Anthony Petrello has been the CEO of Nabors Industries since 2012. He is also a member of the Texas Children’s Hospital Board of Trustees. Petrello is considered to be one of the most powerful men in the oil and gas industry. He has been in the industry for over 25 years and has held several key leadership positions. Anthony Petrello is also lauded for his philanthropic work in the medical community.
Anthony Petrello earned his B.S. and M.S. degrees in Mathematics from Yale University. In 2014, Petrello’s former college roommate, Lloyd Grove, gave an account of Petrello’s college personality in the Daily Beast. Grove describes him as a skinny scholarship kid from a working class family. He goes on to describe Petrello as a self deprecating extrovert with a great sense of humor. Grove concludes his article by describing Petrello as a “wicked-smart math whiz”.
After completing Harvard Law School, Petrello would go to work for the law firm Baker & McKenzie. He would specialize in international, arbitration, taxation and corporate law. Petrello would stay with Baker & Mckenzie for 12 years. He would resign five years after becoming managing partner to take an executive position with Nabors Industries.
Nabors Industries is a oil, natural gas and geothermal drilling contractor. They provide a myriad of services from providing offshore rigs to providing support services. They also make drilling drives and directional drilling systems. Anthony Petrello would serve as President and Chief Operating Officer from 1991 to 2011. In 2012 he would become Chief Executive Officer. Petrello has used smart strategic planning to drive the success of Nabors Industries. Anthony Petrello’s success can be best illustrated by him being awarded a $27 million compensation package in 2015.
Anthony Petrello has had his share of Adversity. His daughter, Carena, was diagnosed with periventricular Leukomalacia after experiencing a premature birth. As a result, Petrello has become proactive and has offered his services to Texas Children’s Hospital. Not only has he given almost $7 million to the cause but he serves on the hospital’s Board of Trustees.