When anyone wishes to become a leader, one prime example, stands out in the mind of the budding executive: that is Anthony Petrello. Petrello likes to go by his nickname of Tony. His humble and unassuming personality is, yet, another strong character trait.
Anyone who knows Mr. Petrello, knows fully, that he possesses the type of leadership that brings a company to the forefront of the world. He is currently responsible for leadership as it pertains to Nabors Industries Ltd., a holding company of Nabors Exchangeco (Canada) Incorporated. Tony has led the company since October 28, 2011—in his position of CEO. He has held the post of President of the Company since 1992. He provided leadership as the firm’s Chief Operating Officer, in 1991.
Nabors Industries Ltd., wherein, Tony provides leadership, was incorporated on December 11th of 2001. The company owns as well as operates land based drilling rigs, within the continent of North America. The corporation, additionally, provides offshore platform work-over and drilling rigs, within the U.S. and several global markets. Nabors Industries Ltd., performs drilling and rig services, by way of four different world areas. Segments of the global market include—U.S. Drilling; Canada Drilling, International Drilling and Rig Service.
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Additionally, Nabors Industries Ltd has an impressive inventory of rigs and other equipment, ideal for the service of drilling. The inventory is inclusive of four-hundred and thirty active marketed rigs, for use, with regard to drilling operations that are land based. The rigs are used in the U.S. and Canada, as well as twenty other nations. There are around forty actively marketed rigs, available for offshore drilling operations, within the U.S. as well as various global markets.
Nabors Industries, Ltd., is a provider of drilling technology and drilling equipment and, service performed, at the well location. The services are various. Such services include that of disposal, construction, maintenance, directional drilling, rig instrumentation, well logging, transport needs, the engineering aspect, and data collection, as well as other ancillary services. Nabors Industries, Ltd., additionally, produces and leases or sells rig equipment and Top Drives.
The leadership responsibilities, attached to such an industry giant, is best aligned with a formidable leader–as Mr. Petrello, well-represents.
Anthony Petrello, worked in the capacity of Managing Partner, of the law firm, Baker McKenzie, from 1986 to 1991. Baker McKenzie, was established as Baker & McKenzie in 1949. It is a multi-national firm. It is ranked, as of August 2016, as the 2nd largest global law firm in the world. It employs thirteen-thousand employees, inclusive of six-thousand and forty-five fee earners, and four-thousand lawyers—on a full-time basis. It has seventy-seven offices in forty seven nations. Mr. Petrello worked out of the New York office.
Additionally, Tony Petrello has been Chairman of the Board of Nabors Industries, since June of 2012. He has served in the capacity of the company’s Deputy Chairman from 2003 to June 2012. He has been Director of Stewart & Stevenson, LLC since February 28, 2011 and Nabors Industries, Ltd., since ’91.
Stewart & Stevenson, LLC, wherein, Tony Petrello is a Director, produces oil-field equipment, inclusive of truck, trailer and skid-mounted fracturing blenders and pumpers. It manufactures units for chemical aditives, cementing, nitrogen pumping and more.
Mr. Petrello served as a Director for MediaOnDemand.com.
Anthony serves as a Director for Texas Children’s Hospital, Incorporated. Texas Children’s Hospital is a specialized institution, in that it is focused on Pediatrics. It is located within the Texas Medical Center. The Texas Medical Center is in Houston, Texas.
During his academic training, Anthony Petrello, attained his law degree from Harvard Law School. As nearly everyone is well aware: Harvard Law School, also referred to as ‘Harvard Law’, is one of the professionally based graduate schools of Harvard University. It is located in Cambridge Massachusetts and was established in 1817. It is the oldest run law school, within the U.S. Additionally, it is considered one of the world’s most prestigious schools.
Tony Petrello holds a B.S. Degree and M.S. Degree, in Mathematics, from Yale University. Yale University is known, far-and-wide, as a private Ivy League University. It is located in New Haven Connecticut. Historically, Yale was established in 1701, in Saybrook Colony. Its purpose, at the time, was to train Congregationalist Ministers. It is the 3rd oldest institution, devoted to higher learning, within the U.S.
As far as recent announcements, Tony Petrello, speaking on behalf of Nabors Industries, on 10/25/2016, stated that: Increasing demand is exerting upward pressure with respect to pricing of top end rigs. However, the fleet average margins remain under pressure due to expiry of long term contracts. (Words not verbatim.)
Nabors Industries has seen significant utilization increases in the lower forty-eight states of the U.S. However, spot market pricing continues to remain competitive. The company stated that its working rig count, had rebounded to that of an average of fifty in its third quarter. The preceding statistic is an increase of thirteen percent from that of the second quarter. (Noted–October, 2016)
As is evidenced, by the information presented above, Tony Petrello, possesses atypical leadership skills. He is resourceful, insightful; a visionary, and logically-sound. However, are those all not the qualities of a truly exceptional leader?