One of this college roommate, Lloyd Grove, mentioned him as an oligarch in the corporate world, and many of his colleagues know him, Tony. However, the world knows him as Anthony Petrello or simply Tony Petrello who is now serving as the Chairmen and CEO of Nabors Industries, one of the biggest companies in the USA. In addition to this, we also know him as one of the highest paid bosses in America. But Tony is more than an executive; he is an intuitive strategist, a legal expert, a philanthropist in heart and an inspiration to all executives in the country.
Anthony Petrello is mostly known for his leadership roles in Nabors Industries which is one the leading natural gas, oil and geothermal drilling contractors and one of the leading support service providers for offshore and onshore oil drilling and well-servicing operations in the world. This company has more than 30,000 employees, and its annual revenues are counted in billions. He has been working with Nabors Industries since 1991 on salary.com when he was appointed to its Board of Directors. He became the Deputy Chairman of Nabors Industries in 2003 and 2011 he became the President and Chief Executive. Since the beginning, he has been leading this company with administrative support and strategic directions. After the resignation of his predecessor, Eugene Isenberg, Tony, along with a team of seasoned board members has played a vital role in keeping Nabors Industries on the top.
Along with Nabors Industries, Tony is also on the top at this moment. He was mentioned as the “Top Paid Bosses in America” in 2015 when his total compensation package on linkedin.com was reported at $27,512,939 after recent changes in Corporate Governance and Compensation practices in this company. Due to the previous restrictive practices, Tony couldn’t make it to the list in 2014. But now everything seems OK for this man.
Before joining Nabors Industries, Anthony Petrello also served in a law firm called Baker & McKenzie from 1979 to 1991. He became the Managing Partner of this firm in 1986 and resigned from here to join Nabors Industries in 1991. He is also a Director of Stewart & Stevenson, LLC since 2011. He attended Harvard Law School to complete his J.D. degree and he also has an M.S. degree in Mathematics from Yale University. As a student, he was bright, outspoken and had a keen interest in mathematics. See: http://www.bloomberg.com/research/stocks/private/person.asp?personId=290691&privcapId=290681
Apart from business, Tony is also involved with some social causes. He is married to a soap-opera producer and actress named Cynthia Carrafa. The couple has a daughter named Carena who was born premature and diagnosed with PVL cancer (Periventricular Leukomalacia). This reason has driven his philanthropic focus towards health, and he has donated almost $7 million of seed fund to a neurological research center at Texas Children’s Hospital. He is also actively involved with Texas Children’s Hospital as a member of the Board of Trustees.