthia Petrello. Their most significant philanthropic act to date is supporting the establishment periventricular leukomalacia research program at the Jan and Dan Neurological Research Institute found at Texas Children Hospital. Their commitment at the commencement of the program alone was $7 million. Petrello’s work through this program will help thousands of children in need around the world. For more info about us: https://en.wikipedia.org/wiki/Nabors_Industries click here.

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