ANTHONY PETRELLO: AT THE HELM OF NABORS INDUSTRIES LIMITED
In 2015, Anthony Petrello was one of the highest paid CEO’s in America. This didn’t happen just out of sheer luck but rather because of the hard work that the CEO of Nabors Industries Limited puts in his job.
Apart from his natural born leadership and entrepreneurship skill, Tony Petrello is also a philanthropist who seeks to make the human race better. Through his work with the Texas Children’s Hospital where he also sits on the board, Tony’s charitable contributions have ensured that the hospital’s research on neurological disorders in children continues swiftly. The Nabor’s Industries Limited CEO comes from a very humble background, and he spent his youth in New Jersey, Newark.
The philanthropist attended normal public schools. However, his marvelous mathematical abilities could not be overlooked by everyone in his neighborhood. Therefore, it was natural that an Ivy League University will notice his exceptional mathematical abilities. Soon enough Yale came beckoning with a scholarship to study in the campus under the tutelage of Serge Lang who is an incredible professor, mathematician, and author.
Apart from sharpening his mathematical skills, Yale also managed to shape Tony Petrello in various other ways. It is here that his remarkable humor and astounding outgoing personality was also realized. It is also during his campus days that he met his wife, Cynthia. Due to his astounding mathematical skills, many people were surprised that Tony Petrello didn’t venture into the mathematical field.
After graduating from Yale with a master’s and bachelor’s, Petrello surprised his colleagues and professors by enrolling at Harvard’s Law School. Nonetheless, he went on to graduate from the institution, and in 1979 he joined a renowned law firm. During his tenure at Baker & McKenzie, Tony Petrello focused on business law with a specific interest in arbitration and taxation.
After working for the law firm for seven years, Tony Petrello became the New York’s division managing partner.
It was during his tenure at the law firm that he first worked with Nabors Industries Limited. Due to his amazing analytical skills and efficient delivery, the managers of Nabors were attuned to hire Tony. In 1991, Tony first started working for the renowned oil and gas drilling company as a Chief Operating Officer. After a year he made it to the company’s President’s seat. Concurrently he was on the executive committee of the board and the board of directors. In 2011, Tony eventually made it to the top job when he was appointed the CEO of the company. The following year he was appointed the board chairman and the board executive committee chairman.
Tony Petrello has been able to deliver diligently for Nabors Industries by making remarkable deals. These deals include the purchase of Grace Drilling which brought the company over thirty million dollars. In 2010, he was also to bring Superior Well Services under Nabors. These are just some of the remarkable strides that he has been able to make during his tenure at the gas and oil drilling company.