Monthly Archives: February 2017

The Rise To Top Pay Of Energy Executive Tony Petrello

Published / by Alice / Leave a Comment

The oil and gas market is a very fluid and capital-intensive industry. It becomes compelling to make strategic long-term human capital commitments.

Nabors Industries operates one of the biggest oil and gas drilling services from Houston, Texas, specializing in land-based drilling, well servicing and offshore rig management with significant global interests. In other words, if you are big oil, you come to Nabors to get your oil, gas and geothermal wells built and rigs setup.

Nabors prides itself in being able to deliver incomparable automation to drilling, vast experience in directional drilling and efficient rig management solutions. Its core portfolio includes the manufacture of drilling drives, oil well construction, rig installation and moving, rig instrumentation equipment and data services. Nabors Industries is publicly listed and operates an expansive infrastructure in the US, Middle East, Asia and Africa employing over 25,000 people and turning in well over $3 billion in yearly revenue.

Anthony Petrello is serving as the Board Chairman, President, and CEO of Nabors Industries since 2012. With over twenty years executive experience in the oil and gas industry, Tony recently made news as the tenth highest paid executive. For a good reason too. He has risen through the ranks to head the company and continued to steer it to the top of the leaderboard. A top ivy-league performer is starting back in school. Tony is a Harvard Law School law graduate and holds a Mathematics Masters from Yale University.

Previously he enjoyed the position of Deputy Chairman at the firm from 2002 to 2011. Tony has held other executive and operational posts at Nabors since joining them in 1991. Before Nabors, Tony worked for the law firm Baker & McKenzie and is credited with rapidly growing the New York unit as its Managing Partner. With a focus on corporate law, international arbitration and taxation, it is easy to see the attraction to the oil and gas industry.

Tony is also associated with other institutions such as Stewart & Stevenson and Hilcorp Energy. He is a passionate advocate for research into children’s neurological disorders and serves on the board of trustees at the Texas Children’s Hospital.

Mike Baur Continues His Quest to Support Young Entrepreneurs

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Mike Baur is a co-founder and partner of the Swiss Startup Factory. Before starting the business, he had worked in the Swiss Private Banking industry for over 20 years. He later started investing in startup companies. He started his career as an apprentice at UBS and worked his way up the executive board of a large Swiss bank.


In 2014, Mike partnered with two other people to form the Swiss Startup Factory, currently the No. 1 ICT Startup Accelerator in Switzerland. The goal of the company is to provide young entrepreneurs from Switzerland a platform that guides them through a business process, they will help them reach their business objectives. They attract young entrepreneurs, interested in networking with other successful business owners, so they get new ideas for pushing their own businesses forward.


The Swiss Start-up Factory offers a three-month accelerator program that provides networking, office space, coaching and mentoring, to help entrepreneurs get to the next level. It program offers startups financing and many other types of support in the early going. Participants in the program have access to bookkeeping, invoice management, payroll services, tax and VAT reporting systems and they learn about financial statements. Through the company, Mike hopes to pass on his experience and expertise to the next generation of entrepreneurs.


Mike spends a lot of time supporting young entrepreneurs and gives financial support to many, as well as mentoring them personally. He started out with an interest in banking and finance at an early age. He earned an MBA from the University of Rochester New York. He also received an Executive MBA from University of Bern.


Mike’s long fascination with the world of business and banking drove his entire career path. That is why he chose to start his career with a banking apprenticeship. He led Swiss Start-up through its initial accelerator program with the Goldbach Group. He led them through their partnership with Fintech Fusion in 2016. Fintech offers 12-month accelerator programs to companies in the financial industry. Baur worked with Fintech Fusion to help build a bridge of communications between the French and German parts of Zurich. The two companies plan a long-term partnership, that will break through language and cultural barriers.



The Continued Giving Of Betsy DeVos Is Cause For Admiration

Published / by Alice / Leave a Comment

We can all look at those who provide funding for good causes and admire them for their decision to give back to the community, but the long term approach to philanthropy taken by Betsy DeVos is an act I believe should be applauded by every sector of society as she looks to help as many people as possible live better lives. I have been looking at the life and philanthropic choices made by this dedicated Calvinist who has devoted much of her adult life to tackling social issues and making a difference through political giving; I myself believe the work completed by both Betsy DeVos and her husband Dick in Michigan and across the U.S. should be cause for celebration among all groups who now have access to better school choice and voucher programs.

It is difficult to pin down the beginnings of the philanthropic work of Betsy DeVos, but her classmates at Calvin College have explained in interviews I have read that this Michigan born and bred philanthropist was always political in her views and actions. One school that appears to me to have played a major role in the philanthropic work completed by Betsy DeVos is the Potter’s House Christian School that is thought to have inspired the education reform work of this well known mother of four; I believe the drive to assist families in providing the best possible education for their children comes from the meetings Betsy DeVos has had with families forced to struggle economically in a bid to make sure their children attend a high quality school.

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I have obviously been impressed by the well known work undertaken by Betsy DeVos to publicize school voucher and choice programs across the U.S, including her ability to work with state and local politicians from across the political spectrum. What I believe is less well known are the choices of Betsy DeVos in providing funding for different good causes in Michigan and across the U.S.; Betsy DeVos and husband Dick have played a key role in the revival of the arts in Michigan with their backing of a number of causes, including the ArtPrize project that allows the public to vote on the winners of an annual arts contest held in Grand Rapids. Looking at the range of good causes backed by Betsy DeVos is illuminating for myself as it shows her devotion to the Christian faith and education from preschool through to a number of colleges and universities. Stay updated with Betsy on Twitter.

Why is Everyone Talking About the Hawks Former Ownership?

Published / by Alice / Leave a Comment

This September the former Atlanta Hawks ownership group, including Bruce Levenson and Danny Ferry, filed a lawsuit against the New Hampshire Insurance Company, their former insurance carrier. The group is seeking to refute an unacknowledged claim they filed regarding wrongful termination and workplace tort. Levenson and Ferry sold their shares of the Hawks franchise abruptly in 2014.

Prior to selling the team, Levenson was extremely dedicated to increasing the value of the Atlanta franchise. Leveson resides in Atlanta with his wife; the team was a nostalgic investment for him. When it came time to sell the franchise, Levenson and Ferry sought out the expertise of Goldman and Sachs. According to, it went to the Tony Ressler led ownership group for over $700M.

Levenson’s career in basketball began well before his ownership of the Hawks. Originally, he served as the Hawks’ governor on the NBA Board. Today, he focuses on his philanthropic efforts. Near and dear to his heart are the many Jewish organizations the UCG founder donates his time and money towards. Levenson’s grandmother was a Holocaust survivor and he shares her struggle with those he meets. As the Hawks owner, he even invited the team to accompany him and his mother to the Washington D.C. Holocaust Museum.

Levenson and Ferry have since moved on from their impressive reign of the Atlanta Hawks; however, their lawsuit against New Hampshire Insurance Company lingers in the way. The company has failed to respond to the claim nor the complaint. The official amount for which the Atlantic Hawks former ownership is suing is confidential. However, it is known they are seeking damages in addition to the original claim filed.

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