About Mr. Isenberg

Eugene M. IsenbergFrom Texas to Saudi Arabia and beyond, Eugene M. Isenberg left an indelible footprint on the oil and gas industry. Isenberg served as the Chairman of the Board, Chairman of the Executive Committee of the Board and Chief Executive Officer of Nabors from 1987 until 2011. During his 25-year tenure as our Chairman and CEO, Isenberg’s focused energy allowed him to guide Nabors from bankruptcy to a leading position as the world’s largest land driller. Today, as an S&P 500 company with an enterprise value of $9 billion, Nabors is but one of Isenberg’s many legacies.

Prior to Nabors, Isenberg served for many years as a member of the Board of Governors of both the American Stock Exchange and the National Association of Securities Dealers (NASD) which oversees the NASDAQ Stock Exchange. Isenberg also served as a member of the National Petroleum Council, which advises the US Department of Energy. From 1969 to 1982, Isenberg was Chairman of the Board and principal shareholder of Genimar, Inc. From 1955 to 1968, Exxon Corporation employed Isenberg in various management capacities.

Outside of Nabors, Isenberg’s ongoing commitment to education and philanthropy helped many people discover the path of possibility. He donated not just money, but also his time, to many charitable and educational organizations. He believed educational opportunities should be available to those less fortunate who had drive and determination – even if cost or access was an issue. Since 2009, the Isenberg Education Fund alone has provided scholarships to more than 300 deserving Nabors employees and their children.

Isenberg also served as President of the UMASS (University of Massachusetts) Amherst Foundation where he has endowed three professorships in environmental science, technology management and engineering at the university. The UMASS Isenberg School of Management was named in recognition of these contributions, as well as significant other contributions toward facilities and scholarships. Isenberg also established an endowed fund at Alaska Pacific University to support its health services administration program. Isenberg was the founding and continuing principal sponsor of the Parkside School for disabled children. He also generously supported Massachusetts General Hospital, LIFE Disabled Veterans, the United Way and the Energy Fund for Teachers.

Isenberg left a legacy of both professional leadership and personal service. Nabors’ 29,000 employees miss him dearly and will continue to honor his legacy every day.