Tony Petrello doesn’t routinely get named to any of the top lists of highest paid CEOs or wealthiest Americans, but he’s a face you should know. His commitment to business and the environment, as well as his moving personal story, are a true embodiment of the American dream. He is the CEO of Nabors Industries, a business that serves the oil drilling industry with one of the largest fleets of land and off-shore drilling rigs. Since 1991, he has served Nabors Industries in several capacities, including President and Chief Operating Officer, and Deputy Chairman.
This long-standing affiliation means that he is uniquely qualified to lead the company to new horizons, expanding the Nabors fleet while continuing to meet local ethical and environmental standards, and improving the quality of life for its employees. Nabors currently operates about 500 rigs in 25 different countries, including specialty rigs.
Tony Petrello comes from humble origins; he grew up in working-class Newark, New Jersey, but demonstrated a unique talent for math at an early age. In college at Yale, he attracted the mentorship of Professor Serge Lang, a mathematician who was known for his work in number theory. Tony also got his master’s at Yale before going on to Harvard Law School; he also married his college girlfriend, the soap opera actress Cynthia Carrafa.
The Petrellos have demonstrated an outstanding commitment to philanthropy; they have donated a total of $7 million to the neurological research institute at Texas Children’s Hospital – a movement inspired by their own confusion and pain after their daughter Carena developed cerebral palsy. Tony Petrello currently serves as a director at Texas Children’s Hospital.
Nabors Industries is a true “neighbor” to the growing global demand for oil, and few people are better-suited to lead it than Tony Petrello. Petrello has said that to get where he is now, he has merely been blessed with good luck.
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Timothy D. Armour is one of the oldest and most valuable employees at Capital Group. He has worked with the company for thirty three years, seen people get elected and move on but has been consistent with the company contributing his skills and knowledge with his colleagues. He is now the current chief executive officer and also serves as the chairman. Timothy Armour has a vast experience in investments and guides the company and the clients to reasonable solutions. He shares the company’s mission which is to provide excellent service to their investors and financial institutions.
Following the death of Jim Rothenberg, the former chairman and chief executive officer at Capital Group, Timothy Armour was elected to replace by the board. The plan had already been set in motion even before the former chair passed on. Tim is respected by his staff and clients as he offers great counsel to them. Janet Yang, is personally happy with the choice of Tim as the company’s leader and commends his ability to identify the needs of his clients and to work passionately towards solving their problems and dilemmas.
Timothy Armour advises his clients to managers who are physically and intellectually available for their firms. These managers should be there with the company and work with their subordinates closely to make sure that they understand what is going on. He also urges investors to be careful as they invest due to the stagnating economy of the country and across the globe. He has a strong conviction that the federal reserves will increase the interest rates to enable the economy survive these challenges.
More recently, Timothy Armour led Capital Group into one of the successful accomplishments. He worked alongside his colleagues to enter the company into a strategic partnership with Samsung Asset Management. The two companies are convinced of working together and both benefiting from the partnership. Samsung Management is determined to learn Capital’s management strategies while Capital hopes it will learn Samsung’s marketing strategies. Both the CEO’s are confident in learning from one another which will also expand their market in Korea and the United States.
Timothy Armour has created a name for himself in the investment industry. With more than thirty two years at Capital Group, he knows the company inside out and is thus best suited at his job. His commitment to his company and his devotion to his clients make him an excellent leader and business man.
Learn More About Timothy Armour of Capital Group here.