Nabors Industries Limited is controlled by Anthony Petrello. He is the President and CEO of this multi-billion dollar company that specializes in oil and gas drilling and exploration. He has been with the company since 1991. Under his leadership, the company has risen to incredible heights of profitability. Nabors was not doing very well in 1991 when Anthony resigned from his job at a New York City law firm to take the position of President of the company. Nabors was founded in 1968. It had very steady growth throughout the 1970s. However, the company fell on hard times in the 1980s. They languished for about a decade until Anthony Petrollo took the helm.
Anthony eventually was promoted to CEO. This is when his leadership abilities were allowed to shine. He made decisions that reduced expenditures in the company’s oil drilling division. This helped raise the level of profitability by almost 30 percent in one year. It was decisions like this that made Anthony one of the country’s most respected CEOs. The stock of Nabors continued to rise with each passing year thanks in large part to the leadership of Anthony and the team of people he assembled.
Petrello majored in math at Yale. He earned both a B.S. and an M.S. in this subject. He then went to Harvard where he earned a law degree. This superb academic institutions taught Anthony a great deal about leadership. He has put the skills he learned in college to great use throughout his entire career.
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