Category: Business

Why Anthony Petrello Was Not Ranked As the Highest Paid CEO in 2014

Anthony Petrello was ranked as the best-paid CEO in the United States in 2013, with a total payment of $68.2 million. His pay could have been justified by the fact that since he became Nabor’s CEO in 2011, the company’s share price has risen by 180 percent. However, this was not the case in 2014. Considering the proficiency he has shown in running the business, one may wonder why the shareholders could not allow him to receive such a huge bonus in 2014.The shareholders were unhappy with the huge bonus perks issued to the company’s executives in 2013 and 2014. That is why they decided to alter the corporate governance and compensation policy. One of the changes was to separate the chairman’s and the CEO’s roles. By doing this, the executive severance payment was limited to three times an executive’s bonus payment. Although these changes reduced Anthony’s pay to an extent, it did not limit his zeal to serve Harbor.

Petrello’s compensation in the 2015 financial year

Anthony Petrello received $15,202,689 total compensation for his role as the president and CEO of Nabors Industries Ltd. Of the total compensation, $1,575,000 was salary, $10,808,769 was awarded as stocks, $1,492, 982 was his bonus payment, and $1,325,938 was issued as other kinds of compensation.

Anthony Petrello’s career

Petrello joined the Nabor’s board of directors in 1991 following his election. He served as the company’s president and CEO from 1991 to 2011. Tony has been serving as the chairman of the executive board since June 2012. His contribution to the company is immense. He is in charge of strategic planning which ensures that company can compete in the ever dynamic industry.Before joining Nabors, Petrello worked in a law firm known as Backer and Mckenzie. Here, he specialized in general corporate law, taxation and International arbitration, a position that helped him understand how businesses are run. During his service at the law firm, he was appointed as a partner manager in the company’s New York office. Besides his position at Nabor, Anthony is also a Director of Stewart & Stevenson LLC and Hilcorp Energy Firm. He also sits on the Texas Children’s Hospital Trustees board. You can also follow him on twitter:

Real Estate Ventures Made Easy by David Osio

Mobile Application in Real Estate



The real estate venture can be very exciting and profitable. Although valuable too, the terminologies and calculations involved in the business are challenging and involving. That is why Davos Group of Real Estate invented a new mobile application that aims to approximate the real estate returns on investments. Davos Group of Real Estate is an independent company that makes part of the Davos Financial Group.



History of Davos Group



The Davos Financial Group is an international group. It has also been a top company in Latin America market over the past two decades. It offers comprehensive financial advice to private and public companies. Davos Group focuses on implementing an investment strategy tailored to meet the demands of every client. With the team of professionals, the company combines quality products in the framework that requires high quality services, experience, professionalism, and specialization.



Application for iPhone and Android Users



In the past six months, the Executive Director of Davos Group has been partnering with Tecknolution to develop designs of the mobile application. The application enables clients to approximate the profits of an investment after the expenses. It was developed based on the current modern technology and is available for iPhone and Android users. This application marks the beginning of many applications in the future. The future applications will feature the capacity to identify property using the mobile device while forwarding the past reports on real estate to the agent stationed at Davos Group through an interactive session like a chat.



Benefits of the Application



 The phone application developed by Davos Group is an innovative instrument enabling investors to have a clear financial vision before purchasing a property. It assists clients in financial guidance before investing in real estate, and that has been the dream of the company. The mobile application comes with a mortgage calculator. The feature will allow the Davos Group clients to estimate the expenses based on bank projections including the interest rates.



About David Osio



Serving as the Executive Director of Davos Financial Group, David Osio possesses a great understanding of financial practices in many sectors. He also serves as the founder of the group. David went to Universidad Catolica Andres Bello where he studied Law, Banking, and Finance and graduated with a degree. He was a Director at MGO in Caracas, a law firm. His roles included offering legal advice to corporate clients. David prides his intelligence to the higher degree in Education he acquired at IESA School and Degree in Portfolio Organization and Banking at the Institute of Finance in New York.

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Business Executive, Community Leader, Family Man

Dick DeVos is a man of many accomplishments. Besides a long and successful career in business, he has many accomplishments as a community leader and is a devoted family man.

DeVos’ business career includes executive positions with the Windquest Group, The Orlando Magic of the National Basketball Association, and Amway.

He is currently President of the Windquest Group.

As Vice President of Amway International, DeVos supervised operations in 18 countries. Under DeVos’ leadership, Amway reached new markets and, for the first time, exceeded domestic sales. It also tripled international sales.

When he became President of Amway, a position he held from 1993 to 2002, DeVos was in charge of all operations on six continents and 50 countries. In DeVos’ last fiscal year, Amway’s sales reached $4.5 billion.

