Nabors Industries Management

Management criteria checks 3/4

Nabors Industries' CEO is Tony Petrello, appointed in Jan 1991, has a tenure of 33.83 years. total yearly compensation is $10.33M, comprised of 16.9% salary and 83.1% bonuses, including company stock and options. directly owns 5.75% of the company’s shares, worth $42.44M. The average tenure of the management team and the board of directors is 7.7 years and 12.8 years respectively.

Key information

Tony Petrello

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage16.9%
CEO tenure33.8yrs
CEO ownership5.7%
Management average tenure7.7yrs
Board average tenure12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Petrello's remuneration changed compared to Nabors Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$169m

Jun 30 2024n/an/a

-US$169m

Mar 31 2024n/an/a

-US$132m

Dec 31 2023US$10mUS$2m

-US$50m

Sep 30 2023n/an/a

-US$97m

Jun 30 2023n/an/a

-US$56m

Mar 31 2023n/an/a

-US$133m

Dec 31 2022US$11mUS$2m

-US$361m

Sep 30 2022n/an/a

-US$405m

Jun 30 2022n/an/a

-US$513m

Mar 31 2022n/an/a

-US$626m

Dec 31 2021US$10mUS$2m

-US$582m

Sep 30 2021n/an/a

-US$583m

Jun 30 2021n/an/a

-US$623m

Mar 31 2021n/an/a

-US$581m

Dec 31 2020US$18mUS$1m

-US$838m

Sep 30 2020n/an/a

-US$994m

Jun 30 2020n/an/a

-US$957m

Mar 31 2020n/an/a

-US$1b

Dec 31 2019US$14mUS$2m

-US$741m

Sep 30 2019n/an/a

-US$661m

Jun 30 2019n/an/a

-US$640m

Mar 31 2019n/an/a

-US$635m

Dec 31 2018US$15mUS$2m

-US$652m

Sep 30 2018n/an/a

-US$572m

Jun 30 2018n/an/a

-US$583m

Mar 31 2018n/an/a

-US$489m

Dec 31 2017US$14mUS$2m

-US$490m

Compensation vs Market: Tony's total compensation ($USD10.33M) is above average for companies of similar size in the UK market ($USD1.46M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


CEO

Tony Petrello (69 yo)

33.8yrs

Tenure

US$10,334,034

Compensation

Mr. Anthony G. Petrello, also known as Tony, serves as a President, Chief Executive Officer, Secretary and Director at Nabors Energy Transition Corp. since March 2021. He also serves as the Chairman at Nab...


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Petrello
Chairman33.8yrsUS$10.33m5.75%
$ 42.4m
William Restrepo
Chief Financial Officer10.7yrsUS$4.39m1.61%
$ 11.9m
Mark Andrews
Corporate Secretary17.2yrsUS$946.24k0.11%
$ 817.2k
R. Wood
VP & Chief Accounting Officerno dataUS$1.03mno data
Jade Strong
Senior VP & Chief Administration Officer4.3yrsno datano data
Michael Csizmadia
Senior VPless than a yearno datano data
Siegfried Meissner
President of Energy Transition & Industrial Automation8.9yrsno datano data
Travis Purvis
Senior Vice President of Global Drilling Operations2.8yrsno datano data
Subodh Saxena
Senior Vice President of Canrig & Nabors Drilling Solutions6.5yrsno datano data
Miguel Rodriguez
Senior Vice President of Finance Operationsno datano datano data
Miguel Sanchez
Interim Chief Executive Officerno datano datano data
William Conroy
Vice President of Corporate Development & Investor Relationsno datano datano data

7.7yrs

Average Tenure

65yo

Average Age

Experienced Management: 0A6M's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Petrello
Chairman33.8yrsUS$10.33m5.75%
$ 42.4m
James Crane
Independent Director12.8yrsUS$380.00k0.15%
$ 1.1m
Anthony Chase
Independent Director5.8yrsUS$550.00k0.12%
$ 876.2k
Michael Linn
Independent Director12.8yrsUS$534.00k0.13%
$ 947.7k
John Yearwood
Independent Lead Director14.8yrsUS$430.00k0.22%
$ 1.6m
Tanya Beder
Independent Director7.4yrsUS$549.00k0.14%
$ 1.0m
John Kotts
Independent Director11.3yrsUS$420.00k0.16%
$ 1.2m

12.8yrs

Average Tenure

69yo

Average Age

Experienced Board: 0A6M's board of directors are seasoned and experienced ( 12.8 years average tenure).