How Tony Petrello Went From A Working Class Family To Heading A Huge Oil Company

Tony Petrello lives and works in Houston, Texas. He is the chairman of the board Chief Executive Officer and president of Nabors Industries, Ltd. (sometimes also referred to as Nabors Drilling). The company he oversees was founded in 1968 as Anglo Energy, Ltd. He joined this company as a top executive in 1991 after having been working as a New York City lawyer for several years.

He was born in a working-class neighborhood in Newark, New Jersey. He now runs the biggest land-based drilling company in the world. As a philanthropist he has also found a way to pump hundreds of millions of money into neurological disease research. He is one of the best paid CEOs in America, earning total compensation in 2016 of $15.2 million. It is said that he is very talented when it comes to math as well as managing people and very much has a willingness to work hard. He has used these abilities to both manage Nabors Industries as well as to help children who have neurological disorders.

When he was growing up Tony Petrello went to public school. He became really amazing at math which garnered him attention from his teachers and fellow students. This led to a scholarship offer from Yale University where he learned from one of the giants in the world of math, Serge Lang. After graduating from Yale, earning both a bachelor and master’s degree in mathematics, he decided to pursue law degree instead of continuing his math education. He graduated from Harvard Law School and joined Baker & McKenzie in New York.

It was when Tony Petrello was working at this law firm that he had a new client, Nabors Industries. They were impressed with his knowledge and work ethic and managed to hire him away from Baker & McKenzie. He made fateful decision to accept the offer and move out of the Northeast and to Texas.

Beyond his work and philanthropy, he keeps busy in other ways. Tony Petrello serves on the board of Texas Children’s Hospital, for example. He was also once the director of the executive committee for Stewart & Stevenson. He was also once the director of the board for MediaOnDemand.com which offers video-on-demand services to consumers. Additionally, he is presently the director of the board for Hilcorp Energy Company which is the biggest privately-owned oil drilling company in the nation.

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