Tony Petrello is the CEO of Nabors Industries. He was appointed the CEO in 2011 after serving for two decades as the COO. Nabors Industries is the largest land-based oil and natural gas drilling company in the world. It was founded in 1968 as a natural gas, geothermal and oil drilling equipment contractor. The company started as a small company, but over the years they have developed to be world leaders in the industry. The company has been in operations for the past five decades but only the last two decades have recorded the best results. The difference in these two decades was brought by Tony Petrello who started working for the company in 1991.
Nabors Industries has seen massive expansion of business in the past three decades. Currently, it is operating in 25 countries and has supplied its drilling rigs to many other countries. Nabors Industries has the best drilling technology that is even used by other competitors.
Before Tony Petrello started working for Nabors Industries, the company was part of his clients while he was a lawyer in New York. Tony was working with Baker & McKenzie law firm. His services to the drilling company left a lasting impression in the company that they decided to offer him an executive position as the Chief Operating Officer. His understanding of business operations and finances was so good that they saw him as the best person to lead growth in the company. Two decades later, he was appointed the CEO, after helping the company record great results for the last two decades.
Tony Petrello is a naturally talented problem-solver who does not believe in any insurmountable challenge. This has been one of the main reasons he has been successful. He does not believe in giving up no matter the challenge he has to face. Although he was not experienced as a business expert, he still managed to prove that he could lead the company as COO. He managed to do what others fear to do because they have no experience in business or just because they do not hold any academic papers in a business related course.