Tony Petrello’s Excellent Leadership of Nabors Industries

Nabors Industries has a lot to thank Tony Petrello for. As CEO, he has provided excellent leadership to the company, and it has gone from strength to strength under his leadership.Tony Petrello was brought up in Newark and his parents struggled to give him a good education so that he could make something out of himself. He has always been very smart and ambitious, and this is one of the reasons why he is so successful. He understands that nothing comes easy and works hard to achieve the goals he has set for himself.

Tony has worked at Nabors Industries for more than three decades, and he has a good understanding of the oil and gas industry and the company’s operations. This is why he was the most suitable person to take over from the company’s former CEO, and he has proven his worth time and time again. He tactically worked his way up the ranks and finally got to the top because of his passion for the company and for the industry as a whole.

Tony Petrello was once one of the highest paid CEOs in America and even then, a great percentage of his remuneration depended on the company’s performance. This is a recommended corporate governance practice as it keeps company executives focused on the long-term performance of the company and not just their rewards and bonuses, which can have a terrible effect on company performance. It is, therefore, no wonder that Nabors is doing so well under Tony’s leadership.

Tony loves giving back to the community. He has contributed a lot to various charitable organizations in the US. He loves his family and loves spending his free time with his beautiful wife and lovely daughter. His daughter has a rare neurological condition, and has been a great inspiration to both Tony Petrello and his wife. To  learn more about us: https://www.inc.com/profile/nabors-industries click here.

Conclusion

Tony Petrello is the epitome of good leadership: visionary, disciplined, hardworking, caring and so much more. He has achieved a lot over his long career in the oil and gas drilling industry, and unlike many others, he does not rest on his laurels. Instead, he continues striving for better. The performance of Nabors is, therefore, expected to get even better with him at the helm.

Focus on David McDonald and the OSI Group

International companies operate locally in nature. An organization like OSI Group with branches and facilities spread out in Europe, China and the United States cannot purport to employ a one-size-fits-all procedure. There are different factors like government regulations, talent pools and cultural nuances that affect how a company operates in a different country. David McDonald, the president of OSI Group emphasized the need for a global company to have an international network but operate locally. OSI Group operates globally but it has a local management team in each country, which understands the local tastes and cultures better.

OSI Group

OSI Group is a global leader in the food industry with its headquarters based in Aurora. The company deals in the supply of value-added protein products like beef patties and sausage links. It also supplies other products like pizza, sauces and sandwiches to top retail and food service brands. The group runs over 50 facilities based in 17 countries and relies on its global-efficiency and local-solution strategy in its business expansion in China.

OSI has been operating in China for the last 20 years and has grown with its growing economy. Currently, it runs eight facilities and has two more coming up, which will make it the largest supplier of poultry in China. It announced that it was building a further processing plant in China’s Henan province. It also entered into a joint-venture agreement with DOYOO Group in Zhoukou to form DaOSI, which will be the third incorporated poultry operation in China. From the China operations, OSI serves clients like Yum, McDonald’s, Subway, Papa John’s, Saizeriya and Burger King.

David McDonald stated that China was a real focus for OSI Group due to a number of reasons associated with the country. He revealed that China continues being the biggest rising consumer market worldwide. China does not only have population power but also it is becoming more affluent. The group has a number of customers based in China who are experiencing great growth at the moment and they want to keep growing with them.

Increased Plant Production

Apart from its expansion in China, OSI Group also announced or expanded seven other facilities in the world. It launched new processing plants in Poland, Madanapalle in India, Geneva and Hungary. The group partners with its customers on product development.

About David McDonald

1. McDonald is the COO and president of OSI Group. He was once the chair of the North American Meat Institute and currently sits on its Board. He holds an Animal Science degree and is an autonomous director at the Marfrig Global Foods S.A.

