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Category: Businesses

Nabors Industries’ Tony Petrello Partners With Houston Relief Programs In Hurricane Harvey Aftermath

Tony Petrello has become known for being more than just a business leader. He’s become a model of charitable giving and a leader in philanthropy in Houston, especially after the city was hit by Hurricane Harvey this last year. Hurricane Harvey brought extensive damage to the city of Houston this last year destroying many homes and businesses and leaving many people without basic resources. Tony Petrello’s company, Nabors Industries was happy to join the relief efforts through both fundraising and donating manpower. Petrello told all company employees they would be paid for volunteering their time to relief efforts, and he matched over $173,000 in fundraising for the relief.

Nabors Industries is publicly traded and is the world’s largest land-based and offshore drilling company. Petrello is responsible for managing contracts, overseeing technology development initiatives and forming partnerships to build the company’s portfolio. Some of the technologies that have been trademarked at Nabors Industries during Petrello’s time there include horizontal wells, offshore modular rigs and hybrid drilling equipment. Tony Petrello has also been compensated well for his position at Nabors Industries, including a contract renegotiation in 2013 at a shareholder meeting that made him the highest paid CEO at over $68 million in total compensation.

Tony Petrello is actually originally from New Jersey and went to college at Yale University. He was known by all to have a very high mathematics acumen and even had the privilege of studying under Serge Lange, a world famous mathematics professor. Petrello got both his bachelor’s and master’s degrees in math, but he suddenly changed heart and decided to go to law school instead. Upon graduating and passing the bar exam, Petrello joined Baker & McKenzie law firm in New York. He spent 13 years there advising clients on corporate law and tax compliance. It was while here that he met the executives from Nabors Industries who offered him a position as Chief Operating Officer in 1991. Petrello later became CEO in 2011.

Tony Petrello’s generosity has specifically touched the Texas Children’s Hospital. He has a young daughter named Carena who has cerebral palsy which was caused by periventricular leukomalacia when she was only an infant. When doctors told him there was no cure for Carena’s condition, he dedicated a lot of his charity to finding one. He saw the goals that the Texas Children’s Hospital had at the Dan and Jan Duncan Neurological Research Institute and decided to give $7 million to it. Petrello says he hopes more people will become aware of and support this foundation.

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Mike Baur: An Entrepreneur You Can Trust On

Mike Baur is not just an ordinary Swiss businessman; he is also an entrepreneur as well. Mike is also a managing partner and co-founder of Swiss Startup Factory. The SSUF started its operation in 2014 driven by ambitions to make international companies that disrupt the prevailing norms, business, and products models. The core business of SSUF is a three-month program that offers early-stage startups with services, coaching, financing, office space, mentoring, and access to a large investor and entrepreneurial network.

 

 

Mike had worked in banking for over two decades including for Clariden Leu and UBS. He quit starting investing in different startup companies before co-founding the SSUF with a couple of other brilliant minds, Oliver Walzer and Max Meister. Mike participated as a jury member as well at the START Summiteer, and establish pitching contest of St Gallen University. In January 2016, Mike had become deputy managing director for CTI when SSUF partnered with it. In early 2016, Mike led SSUF through its accelerator program with Goldbach Group, as well as its joint venture with Fintech Fusion in the initial months of 2016. In December 2016, the Wall Street Journal profiled his early career to startup and entrepreneurship investments.

 

 

He lived at Friborg region because he feels that he is still strongly connected with his hometown. Since the younger age, Baur was a fan of banking and finance. Therefore, he turned his passion for banking and finance and chose the pathway of finance towards a bright future. Because he discovered the path early, he began learning about that since his childhood. So, when he stepped into his professional life, he was full of the knowledge and skills that an individual needs to rise in banking and finance sector. He started his banking career as a bank apprenticeship and due to his hard working became the co-founder of SSUF.

 

 

He knew that no doubt skills and experience play a vital role in achieving a goal, but without proper education, he would not be able to achieve what he is planning to. So, he took his formal education from the University of Economics and Administration and gained the necessary theoretical knowledge in addition to the higher management education at the University of Rochester New York and the University of Berne. He invested an adequate amount of time in the young Swiss entrepreneurship and supported many Swiss start-ups both as a coach and through finance.

 

 

 

The World of Loans is Changing

Have you ever heard of a business by the name of EQUITIES FIRST HOLDINGS? If you yourself are in the business of loans and capital, then you may have. If not, then you may have either way….for this business is a global lender as well as a one of a kind form of alternative capital that is offered here.

The main web page for EQUITIES FIRST HOLDINGS is located at www.equitiesfirst.com. Visit the page for yourself to access all that is offered. This is an experienced organization which has been around since 2002 and is currently headquartered in the great city of Indianapolis, IN.

Now then, it appears that the world as a whole is changing. In the realms of finances and the economy, it is no different….of course. Why should it be, after all? The entire world as a whole is rapidly progressing in one sole and unified global, technological direction. As such, it would be only natural that finances and money would follow suite.

Allow me to quote an article from an online web site, which was just released in July of this year. It touches base on a new observation on the matter, which was made by none other than EQUITIES FIRST HOLDINGS itself. And I quote:
Equities First Holdings, LLC (EFH, www.equitiesfirst.com), a global lender and a leader in alternative shareholder financing solutions, is seeing more traction in margin loans and stock-based loans in an economic climate where banks and other institutions have tightened lending criteria.”

Businesswire.com mentions that Equities First is becoming more and more used & popular as a result. It is definitely an alternative of choice. Just imagine…..there are many out there who need to raise their capital with in a short amount of time, and they are borrowers. They may also not particularly qualify for those more conventional loans which are usually based off of one’s credit review.