Today business executives are rarely viewed in a positive light by members of the public, especially those at big corporations. They are seen by many as money hungry individuals only at the helm of their organizations for self-serving interests, and with little regard for the needs of the society. That, however, cannot be said of Anthony Petrello, the current President, Executive Chairman and CEO of Nabor Industries. In addition to guiding the company through an era of sustained growth, he has also significantly given back to the society by funding Periventricular Leukomalacia research program.
Mr. Petrello decided to fund the program after his daughter, Carena, was born with the condition. With no cure available, he found the existing management therapies available to be wanting and instead decided to fund the discovery of better therapies. He committed an initial $5 million dollars to the program which is today hosted by the Texas Children Hospital. Should this program find more sustainable treatment therapies, it will change the lives of thousands of children across the world, not just Carena.
Away from philanthropy Anthony Petrello is the model company leader. He possesses great technical skill having graduated with Bachelor and Master of Science degrees from the highly acclaimed Yale University. Additionally, he also holds a Juris Doctor degree, awarded by the Harvard School of Law. Add to that close to three decades of industry experience and unmatched business acumen, and you have arguably the most competent leaders in the drilling contracting industry.
In his time at the head of Nabor Industries, Anthony Petrello has guided the company to become the largest drilling contractor in the world with undertakings in more than 25 countries across the globe. Returns to shareholders have reached an all-time high under his leadership, with the share price rising an estimated 180 percent in recent times. With his continued service as CEO, there is little doubt Nabor Industries will continue out-performing the competition.
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