DeVos’ family acquired the Orlando Magic in 1991. He served as President and CEO for three years.

Dick DeVos is not only a successful businessman. He has led many community initiatives.

He founded the Education Freedom Fund, awarding scholarships to Michigan’s underprivileged (more than 4,000 awarded). He established the West Michigan Aviation Academy, a high school offering education with a focus on aviation. And he has served on the State Board of Education.

DeVos has been chair/co-chair of revitalization projects in downtown Grand Rapids and regional health care improvements. These improvements include a $212 million convention center, a $75 million arena, a $90 million medical school, a $30 million Downtown Market, and a $130 million heart hospital.

He ran for Governor as a Republican candidate in 2006.

In 1997 he published his book “Rediscovering American Values,” a New York Times bestseller. It is available in seven languages.

DeVos is a graduate of Northwood University, a two-time National champion sailor, and a pilot of jet aircraft and helicopters.

Dick DeVos and his wife Betsy have been married for 35 years. They have seven children and five grandchildren.

Mike Baur is an Entrepreneurial Legend

Mike Baur is an ambitious businessman and entrepreneur. He took the interest of his youth, banking and finance, and parlayed it into a career pursuit. With an MBA (Masters of Business Administration) from the University of New York Rochester and an MBA from the University of Bern, he began a career in the private banking industry starting out as an apprentice and working his way up to executive board member of a large Swiss bank. Along the way he accrued a variety of banking and financial experience that he was able to apply to his interest as an entrepreneur.


At the age of 39, Mike Baur decided to test his entrepreneurial wings and with two partners founded The Swiss Start-Up Factory. The Factory is an accelerator program that supports start-ups and entrepreneurs in the digital technology industry. The Factory is funded privately and has grown into the number one start-up accelerator in Switzerland.

Baur is also a great supporter of Swiss youth entrepreneur programs and is a mentor to participants as well as offering financial support. New companies are an important part of the business world as well as the economy. Entrepreneurs bring new services and products, as well as creating employment opportunities. Supporting the entrepreneurial effort is an important aspect of their success.


Baur supports the entrepreneurial effort and through the Factory provides opportunities through a strong network based in Switzerland and the world. The Factory provides entrepreneurs and their start-ups a three month program and a unique platform of services. The Factory provides mentoring, coaching and office space to participants in Zurich, Switzerland. Participants find a support system for their ambitious goals and an environment in which they can flourish.


The team at the Factory will identify the start-ups with potential while coaching them and pairing them with investors. The investing pool will include an investing professional, Michael Hartweg, who was attracted to the unique program offered by Baur and the Factory team. Hartweg will evaluate start-ups and invest in those entities that meet his criteria. He will also offer coaching, advice and mentoring in an effort to help start-ups succeed.


The Factory, under Baur’s leadership has proven to be successful. Participants in the three month program have been given a boost with the help they have received. Baur has helped start-ups avoid the potholes and negotiate the speed bumps a new entity often encounters. The entrepreneurs have learned to develop strategies that have been helpful to achieve their goals.

Sanjay Shah Features on Show and Speaks on Entrepreneurial Success

If there is anything that is admired, it is being an entrepreneur. The greatest success often comes from being an entrepreneur. Sanjay Shah is a successful entrepreneur. He has spoken on a show hosted by Entrepreneur Podcast Network. With his success as an entrepreneur, he has been free to put his money towards charity. Since his earning potential is unlimited, he had more room to spend money on what he wants as opposed to being on a budget. Sanjay Shah has used Enterprise Radio as a platform in order to speak on various topics that are very important to him.

Aside from being a successful entrepreneur, Sanjay Shah is a philanthropist. He donates to charitable causes and sponsors children. As of right now, he is running his charity called Autism Rocks in which he funds research for Autism from the money he gains. With Autism Rocks he runs concerts with the purpose of running a charity. Among the artists that performed at the concert are Flo-Rida, Prince, Snoop Dogg, Lenny Kravitz and plenty of other artists. He has also got to sit and talk to various artists and he many of them are very fun to deal with. They are especially happy to help with the cause.

Sanjay Shah has started off studying medicine. He went from studying to become a doctor to working in the financial industry. He even started his own investment bank called Solo Capital. One thing that has influenced him towards entrepreneurial activities was his attitude towards working in an office and commuting. The daily grind of the 9 to 5 office job didn’t appeal to him. Fortunately, he was able to use his skills in order to bring forth great success as an entrepreneur. Sanjay is one shining example of someone who is very generous, responsible, and diligent in his career.