Anthony Petrello became CEO of Nabors Industries after Eugene Isenberg stepped down after nearly 20 years at the helm. Petrello is admired and recognized as a powerful figure in the oil and gas industry as well as a respected philanthropist in the Houston community. Nabors Industries specializes in providing a broad range of services in innovative technologies, offshore drilling rigs, directional drilling services, and performance tools both in the United States and globally. Listed as NBR in the New York Stock Exchange, Nabors employs highly skilled workers on Bloomberg who successfully collaborate with the industry’s technologically advanced drilling machinery.
Before working his way up to managing partner of the prestigious Baker & BcKenzie from 1979-1991, Anthony Petrello went to Yale University to earn his B.S. and M.S. in mathematics followed by Harvard Law School to receive his J.D. degree. Specializing in international arbitration, taxation, and general corporate law, Petrello did extremely well and brought in a lot of knowledge and experience into Nabors Industries in 1991. Joining the Board of Directors and Executive Committee, he took on many roles with the company: President and Chief Operating Officer (1991-2011), Deputy Chairman (2003-Present), President and Chief Executive Officer (2011-Present), and Chairman of the Executive Committee Board as well as Chairman of the Board (2012-Present). Additionally, Petrello made time to assist and mentor with initiatives involving strategic planning and direction. Source: http://www1.salary.com/Anthony-G-Petrello-Salary-Bonus-Stock-Options-for-NABORS-INDUSTRIES-LTD.html
Outside Nabors Industries, Petrello is equally admired and lauded for his commitment to philanthropy and charitable causes. Greatly invested in funding medical issues and providing copious financial support to the medical community, Petrello is specifically an advocate for children’s health On Wikipedia.org. Petrello and his wife, Cindy, who are college sweethearts, were unfortunately given sad news about their daughter’s health at birth. Born early, at just 24 weeks and weighing a little over a pound, doctors broke the news that Carena was diagnosed with periventricular leukomalacia or PVL. Common among premature babies, this is a problematic disease that does not allow blood and oxygen to flow properly to the brain, causing significant neurological issues; in this case, Carena developed cerebral palsy, giving rise to problems such as chronic motor skill impairment, developmental delays, and dependency on someone for life.
Despite being given the tough news, Anthony and Cindy Petrello were resilient and sought to help other families that also faced similar tragedies. Committed to learning about the neurological disease and offering help, they gave nearly $7 million to the Texas Children’s Hospital’s Jan and Dan Duncan Neurological Research Institute. Not only is Tony Petrello involved in the financial support and advocacy for children with severe impairments and needs, but he is also a member of the Board of Trustees at the hospital.
Former freshman roommate, Lloyd Grove, had nothing but great things to say about Petrello, referring to him as a bright and hardworking student in college and one who has remained humble despite his skyrocketing success. Anthony Petrello, despite having accomplished so much in life professionally and personally, attributes luck over being smart for his endeavors and successes.