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Mindless Wanderings

Archives for: January 27, 2017

The Charity undertakings of Antony Petrello

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Antony Petrello currently works for the Nabors Industries as its chief executive officer. He has been holding the position since October 2011. The Nabor Industries is one of the branches of the Nabors Exchange co, which is a Canadian company. Mr. Petrello has been an employee of the company since 1991, and he once served as its chief operating officer. He was the deputy chairperson of the Nabors Industries Limited since 2003 to 2012, and the company appointed him in 2016 to serve as chairman.

Mr. Petrello has adequate knowledge and experience in carrying out various activities of the company since he has served it for several decades. Anthony Petrello’s leadership skills is one of the factors that made him be promoted to be CEO as soon as the position was vacant. Anthony has been an excellent administrator of the company since its share price has risen by 180 percent during his time in office. He has been associating well with various stakeholders of the enterprise, and therefore, has built healthy relationships with them. His interactions have facilitated the growth of the oil business. Petrello was the United States’ top paid CEO in 2013. The company raised his salary between 2012 and 2013 to make it $68.2 million.

The Nabors Industries CEO is also a generous person who has been giving back to the community by funding medical care for children. He is dedicated to ensuring that all children get the best health care. Antony has a daughter who suffers from a disorder, and this has been his driving force to assisting other people. Cindy, who is his wife, gave birth to their daughter when she was only 24 weeks pregnant. His daughter is called Carena, and at birth, she weighed less than a pound. The hearts of the couple were broken since they both had different plans for their child’s future. The girl is currently disabled, and she depends on someone else to feed and move. Petrello is an active person, and he opted to learn more about the neurological defect and also donate when he was able. Anthony Petrello and his wife have given approximately $7 million to the Texas Children Hospital and is also one of its trustees.

Keep Reading: Why Nabor’s CEO Won’t Top Best Paid Bosses Again in 2014

The Video Visitation App by Securus Technologies

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Christmas is always a special time for children. Most of them anticipate spending quality time with their parents and opening gifts. However, for children with guardians or parents in correction facilities, they find a difficult time to enjoy the holiday season. Many children never understand why they cannot be with their parents at such special time of the year. Taking them to correction facilities may raise more questions and result in a bad experience. Fortunately, Securus has introduced a new way for families to come together for the holiday season. It has achieved this through the introduction of a video visitation program.


Securus Technologies is a highly successful company that has centered its services in communication and technology. The company has its headquarters located in Dallas, Texas. The company was founded several decades ago to offer technology services to inmates in different parts of the country. The company recently announced that it would avail a new set of technology equipment. The technology would serve as an important part of communication. The technology was named Securus Video Visitation Program. It is a unique program that allows family members to visit their inmates through a video call feature. The program allows better communication between families during the festive season.


Apart from offering communication services in correction facilities, Securus has determined to improve investigations. The company has introduced several features that come with the video visitation program. It includes getting user id and photo when signing up for the program. The result is that many people that get to use the communication system have their information with the company. Securus also monitors the video visitation program. Anything that is said in the videos that could bring result in violence is usually noted.


One can access the video visitation technology by opening an account with the company. You can also make use of the company’s email system if you want. There is also the availability of a voicemail feature that comes with the program. The nature of flexible services that go with the company makes it possible to improve communication. Family members no longer have to worry about taking their children for long walks to correction facilities. I think that the video visitation program provided by the company is great. It seeks to improve family relationships and foster a better understanding between inmates and their families. More than one million people have benefited from the use of the communication facility.



New Chairman Takes the Helm at Capital Group with Huge Approval

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Tim Armour was recently elected Chairman of Capital Group, by its board of directors. Capital Group is one of globes leading investment management companies in existence. They are the home to American Funds. Tim was Chairman of the groups management committee and their research arm. Tim will continue as the leader of the firm’s management group to set business strategies going forward. The passing of Jim Rothenberg, the former Chairman, has called for rapid changes in recent positions within the firm.

Tim claims that it is the collective strength of Capital Group that has allowed the company to achieve its mission of providing superior, investment results to the company’s clients and investors. He has 32 years of experience in the investment industry, all of it with the company. He started out in the company’s Associate program and moved up to Equity Investment Analyst. He specialized in global telecom companies and the U.S. service companies.

Armour is pleased with the track record of the firm’s stock pickers. His philosophy is, “we will get you better returns over time.” This principal has brought him great success throughout his career in the investment industry. Tim believed in 2015, that the economy was not growing as it should be, and that the Federal Reserve was going to increase interest rates soon. He claims that near-zero rates will eventually become a major risk for investors.

Capital Group is based in Los Angeles, Ca. The firm manages over $1.4 trillion in assets. Before taking over as Chairman of the firm, Armour worked closely with Jim Rothenberg, on in-house research that shows the benefits of certain types of active fund management. The company has recently enjoyed improved long term results for many of its funds. Tim Armour claims that active managers can typically outperform the markets, with the right strategies.

At the end of 2016, Janet Yang, CFA said that Capital Group made a great choice by selecting Tim Armour as Chairman. She says he has the ability to see business needs and demands well in advance of them coming to market. This should be a great advantage to the clients of Capital Group.

Keep Reading: You Don’t Have to Settle for Average Investing Returns. Here’s Why