Anthony Petrello is currently the CEO, president and chairman of the board of the land-based oil and gas drilling industry’s largest company, Nabors Industries Ltd. Petrello has been with the company since 1991 when he was hired as Chief Operating Officer. Over the years he has been promoted to positions of increasing importance. He became CEO in 2011 and board chairman in 2012. In 2015 Anthony Petrello’s compensation package from Nabors of $68.2 million made him America’s highest paid CEO. Not bad for a kid from a working class neighborhood in Newark, New Jersey.
Ever since he was in high school people knew Anthony Petrello’s Education was destined for greatness. He had a natural aptitude for math which he worked hard to develop and he ended up getting a scholarship to Yale. After earning his bachelor’s and master’s degrees in mathematics, he went on to get his law degree from Harvard Law School. Right out of law school Anthony Petrello was hired by the well-known and internationally respected law firm Brown & McKenzie. Petrello excelled at the law firm and was soon managing partner of their Manhattan office.
It was while working at Brown & McKenzie Anthony Petrello landed on Nabors Industries radar. One of the law firm’s biggest and most important clients, Nabors Industries was impressed by Petrello’s work and offered him a position with the company. In 1991, after 12 years with Brown & McKenzie, Anthony Petrello moved to Texas to work with Nabors Industries. His natural ability combined with his intelligence and work ethic eventually led to Petrello becoming one of the company’s top executives.
During his almost 27 years at Nabors Industries, Anthony Petrello has also used his talent and experience to help other companies. He has served as Stewart & Stevenson, LLC’s director since 2011 and is also one of MediaOnDemand.com’s directors. Anthony Petrello also did meaningful and consistent charitable work with Texas Children’s Hospital after his daughter was diagnosed with periventricular leukomalacia. That included donating $7 million to their Jan and Dan Duncan Neurological Research Institute. Texas Children’s Hospital, Inc. recently named Anthony Petrello director.