Category Archives: Business Expert

Equities First Holdings-With Growth Comes Expansion

Equities First Holdings is pleased to announce that an increase in international growth has warranted an expansion and relocation of their offices in Melbourne, Australia. The new office will be located at 287 Collins Street on the second level. The move is due to rapid growth and will facilitate the existing staff as well as provide room for further expansion as business grows.The two other locations in Australia will remain open in Sydney and Perth to the best accommodate business in those geographic regions. With over a 50 percent increase in workforce, the expansion could not come at a better time. Expansion has already taken place at Equities First Holdings, Indianapolis location in the United States.

Equities First Holdings holds operations on four continents. North America, Europe, Asia, and Australia, with projected future expansion into other countries as well.Equities First Holdings is an investment holdings company that distributes capital into a company in return for equities or stock in a company. This can be an advantage to the company because of the low interests terms on the loan.

The money given to the company can be used to expand, finance new product development and launch new products, basically any venue that would be used to increase the companies net worth.A non-recourse stock based loan by Equities First is perfect for companies looking for additional capital to expand their new or already existing business. It is more attractive than a conventional bank loan because the loans are provided with a better interest rate.

Source of the article : http://www.otcmarkets.com/stock/ANPCY/news?id=143461

Tony Petrello; The Man Behind the Success of Nabors

Tony Petrello; The Man Behind the Success of Nabors

Anthony Petrello is the current chairman and CEO of Nabors Industries. The Bermuda-based company is one of the largest providers of offshore drilling rigs. It is also the top natural gas and geothermal drilling contractor in the world. Its major operating market is the US. It also offers drilling services in other parts of the world that produce significant oil and gas. Anthony plays a huge role in sustaining growth and profitability of the company. Anthony Petrello is also known as Tony. He started Anthony Petrello career in Baker & Mackenzie law firm immediately after completing his education at Harvard Law School. He worked at the law firm from 1979 to 1991. Tony had risen to the position of managing partner by the time he left the company.

Mr. Petrello joined Nabors as its chief operating officer in 1991. He did not last long in this position. He was appointed the president in 1992. He became the deputy chairman of the company after ten years in the position. He served in this position until June 2012 when he took over the role of chairperson. He was the CEO of Nabors Industries before this. Tony’s other senior roles outside Nabors include director of Texas Children’s Hospital, Hilcorp Energy Company, and Steward & Stevenson. He strongly advocates for an increase in clinical programs and research on children affairs at Texas.

Mr. Petrello’s cumulative compensation in 2015 amounted to $27,512,939 owing to various high-level roles that he holds in different organizations. This includes a bonus of $7,727,000 and a salary of $1,580,077. The remainder was stock and other compensations. He is one of the best-paid CEOs in the US. AP and Equilar ranked the top 50 paid CEOs in 2013.

Mr. Petrello made it to the top. He did not defend the title in 2014 due to the withdrawal of compensation plans by the company shareholders. The company’s share price went up by 180% since his elevation as the head of Nabors. The shareholders failed to back the generous bonus scheme for the executive even with this impressive growth.

Learn more Anthony Petrello social media: twitter.com/tony_petrello