Anthony Petrello, CEO of Nabors Industries Ltd.

Mr. Anthony G. Petrello is the Chief Executive Officer of Nabors Industries Ltd. Nabors Industries was founded in 1968 and are based in Hamilton, Bermuda. Nabors is a geothermal drilling contractor that drills in the Middle East, far East, North and South America as well as Africa. They also provide support services to onshore and offshore oil drilling. Anthony Petrello graded with a Juris Doctor from Harvard Law School, a Bachelors degree from Yale University and a Masters degree from Yale University.

Tony has been employed with Nabors Exchangeco since 1991. Nabors Exchangeco is a Canada based holidng company of Nabors Industries Ltd. Mr. Petrello has held the title of President to Nabors Industries since 1991 and became the chief exectuive officer in October of 2011. Mr. Petrello has been the Chairman of the Board at Nabors Industries Ltd. since June 2012. Tony was a Deputy Chairman of Nabors Industries Ltd. from 2003 to June 2012. Prior to his employment with Nabors, Anthony Petrello worked for the law firm Baker & McKenzie fro 1979 to 1991. From 1986 to 1991 Tony was a Managing Partner of its New York Office. While working at Baker & McKenzie, Tony focused on general corporate law, taxation and international arbitration.In addition to his extensive professional background, Tony Petrello is a strong voice for the research and clinical programs that support the needs of children with neurological disorders. He is also a member of the Board of Trustees for the Texas Children’s Hospital.

While Tony Petrello is one of the top paid bosses in America, making $68.2 million last year alone, he is not always on top of that list. In 2014 the corporate governance and compensation practices of Nabors was changed. Nabors split the roles of chief executive officer and chairman. This split then limited the executive severance payment to three times an executive’s salary and bonus. By doing this shareholders were then allowed to elect someone who had at least five percent stake in the company to its board of directors. This was implemented to return some of the shareholders money. Original article.

 

Investment Strategizing

Many claim that Warren Buffett is wrong in his current investment bet to propose giving $1 million dollars to charity if proven wrong. What was the bet? It was simply made to see if he procure better investment returns than numerous hedge fund owners that he claims are not playing at the top of their game. This experienced billionaire may be in for more than he bargained for, but only time will tell as all final results are expected to appear by the end of this year. Stay tuned for the outcome and Tim’s lacrosse camp.

 

Many claim that Buffett is not wrong, however, in assuming the following: There exist too many mediocrely savage and overtly expensive funds that shortchange investors. Many support Buffett’s commitments to lower costs and simplify investments that should sell and hold for the longest terms. Mr. Buffett’s approach to bottom-up investing – thoroughly scrutinizing companies to build a better return – has proven itself effective over many decades; no one’s been more effective in delivering the message. Americans need to earn more for retirement as well as to stay invested and more information click here.

Timothy Armour

Timothy D. Armour is a prepared man in all aspects. He is both knowledgeable and experienced, an invaluable resource for any company to have. Many years ago, he obtained his bachelor’s degree from Middlebury College, but he did not stop there.

He has been faithfully serving in finances and investments ever since. Over time, he has made it to the big leagues in multi-level management of stocks and trades. His opinions are now a valued resource for many in these fields; in fact, he just recently shared a few of them regarding the new changes that Donald Trump’s election to the U.S. Presidency will have on the American economy’s markets, effects that he describes as “quite real, all right” and learn more about Timothy.

More visit: https://www.business.com/advice/member/p/timothy-armour/

Get to Know About Chris Burch and His Investments in 3 Minutes

Chris Burch is the president and creator of Burch Creative Capital. He was a vibrant investor and entrepreneur for almost forty years through a series of investments. His record of accomplishments is ace as he contributed to the success of several luxury and technology brands including Voss water, jawbone, and Faena hotel. Chris has been to Guggenheim Capital and The Continuum Group as a board member.

Entrepreneur from the beginning

Chris Burch entrepreneurial traits can be traced back to 1976 when he was an undergraduate at Ithaca College. He collaborated with his brother and with $2,000; they started Eagle’s Eye apparel business that grew to more than 150 million dollars. They later sold it to Swire Group. After the sale, Burch became one of the first investors at Capital Group, a well-known IPO on the internet. Mr. Burch capitalized on his ability to find the connection between implementation and innovation and continued to realize great success based on his intuitive understanding of client behavior and vast experience in utilizing direct consumer channels and excellent sourcing infrastructure.

Chris Burch diverse investment portfolio

Chris has invested in several real estate ventures both locally and internationally. Some of the notable ones are the development of luxury homes in Florida, New York, Southampton, and Palm Beach. He also collaborated with Alan Faena and Phillippe Stark, an hotelier, and architects to develop an underutilized land in Argentina into a hotel.

The hotel recap

Chris Burch most recently acquired nihiwatu luxury resort and renovated it. This hotel was voted the best hotel in 2016. The hotel has 27 private villas, including Burch’s private home Raja Mendaka. This particular home has four new villas each with a private plunge pool. This hotel is the real deal. Visiting it should be everyone’s life goal.

In 2011, Chris started accessories, apparel, and home décor retailer called C. Wonder that was later bought by Xcel Brands. He also collaborated with entertainer Ellen DeGeneres when she was launching her lifestyle brand, ED by Ellen DeGeneres in 2014. In the same year, he went ahead to start Cocoon9. They are luxury homes with contemporary design, sophisticated finishes, space saving floors and energy efficient features.

Chris is an avid supporter of other consumer and lifestyle brands ranging from organic foods, retail, home furnishings, to technology industries. He is also a known philanthropist who donated to finance several philanthropic foundations such as the Simba Foundation and The Child Welfare League of China.