Tony Petrello’s career has been one his greatest success. In 2015, he ranked as the highest paid CEO in the United States. Tony Petrello attributes many of his achievements to consistent hard work and applying creativity in all his endeavors. Besides, Tony Petrello is committed to giving back to society by helping children with neurological disorders. His life is worth emulating and admiration.
Tony Petrello was born and grew up in Newark and attended public schools. While at the high school, Petrello was famous for his math abilities. As a result, Yale University took notice and awarded him a scholarship and the opportunity to learn under the stewardship of Serge Lang, a brilliant author, professor, and mathematician. At Yale University, Tony Petrello became known for his strong sense of humor and outgoing personality. It is from Yale University that Tony Petrello met his beloved wife, Cynthia, a renowned soap opera producer, dancer, and a movie and TV actress.
Upon graduating from Yale University, Tony Petrello surprised many of his classmates and professors after deciding to pursue his career as a mathematician. Tony Petrello began his career in 1979 at Baker & McKenzie, an accomplished American law firm. Here, he would specialize in business law, specifically arbitration and taxation. He became a managing partner of Baker & McKenzie’s New York division in 1986. It is at Baker & McKenzie that Tony Petrello met a client by the name Nabors Industries, a premier global oil and natural gas contractor. As a result, managers at Nabors Industries felt impressed by Petrello’s efforts and decided to hire him as the Chief Operating Officer in 1991. In the same year, Petrello was appointed to the Board of Directors of Nabors Industries. A year later, he became the company’s president.
Tony Petrello’s achievements as Nabors Industries President and Chief Operating Officer were undeniably helpful in propelling the company to success. For example, Petrello led Nabors Industries in a successful acquisition of Grace Drill in 1993. In 2010, he initiated the acquisition of Superior Well Services. Besides his role at Nabors, Tony Petrello serves as a director at Hilcorp Energy Company and MediaOnDemand.com.
Over time, Tony Petrello has leveraged his business acumen to help raise money for charitable initiatives. He is passionate about helping children living with neurological disorders. He donated $7 million to the Texas Children’s Hospital to aid in the construction of a complex dedicated to pediatric neurological care.
Learn More: www.nabors.com/about-nabors/leadership-team