Tony Petrello grew up in Newark, New Jersey, and when most people hear that he came from a humble background, they are surprised. To say he has had a successful career would be be selling him short, because he is one of the highest paid CEO’s in the United States. As a philanthropist, he also gives plenty back to his community, his home state, and the world at-large. Some of his donations have gone to help children who suffer with neurological disorders, and he also stepped up in a big way during Hurricane Harvey to help those who were in desperate need.
Tony Petrello was a hard-working individual as a younger guy, and he excelled in math during his high school years. He attended Yale University on a scholarship and was able to work with the well-known mathematician Serge Lang. Petrello met his wife, Cynthia, while going to the college and decided he wanted to pursue law instead of getting a degree in mathematics. He did finish up his Bachelor’s Degree and Master’s Degree while he was at Yale, and then he moved on to study at Harvard Law School where he graduated from in 1970.
Tony Petrello started out his working life at Baker & McKenzie, a law firm located in the United States, and while he was there, he focused on taxation and arbitration and business law. Eventually, he move up to serve as a managing partner of the company’s New York division. One of his clients at Baker & McKenzie was Nabors Industries, and this was a crucial meeting, because later on in his life, he became the CEO of this company. During the 1980’s; however, he serviced the Nabors account. The company was so happy with the work he did for them that they immediately went to work trying to hire him on. It was a bit later on that Petrello left Baker & McKenzie to work with Nabors Industries as an executive. He moved to Texas during this time and has lived there ever since.
Tony Petrello became the President of Nabors Industries in 1992 and began to make big moves immediately. He was the major part of a $32 million purchase of Grace Drilling, and he made plenty of money for the company in other ways, too. In 2011, he became the Chief Executive Officer, Chairman of the Board, and Chairman of the Board’s Executive Committee.
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