Learn More: www.bloomberg.com/profiles/people/17665897-david-mcdonald

Sheldon Lavin Helps OSI Group Implement Sustainable Business Practices

Sheldon Lavin is the owner and CEO of OSI Group and his vision has propelled them forward over the years on a path of growth and prosperity. They were acknowledged by Forbes Magazine as one of the largest privately held food processing companies and they are currently in expansion mode as evidenced by recent acquisitions. They have a deep pool of resources to draw from as they operate in 17 countries with over 70 facilities. They are a fine example of a company that is very prosperous, productive and yet is deeply concerned with sustainability.

Lavin’s involvement with the company goes back several decades and the first time they collaborated was under the previous ownership. They were known as Otto & Sons until the mid-seventies when Lavin bought out the current owners who had decided to retire. Originally, Lavin with his finance and accounting background helped them secure additional funding for expansion purposes. He and his consulting company were instrumental in helping Otto & Sons fulfill a lucrative contract to supply meat to the McDonald’s corporation.

The ambitions of Sheldon Lavin were always to own a company and pursue a global business plan. He has done this to a remarkable extent with OSI Group and their capabilities as one of the top global food processors continue to grow. They are adept at making strategic acquisitions that complement their own abilities. An example of this is when they recently purchased Flagship Europe to enhance their significant operations in Europe. They are a highly regarded food processing firm and now that they’ve joined with OSI Group the whole can better serve the European market with extensive resources.

The sustainability efforts of OSI Group are noteworthy as they are forward-thinking and utilize the latest concepts which ensure positive interactions with the environment. They are also greatly concerned with local communities that they come into contact with and make every effort to be good corporate citizens in this area as well.

The appointment of a Chief Sustainability Officer is another indication of the importance that the company attaches to creating operations that minimally impact the environment while still maintaining great productivity. This officer is in the process of implementing a global sustainability strategy for OSI Group. Under Sheldon Lavin’s leadership, OSI has always maintained a strong focus on the environment and how to keep it clean and natural. They are an excellent example of a company leading the way on important issues such as sustainability.

Learn More: www.osigroup.com/news/

David McDonald: Food Industry Giant OSI Group’s President And COO

OSI Group president David McDonald has been with the international meat and packaged foods provider for 30 years. During that time he has helped the company to diversify product offering and reach out to new markets all over the world. McDonald has been working with animals and food products his entire life. A native of northeast Iowa, David McDonald was grew up on farm. He the went to Iowa State University where he graduated with a BS in animal science in 1987. McDonald was hired by the OSI Group that same year and his background, work ethic and dedication has made him a valuable asset to the company.

Since beginning his career at the OSI Group, David McDonald has held a wide variety of roles within the company. His knowledge of industry operations, experience in international business and his ability to excel in any task he is assigned are major reasons McDonald has been given positions of increasing importance and responsibility at the company. The success he has enjoyed at every level led to him ultimately being promoted to the OSI Group’s president and COO. McDonald’s track record shows he can be entrusted with even the most important and demanding positions in company.

A proud alumnus of Iowa State University, David McDonald has remained closely associated with the school. He is active in ISU’s Agricultural Entrepreneurship Initiative and other programs at the school. He also generously provides scholarship funding to Alpha Gamma Rho, his college fraternity. In 2004, the ISU Alumni Association gave McDonald their Young Alumni Award. David McDonald is married and has six children, the eldest two attend Iowa State University. He has helped ISU students to visit the OSI Group’s facilities in China and participate in internship programs at the company.

David McDonald has also played a significant role in the OSI Group’s 25 successful years of growth in China and the company’s expansion throughout Asia, Europe, Australia and the Americas. In addition to his work with the OSI Group, David McDonald has served as the North American Meat Institute’s chairman and is currently a member of its board of directors. He is also a Marfrig Global Foods S.A. independent director. For more info about us: https://relationshipscience.com/david-g-mcdonald-p4523992 click here.

But Warrenville, Illinois resident David McDonald is much more than just a successful business executive. He’s a loving husband and father and supports Wheaton, Illinois’ St. Michael Parish with his time, talent and resources.

