The expansion plans of Nabors under the leadership of Tony Petrello

Nabors’ plans to purchase Tesco Corporation

Tesco Corporation deals with the manufacture of technological solutions for rig drilling and sustainable energy equipment. On the other hand, Nabors owns largest rig fleet in the world which provides different drilling services including offshore and directional drilling. The equipment that is produced by Tesco can be very useful in the plans of Nabors. For this reason, according to Tony Petrello, who is the current CEO of Nabors, the purchase of Tesco would be a big boost to the plans that Nabors had.

The plans to purchase the company are expected to come to a close in the last quarter of 2017. After the purchase, Tesco will cost $4.62 per share. Since Nabors is interested in the equipment manufactured by Tesco, the deal will bring together the operations to be done by the two companies for business. The business is set to be done before the next year’s first quarter. To this extent, if an agreement is not reached between the two companies, Tesco will pay Nabors a total of $8 million according to the laws guarding their agreement. According to Tony Petrello, there will be $20 million for the first year and a minimum of $30 million for the subsequent years in operating synergies.

The development of Tony Petrello’s career at Nabors Industries

As the president of Nabors Industries, Tony Petrello has registered mature leadership. Because of his outstanding performance, Petrello held the presidency from 1991 to 2011. His two decades of dedicated services have been rewarding both to him and the company as a whole. The policies of any company do not allow people to hold positions for that long if their performance is poor. In 2013, the work pressure became high on the presidency, and the position had to be split for the company to maintain the quality of performance. In early 2014, the position was split to the president and chief Executive Officer. The two positions were assigned different roles. Tony Petrello became the CEO of Nabors in 2014, a position that he has held to this day for more info about us: click here.

Norman Pattiz; The Man Behind PodcastOne’s Success

PodcastOne was launched by Norman in the year 2012. He is the sole founder of this famous podcast. This startup was a huge success and grew so fast. It became a number one distributor and producer of on demand audio programs.

PodcastOne is currently working with a lot of big name celebrities and brands as well. Some of these include the likes of Dr. Drew, Dan Patrick, TheCHIVE, Nicole Polizzi, WNYC’s Radiolab and more. These are the top-notch podcasts nowadays.

The main reason behind this huge success of PodcastOne is its founder, Norman Pattiz. He has work experience of more than 40 years in this radio field. In addition to this podcast, he also founded Westwood One.

It was Norman Pattiz who took Westwood One to become one of the United States of America’s biggest provider of sports, traffic programming, entertainment and news shows to the industry.

Westwood One worked with a lot of big name brands as well. These include Mutual Broadcasting System, Summer and Winter Olympics Games, Super Bowl, NBC networks and more.

Norman Pattiz was also able to create Courtside Entertainment Group in the year 2010. It was also successful in producing and distributing excellent programming.

Norman Pattiz has seen a lot of success in his career. He was called by President Clinton in the year 2000 and then by President Bush as well in 2002 to be a member of the Broadcasting Board of Governors in the USA.

This Broadcasting Board of Governors has the job of looking over nonmilitary broadcasting services. These include Radio Free Europe, The Voice, Middle East Broadcasting and etc.

Mr. Pattiz was inducted into the National Radio Hall of Fame in the year 2009. He was awarded the Giants of Broadcasting Award as well.

Other than being such a big name in the broadcasting world, Mr. Norman Pattiz is the Chairman of Lawrence Livermore and National Security Labs, a member of the Council of Foreign Relations, a Regent of the University of California and also a member of Pacific Council.

Mr. Norman Pattiz is very talented and a true professional in his field of work. He believes that one should always stay busy doing work.

He also believes that being disciplined and diligent are the two key factors behind achieving great success. He is always the first one to show up in the office and the last one to leave.

Will Dallas Citizens Need New Financing Products?

Bankers have a challenge in continuing to provide the right financing products for their clientele. As the Dallas housing market continues to boom, some may ask if local community banks can keep up. This was one of the key topics at the November 2016 Texas Bankers Association’s Annual Strategic Opportunities Conference.

Available Capital In Texas

The proper allocation of capital is an important reason for an area’s success or failure. Wall Street has a phrase called “throwing good money after bad.” When an investment is bad, then a bank should cut its losses. Thankfully, bankers can share notes and determine the best policy for the entire industry. This is what happened at the aforementioned conference when the best and the brightest of Texas banking met.

NexBank CEO John Holt was one of the participants on the “Reinventing Community Banking: Perspectives on Competing by Innovation” committee. Innovation can keep a boom going. What type of financing might Dallas citizens need in the future?

Dallas has a hot market, so mortgages should be in high demand. The oil price has remained low, so more home buyers might need to finance. They might not have as high of salaries as previously. Construction loans could also help increase the amount of housing available.

Texas Bank Financial Products

NexBank is well-positioned to provide the necessary community lending products to keep Dalls booming. It offers commercial banking, institutional services and mortgage banking. Under mortgage banking, NexBank also offers warehouse lending.

Innovation can keep Dallas running on a full tank. With warehouse lending, businesses can continue to raise much-needed financing. With full shelves, the population can be assured of having all they need to enjoy a high quality of life. NexBank has the new finance products to make Dallas citizens happy.

