Anthony “Tony” Petrello, CEO of oil drilling giant Nabors Industries Ltd is no stranger to success. In a 2014 Daily Beast article, former college roommate Lloyd Grove describes Petrello as a “wicked-smart math whiz” who came from a working-class New Jersey family.
After earning both his bachelor’s and master’s degrees in mathematics from Yale, Anthony Petrello decided to pursue a law degree from equally prestigious Harvard University. A 12-year career with corporate law firm Baker and McKenzie led to an offer from Nabors, one of the firm’s clients. Petrello began as Nabors Industries’ chief operating officer in 1991, and is currently the CEO and president, as well as serving as chairman of the board. His total calculated compensation for 2015 exceeded $27.6 million.
Petrello has also been able to turn personal adversity into something positive. Anthony Petrello and his wife Cynthia’s daughter Carena was born prematurely with the neurological disorder periventricular leukomalacia, which developed into cerebral palsy as she grew up.
This inspired the Petrellos to become involved in the search for a cure for childhood cerebral palsy. Together they have donated $5 million to the Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital (of which Anthony Petrello is a board member), with a commitment to donate $2 million more. Anthony Petrello’s success story, backed by hard work and determination, is definitely one to follow.
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