Tony Petrello is the chairman, president and CEO of Nabors Industries, one of the world’s largest land based oil and gas drilling companies. He has been with the company since 1991.Petrello has a bachelor’s and a master’s degree in mathematics from Yale and a juris doctor from Harvard Law School. He had been a valued, fast-rising attorney at the prestigious New York law firm Baker & McKenzie where he served as managing partner of their Manhattan office from 1986 until 1991. It was at that point the Nabors Industries, one of Baker & McKenzie’s most important clients, offered him a position.
A Newark, New Jersey native, Tony Petrello was consider a math whiz in high school. Most people expected he would do great things in the field. Almost everyone was surprised when he decided to go to law school. But that turned out to be a wise decision. It put him on a path that led him to the position at Nabors Industries. In 2015, the oil and gas giant paid Tony Petrello almost $70 million in salary, making him the highest paid CEO that year.
When Tony Petrello’s daughter Carena was born with cerebral palsy, he any his wife Cynthia donated $7 million to Texas Children’s Hospital to help them found a first-of-its-kind neurological research institute. He has remained personally committed to leading fundraising efforts for the center and it is doing groundbreaking work and improving the quality of life for countless children suffering with serious neurological conditions.
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