An Academic Genius To A Brilliant CEO – Tony Petrello’s Endeavors

When talent meets hard work, one is on the path of undeniable success. But when extreme intelligence meets a genius, it leads to something beyond. This is what happened when a very gifted student, Tony Petrello, met his Yale University mathematics professor Serge Lang. The combination of the two led to a formation of a mastermind in mathematics, who later on took on the world of law.

Tony Petrello’s childhood was spent in New Jersey. He was noted for outdoing his high-school peers, thus enabling himself to study at an IVY League school. After obtaining his Bachelor’s and a Master’s degree, Petrello enrolled in Harvard’s School of Law. Post graduation, he started working for one of the big corporations where he was specialized in the area of tax and business.

At this point, Petrello has already lived in many different states, as well as switched from Mathematics to Law. However, this is not where his career endeavors stopped. Working on a project with a company called “Narbors Industries”, the managers became so impressed with his performance that he was offered a Chief Operational Officer position with the oil-drilling company. Upon acceptance, Petrello relocated to Texas, a state in which he continues to reside.

Fast forward to 25 years later and Tony Petrello is Narbors Industries’ Chief Executive Officer. His positive spirit and brilliant skills across many industries enabled him to help this company maintain continuous growth. Market volatility and gas price changes have not slowed down his company, as Petrello managed to stay afloat. His efforts also did not go unnoticed. In every year since 2013, he was one of the most paid CEOs across the nation. This included over $50 million bonuses on top of his regular compensation. On average, Petrello made close to a $100 million annually in the last half-a-decade. For more info about us: https://www.linkedin.com/in/anthony-petrello-1335b097 click here.

Narbors Industries is a large company with over 500 drilling rigs. The sheer size and gross income they obtain during a year makes it possible for them to pay their CEO such an enormous amount of money. The fact that the CEO brings in great ratios and financial statements also contributes to his earnings.

In his personal life, Tony Petrello shows just as much success. After having his daughter born with a cerebral palsy, he dedicated his free time and resources to others with this condition. Personally, him and his wife Cynthia have donated tens of millions of dollars to the cause. This helped establish “Jan and Dan Duncan Neurological Research Institute” at the Texas Children’s Hospital. The fundraisers he organized over the years further amplified his contributions to a couple of hundred millions. Safe to say, Tony Petrello might be one of the most successful philanthropists to ever walk the earth.

Igor Cornelsen Discusses Tips for Foreign Investment in Brazil

Brazil remains a country in which foreign investment capital continually flows. Investors considering directing funds to ventures in Brazil do need to be careful. Financial expert Igor Cornelsen recently published an article discussing tips about investing in Brazil. Those who review Cornelsen’s tips may gain a clearer perspective about investing in this emerging market.

Cornelsen sheds light on Brazil’s “new economic matrix,” a program that dramatically cut stock prices, has not proven to be very successful. Yet, no indications exist that President Dilma Roussef intends to change course. Remaining on the same troubled path could keep Brazil from reaching its full economic potential. Brazil’s economy ranks in the top ten globally. So, the country does remain a viable one for investors. Again, investors must be aware of certain complexities associated with putting money in Brazil.

Igor Cornelsen suggests adhering to the following three tips:

1.) Talk with the locals.

Do not try to put money into Brazilian ventures without discussing matters with locals in Brazil. People who live in Brazil and own businesses or engage in other entrepreneurial ventures can provide a wealth of knowledge.

2.) Understand the laws relating to foreign-currency.

Only authorized financial institutions may process currency from foreign countries. Working with the right bank becomes a must when you must transfer foreign funds into the local currency. Another issue arises here. Making a transfer when the exchange rate is weak could prove costly. So, be sure a delicate approach is taken when transferring funds.

3.) Be ready to deal with regulatory hurdles.

Sad to say, investing in business ventures in Brazil means dealing with a lot of red tape. There’s no way around any of the bureaucratic obstacles. Both educating and bracing yourself for the red tape could make handling things more manageable.

CBS8.com was the first to cover Cornelsen’s tips and insights on foreign investment in Brazil. Cornelsen’s work on investing in Brazil is well worth reviewing.