Anthony Petrello: Business Driller Extraordinaire

Anthony G. Petrello, sometimes referred to as Tony, is the Chief Executive Officer of Nabors Industries. The 61 year-old has held the position since 2011 and President of the company since 1992.

Before, he worked for the Baker and McKenzie law firm from 1979 to 1991 where he practiced law and was good at it. All this was thanks to his B.S. and M.S. degrees in Mathematics from Yale University and most importantly his J.D. degree from Harvard Law School.

Being at Nabors Industries, Anthony Petrello is tasked with main operations and planning. The company provides oilfield services from land and offshore drilling to even performing directional drilling. They are able to design their own software and technology that they construct and provide their own equipment so that they can accelerate operations quickly. This leads to Nabors Industries paying their employees a really nice salary. The company files with the SEC and in the 2015 financial year, Petrello has received a total amount of $27,512,939 which was a combination of his salary, bonus, and stock.

Even though he is the top executive at Nabors Industries, he closely looks after his daughter Carena who was born at 24 weeks with Periventricular Leukomalacia. This condition is caused by lack of either blood or oxygen to the brain. Petrello was determined to find the best pediatric research hospitals and so he found Texas Children’s Hospital where he donated $5 million dollars that was utilized for similar conditions that Carena has and continues to strive so that no other parent has to suffer.

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1 thought on “Anthony Petrello: Business Driller Extraordinaire”

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