The Successful Journey of Anthony Petrello

Tony Petrello is the president, chairman of the executive committee and the Chief Executive Officer at Nabors Industries Ltd. that is based in Hamilton, Bermuda. The company is known as the most abundant natural gas and geothermal drilling contractor in the world. It has operations across, the Middle East, the Far East, Africa and the United States. The growth and the development of Nabors industries have been as a result of the significant efforts made by Tony Petrello. Before joining Nabors industries, Petrello had a very humble beginning in Newark, New Jersey. The area is known for its strong culture of work ethics and honor. In Newark area, everyone works extremely hard to ensure that all the needs are taken care of, and they strongly reject lying but praise honesty. This upbringing instilled Anthony with great values of honor and integrity which he holds to date.

From an early age, Tony Petrello understood that there are no shortcuts to success and from there he had a passion for books. He has a degree from both Harvard and Yale universities. At Harvard law school, he acquired a J.D. degree while he got a BS and an MS degree in mathematics from Yale University. After school, Tony Petrello began his professional career path in the year 1979 when he joined the Baker & McKenzie law firm. There he held the managing partner position from the year 1986 for five good years. In the year of ’91, Petrello joined Nabors industry as its chief operating officer. In the year that followed, he becomes the company’s president. From 2003 to 2012, Petrello becomes the deputy chairman of Nabors industries. In 2011, he was named the company’s chief executive officer. 2012 also saw him become the chairman of the board at the company.

Anthony Petrello’s total compensation as of FY 2015 amounts to $27,512,939. In it, $1,580,077 he receives as salary, $7,727,000 is bonus, a stock of $16, 863,656 and the remaining $1,342,206 as other compensations. He also serves as a director of Stewart & Stevenson LLC and that of Hilcorp Energy Company. Also, he is also a board member of Trustees of Texas Children’s Hospital.

Tony Petrello info: www.crunchbase.com/person/anthony-petrello#/entity

On April 16, 2017, PodcastOne CEO Norman Pattiz and the Edison Research Strategy VP Tom Webster released the results ofa research by Edison Researchers. The research involved carrying out advertising tests with five prominent American brands in five different product and service classes. The studywas conducted in the last half of 2016.

 

Important Findings of the Research

 

The number of Podcast listeners who associate to a given grocery brand increased from 7% before the Ad runs to over 60% after the Ad. The responsiveness of the financial service products, car after-market goods and grass and garden product increased by 47%, 37%, and 24% respectively after theadvertisement. Besides, more post-research results showed that there was an increase of people who view car aftermarket positively from 18% toover a third. Those “almost convinced” to use garden and lawn products increased from 16% to 22% after the research. There was also an improvement in the response rate to a given car promotion by 60% and by 76% ina casual restaurant.

 

The researchers carried out three types of studies for PodcastOne to establish the impact of the company’s marketing program on five national brands. Not all brandswere well established. The surveywas first conducted before the start of the advertisement campaign and a then repeated after 4-6 weeks of advertisement. The results showed that the promotions had positive impacts on the willingness to buy these products.

 

About PodcastOne

 

PodcastOne is a podcast network that is chiefly supported by advertisements. The company was founded by Norman Pattiz who currently serves as the company’s the CEO. The company runs over 300 hours of original programs weekly in about 200 well-known trendy podcasts.

 

About Norman Pattiz

 

Norman J. Pattiz is the founder of PodcastOne and has served as the company’s Executive Chairman since 2016. Previously, he served as a consultant at Westwood One Inc., a company he founded in 1974. He was the company’s CEO until 1994. He was also the President of Broadcast Education Association. Besides, he was also and Chairman and Member of Board of Governors at Los Alamos National Security. Learn more: https://podcastone.com/About-Us

 

 

Pattiz has also served other important positions. In November 2000, President Clinton appointed him to serve on the Broadcasting Board of Governors (BBG) and was later reappointed by President Bush until 2006. He actively participated in the creation of BBG’s Radio Sawa. Since 2001, he has been working as Regent of the University of California. Pattiz was also at the University of California as a Member of the Governing Board. He has also received various recognitions such as the Distinguished Education Service Award among others. Learn more: https://www.discogs.com/artist/3710509-Norman-Pattiz