How Petrello was paid
$29.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Anthony G. PetrelloChairman of the Board, President and CEO | $1,750,000 | $19,000,000 | $5,352,354 | $2,049,275 | — | $1,484,474 | $29,636,103 |
| Miguel A. RodriguezChief Financial Officer | $489,038 | $1,300,000 | $662,239 | $275,000 | $7,167 | $202,378 | $2,935,822 |
| William J. RestrepoFormer Chief Financial Officer | $582,692 | $200,000 | $2,835,080 | — | $22,828 | $739,913 | $4,380,513 |
| Mark D. AndrewsVice President and Corporate Secretary | $304,731 | $150,000 | $375,961 | $125,000 | — | $178,350 | $1,134,042 |
What changed and why
- $29.6MCEO total compensation increased to $29,636,103 in 2025 primarily due to a special $19,000,000 transaction bonus.
- Named executive officers received special cash bonuses in recognition of leadership in transformative strategic transactions.
- The acquisition of Parker Wellbore and divestiture of Quail Tools optimized the business portfolio.
- 12%Adjusted EBITDA for the International Drilling segment increased more than 12% year over year.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.