Tony Petrello is a brilliant CEO of Nabors Industries, a top oil and gas drilling firm with headquarters in Texas. Nabors Industry is the company we are talking about. The firm was set up in the 1960s but only became prominent after Petrello started working for it in the 1990s. He first joined the firm as the COO but later was appointed the CEO in 2011 following a good track record of results for the two decades he was the head of operations. Tony proved that he was able to make the company grow by facilitating development which has never been seen before in the firm. Since he came to the company, it has been a series of good results.
Tony Petrello has been in the industry long enough to know what the industry needs. As the CEO of Nabors, he has been behind a series of business partnerships and acquisitions which have been made by this firm. The company has been trying to push its business to as many parts of the world as possible. Petrello has been signing deals with the biggest oil firms in the world to supply them with drilling technology. One of the latest dealings involved Saudi Aramco which is one of the greatest firms in the oil business. With a net worth of over $10 trillion, this is a worthy partner who Nabors Industries is now working with. The company is hoping to leverage on these business deals by making its technology the number one technology in the world.
Nabors Industries under the management of Tony Petrello has never been the same as it was in the past. He has accomplished so much for the industry that he has been ranked as one of the top-paid CEOs in the United States. The listing is a direct reflection of the success he has had with Nabors Industries. It is clear that his brilliance in business management is not just recognized at Nabors Industries but in the whole economy.
Tony Petrello excellence in business has something to do with his brilliance. The fact that he can solve problems with ease has assisted the company in coming up with brilliant decisions. Post-2008 economic crisis, Tony has steered the company in such a way that when others were making losses, Nabors industries was on its way up. At no point did the firm register losses despite the challenges encountered. Tony’s term in office continues to boost proceeds for the firm-year in, year out.
Tony Petrello info: www.crunchbase.com/person/anthony-petrello#/entity