Anthony Petrello’s Journey to Successful Career at Nabors Industries
Nabors Industries is under the able leadership of Tony Petrello. Anthony Petrello studied at the Harvard University where he pursued a degree in Juris Doctor in the school of law. He also went to Yale University where he did an M.S and B.S degree in Mathematics.
Tony’s career started in 1979 when he joined Baker and McKenzie law firm. Between 1986 to 1991, he served as a Managing Partner of the company. Anthony joined Nabors Industry in 1991 as the chief operating officer, and one year later, he became the president of this leading global drilling frim. In 2011, Mr. Petrello took the role of the Chief Executive Officer of Nabors Industries and worked as the deputy chairman of the company’s board until 2012 when he was made the chairman.
Lloyd Groove was shocked to discover that his college roommate ranked the highest paid CEO in the US. In his article, Lloyd says that Tony, who was a public school scholarship boy, was a mathematics whiz at only eighteen years of age. He remembers that Tony had a sense of humor back then.
Anthony and his wife, Cynthia, have a daughter, Carena. Carena was born at 24 weeks, weighing 20 ounces. She was diagnosed with periventricular leukomalacia, a neurological disease in premature infants that is caused by lack of oxygen to the brain. Carena developed cerebral palsy and developmental delays. The condition of their daughter led the couple to be involved in finding a solution that will enable Carena and other children with the same condition to live a normal life.
Cynthia and her husband work with the Texas Children’s Hospital’s Jan and Dan Duncan Neurological Research Institute to find the solution for their daughter’s state. They donated $ 7 million. The research was made to determine why children like Carena could not reach their potential and at the age of 8 years.
Anthony did not feature as the top best-paid bosses in 2014 because he gave the shareholders the right to elect anyone with at least 5% stake in the company to its board of directors, thus, reducing his earnings. Anthony’s total compensation as of FY2015 was $27,512,939.
Tony Petrello has other board memberships. For instance, he served as the director of Steward and Stevenson LLC and a director to MediaODemand.com. He is currently the director of Texas Children’s Hospital.
About Nabors Industries
Nabors Industries Ltd was known as Anglo Energy Ltd in 1968 when it was established. Globally, the firm is the largest land driller with about five hundred rigs in more than twenty-five nations. This worldwide S&P 500 oil, natural gas, as well as geothermal drilling contractor on land is located Hamilton, Bermuda. Nabors Industries inspires employees to work as a team, producing products and services of high quality.
Learn More: en.wikipedia.org/wiki/Nabors_Industries