Although conservationists consider fossil fuel as a nonrenewable resource, it remains a lucrative industry. In fact, numerous countries remain reliant on fossil fuels to sustain their economy. In addition, fossil fuels serve numerous purposes. For starters, they provide fuel for vehicles such as cars. Moreover, people use them in their homes for cooking. In addition, numerous fossil fuel companies exist in the world. However, few of them possess the ability to capitalize off of the industry the way that Nabors Industries has. In fact, it remains listed on the S&P 500. However, no company would have the ability to achieve such success without a great leader.
With that being said, a substantial amount of the company’s success remains attributed to Anthony Petrello. For those unaware, Anthony Petrello became the Nabors Board of Directors and the Executive Committee of the Board in 1991. Moreover, he served as the president from 1991 to October 2011. During the same time, he also served as the Chief Operating Officer. In addition, Anthony Petrello has held numerous high-ranking positions. With such a rich work history, Anthony Petrello remains an asset to the company. In addition, Anthony Petrello’s understanding of the industry remains uncontested.
Aside from his operating functions, Petrello created several strategic planning initiatives. As a result, it allowed his company to become successful in such a competitive industry. Previously, Anthony Petrello worked for the Baker & McKenzie law firm. Moreover, he worked for the company for almost two decades. Furthermore, he specialized in international arbitration, corporate law, taxation, and so forth. From 1986 until 1991, Anthony Petrello served as the Managing Partner for the firm’s office in New York. Also, Anthony Petrello hails from an educational background. Aside from receiving a J.D. degree from Harvard Law School, he received additional degrees at Yale University.