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 percentage | 16.9% |
CEO tenure | 33.8yrs |
CEO ownership | 5.7% |
Management average tenure | 7.7yrs |
Board average tenure | 12.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$169m |
Jun 30 2024 | n/a | n/a | -US$169m |
Mar 31 2024 | n/a | n/a | -US$132m |
Dec 31 2023 | US$10m | US$2m | -US$50m |
Sep 30 2023 | n/a | n/a | -US$97m |
Jun 30 2023 | n/a | n/a | -US$56m |
Mar 31 2023 | n/a | n/a | -US$133m |
Dec 31 2022 | US$11m | US$2m | -US$361m |
Sep 30 2022 | n/a | n/a | -US$405m |
Jun 30 2022 | n/a | n/a | -US$513m |
Mar 31 2022 | n/a | n/a | -US$626m |
Dec 31 2021 | US$10m | US$2m | -US$582m |
Sep 30 2021 | n/a | n/a | -US$583m |
Jun 30 2021 | n/a | n/a | -US$623m |
Mar 31 2021 | n/a | n/a | -US$581m |
Dec 31 2020 | US$18m | US$1m | -US$838m |
Sep 30 2020 | n/a | n/a | -US$994m |
Jun 30 2020 | n/a | n/a | -US$957m |
Mar 31 2020 | n/a | n/a | -US$1b |
Dec 31 2019 | US$14m | US$2m | -US$741m |
Sep 30 2019 | n/a | n/a | -US$661m |
Jun 30 2019 | n/a | n/a | -US$640m |
Mar 31 2019 | n/a | n/a | -US$635m |
Dec 31 2018 | US$15m | US$2m | -US$652m |
Sep 30 2018 | n/a | n/a | -US$572m |
Jun 30 2018 | n/a | n/a | -US$583m |
Mar 31 2018 | n/a | n/a | -US$489m |
Dec 31 2017 | US$14m | US$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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 33.8yrs | US$10.33m | 5.75% $ 42.4m | |
Chief Financial Officer | 10.7yrs | US$4.39m | 1.61% $ 11.9m | |
Corporate Secretary | 17.2yrs | US$946.24k | 0.11% $ 817.2k | |
VP & Chief Accounting Officer | no data | US$1.03m | no data | |
Senior VP & Chief Administration Officer | 4.3yrs | no data | no data | |
Senior VP | less than a year | no data | no data | |
President of Energy Transition & Industrial Automation | 8.9yrs | no data | no data | |
Senior Vice President of Global Drilling Operations | 2.8yrs | no data | no data | |
Senior Vice President of Canrig & Nabors Drilling Solutions | 6.5yrs | no data | no data | |
Senior Vice President of Finance Operations | no data | no data | no data | |
Interim Chief Executive Officer | no data | no data | no data | |
Vice President of Corporate Development & Investor Relations | no data | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 33.8yrs | US$10.33m | 5.75% $ 42.4m | |
Independent Director | 12.8yrs | US$380.00k | 0.15% $ 1.1m | |
Independent Director | 5.8yrs | US$550.00k | 0.12% $ 876.2k | |
Independent Director | 12.8yrs | US$534.00k | 0.13% $ 947.7k | |
Independent Lead Director | 14.8yrs | US$430.00k | 0.22% $ 1.6m | |
Independent Director | 7.4yrs | US$549.00k | 0.14% $ 1.0m | |
Independent Director | 11.3yrs | US$420.00k | 0.16% $ 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).