By: Benzinga
March 07, 2013 at 19:35 PM EST
Nabors Enters New Employment Agreement with CEO Anthony Petrello
Nabors Industries (NYSE: NBR ) today announced that it has entered a new employment agreement with Chief Executive Officer Anthony Petrello to more closely align his compensation with Nabors' shareholders' interests and industry peers. The new five-year agreement, which replaces Mr. Petrello's 2009 agreement well before its scheduled expiration,
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