Anthony G. Petrello is the CEO of Nabors Industries, where he has served since 2011. His leadership has seen him through various challenges, including the fluctuating oil and gas markets. Notably, his compensation has dramatically varied over the years, with...
Anthony G. Petrello is the CEO of Nabors Industries, where he has served since 2011. His leadership has seen him through various challenges, including the fluctuating oil and gas markets. Notably, his compensation has dramatically varied over the years, with 2023 bringing him over $10 million, including a substantial bonus tied to the company’s performance. In 2022, he earned $0 amidst operational challenges, reflecting the volatility in the industry. His insider trading activity shows significant investments, with peak holdings reaching over $95 million in January 2023 alone, indicating confidence in his company’s future. He previously worked with Nabors Energy Transition Corp. II as well. Petrello influenced key initiatives to align executive pay with company performance, ensuring a focus on long-term shareholder value. His strategic approach has helped Nabors navigate through tough times and emerge stronger. Though details about his education and early career remain scarce, his impact in the drilling industry is well recognized and continues to shape the company’s direction.