Anthony Petrello, also called Tony Petrello, is one of the country’s most successful Chief Executive Officers. He holds the top position at Nabors Industries, which is a leading natural gas and oil drilling contractor that operates in the U.S., as well as in Africa and the Middle East and Far East. The company has its base in Houston, Texas, with an additional operation in Bermuda. It is one of the top providers of offshore drilling rigs both domestically and internationally.
After graduating from Harvard Law School with a J.D. degree, and from Yale University with both a B.S. and M.S. degree in Mathematics, he began his professional career in 1979 as a Managing Partner at a New York law firm called Baker and McKenzie. He later gained employment at Nabors Industries and became the company’s President in 1991. By 2011, he was its CEO and Chairman, and since then, he has managed to substantially increase the company’s financial growth, as well as its influence all over the world.
Tony Petrello is also a philanthropist who donates funds to research facilities and hospitals. He was inspired to fund research for neurological diseases after his first daughter, Carena, was born with the neurological condition known as cerebral palsy. In an attempt to help her get the kind of treatment she needed, he traveled to many destinations all over the globe in search of a medical facility that could adequately address her congenital defect.
One of the largest monetary donations he made was to the Neurological Research Institute. Because of his generous contribution, the organization was able to open up and begin their research efforts on neurological diseases in 2010. The research institute is a part of Texas Children’s Hospital, where Tony Petrello is a member of the Board of Trustees. Another one of his philanthropic offerings is an endowment that he set up for students who attend Yale University and are highly proficient in the subject of Mathematics.
The talented entrepreneur grew up in a working-class section of Newark, NJ, and was granted a full scholarship to Yale because of his exceptional mathematical skills. He is considered to be a fair businessman who cares about how employees are treated. The success he’s had while working at Nabor Industries, which was founded in 1952, is a good example of his excellent leadership abilities.
Tony Petrello lives in Houston, Texas with his wife, Cynthia, who has had a career in the entertainment industry. The 62-year-old businessman continues to raise money for, as well as donate money to, charitable and research organizations. When it comes to what he thinks has made him so successful in his business endeavors, he feels that it’s just good fortune.
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