Ubuntu Fund Chairperson, Andrew Rolfe, and His Remarkable Contributions Worldwide

The tenth Dinner Gala of the Ubuntu Fund is annually held and is aimed at raising funds to benefit campus schools in Elizabeth Port in South Africa. A clinic that was designed to improve care and treatment of children in the campus school was still part of the plan. The local less privileged children will also be benefiting from this program. The program’s goal is to help those youths that are underprivileged by taking care of them from a tender age to the point they will start their careers.

Ubuntu Fund Chairman, Andrew Rolfe was delighted to treat 300 of those who had attended the gala with delicious meals and music performance from the Xhosa choir. Two of the students that had earlier benefited from Ubuntu Fund graced the occasion as special guests. The evening was full of motivational speeches that pleased the guests.

Sinesipho Rabidyani was among those who benefitted from Ubuntu Fund and had the honor to speak at the dinner. She recalled how her drunkard father made her living horrible as she could not get the peace she required at home. She was lucky to get the school’s scholarship where she enjoyed both psychological and social support alongside receiving a quality education. Mentorship is also a program for the students organized by the school that adds up to the education they receive.

About Andrew Rolfe.

In the 3rd of November Andrew Rolfe aged 37, joined SAN FRANCISCO as its International Division president. Rolfe was to oversee stores Gap in Germany, UK, and France. He was also to work on the strategies that would see the company grow internationally. Andrew was also on the Executive Leadership Team as a member and was supposed to report to the CEO and president of Gap Inc, Paul Pressler.

Before joining Gap Inc., Andrew was the CEO and chairman of Pret A Manger, a retailer of food based in London. He is the current Director of WH Smith Plc. He has a degree in politics and philosophy. He also joined Oxford and studied economics. Later on, Harvard Business School gave him an opportunity to pursue his MBA.


Parents Hire Teachers to Propel Rocketship Education

Most parents do not have the knowledge of those who will be teaching their kids not until school opens. This is not the case at the school’s charter of Rocketship Education as parents have the privilege to choose those who will be teaching their children a few months before the school opens.

An article in the Washington Post explains the process by which parents engage in interviewing those teachers at the first chain’s Washington, D.C charter of the school. This is not new to Rocketship which has been running thirteen schools.

The co-founder and CEO of Rocketship, Preston Smith, revealed to Education Week that participation of parents had been a chain Foundation that first took place in San Jose, Calif, back in 2007. Rocketship has gained attention nationally for personalizing and having a lifestyle that is blended. This program by Rocketship schools has made it essential for parents to participate fully.

Preston Smith made it clear that individual schools have parents joining the interviews for the jobs in one way or another. More often than not, some of the parents are trained as panelists to conduct the interviews or meetings that are held for the community which gives an opportunity for the parents to interact with those who made it to the job finals.

The parents’ opinions are highly respected and regarded by the management which enhances smooth running of the schools and ensuring that an agreement is always reached between the management and the parents.

Some of the interview candidates find it difficult to face the parents as they seem not up to the task that would be waiting for them. This gives an appropriate opportunity for the right individuals to take those positions hence ensuring the success of the students and schools at large.

The parents find it right and are appreciative of getting the opportunity to know those who will be handling their children way before school opens. Although parent’s participation in the same has been rare, it is evident that it had happened before as it took place in the 1990s in the Unified District School in Los Angeles.



There has been outbreaks of strange diseases throughout the world. This has called for the need to invest more in the field of medicine. A lot of research has been done and still needs to be done in order to curb, cure or manage this diseases. The explosive growth in this field of medicine is being able to target specific mutations or genotypes to treat diseases in unique ways. This leads to extending and saving lives.

Dr. Scott Rocklage has contributed so much in this field of management. He is a more productive entrepreneur who is also very well organized with regards to calendaring, prioritization and time management.

Scott Rocklage is a B.S. in Chemistry graduate from the University of California, Berkeley and also holds a PhD in Chemistry from the Massachusetts Institute of Technology (MIT). Dr. Rocklage who is based in the Boston, MA office was involved in the invention or co-invention of over 30 U.S. patents and greater than 100 peer-reviewed publications.

His main business is the 5AM Ventures which is a life science-based venture capital firm. Dr. Rocklage works with entrepreneurs such as business-executives, scientists or physicians with the aim of assisting them in shaping their ideas into potential medicines to cure or manage the unmet medical needs.

Scott M. Rocklage, Ph.D. joined 5AM Ventures in 2003 as a Venture Partner. Because of his hard work he was promoted and became the Managing Partner of the 5AM Ventures in 2004. Dr. Rocklage has over 20 years of healthcare management experience.

His strategic leadership skills enabled him handle his responsibilities well which led to the fruitful approval of three U.S. New Drug Applications by the FDA, and also managed to enter six drug candidates into clinical trials. Many companies envied his efforts in doing work thus he has worked and headed so many companies.

Dr. Rocklage has served as a Chairman and CEO of Cubist Pharmaceuticals, President and CEO of Nycomed Salutar, President, CEO and Chairman of Nycomed Interventional and has also held various R&D positions at Salutar and Catalytica. He was the former Executive Chairman of Ilypsa and Miikana.

Currently, Dr. Rocklage is serving as the Board Chairman of Achaogen, Relypsa and Semprus as well as on the Boards of WaveRx, Pulmatrix and Variation and the Board of Associates at the Whitehead Institute.

Read more:

Sccot Racklage | Bloomberg
Scott Racklage | Crunchbase