Anthony Petrello, also known as Tony, began his career as a lawyer. From 179 to 1991 he worked for the New York law firm Baker & McKenzie, serving as the Managing Partner as of 1986. In 1991 he joined Nabor Industries, Ltd. as the company’s Chief Operating Officer. In 1992 he added the title of President. Today Tony Petrello is Nabor Industries Chairman of the Board, President, and Chief Executive Officer.
Nabor Industries is the world’s largest land-based driller. The company drills for oil, geothermal, and natural gas. Additionally, Nabor Industries provides rigs and technology to off-shore drilling companies around the globe. Before Tony Petrello joined the company it had been struggling, and in 1984 had declared bankruptcy. His leadership turned the company around and it has been profitable ever since. Due to his success, he has been greatly compensated, including earning $27.66 billion in 2015.
As the top executive at Nabor Industries, Tony Petrello oversees the company’s international operations. The company, operationally located in Houston, Texas, as oil field drilling rigs located across the United States, Canada, the Middle East, Africa, and the Far East. In just the United States, Nabor Industries operates 610 drilling operations, and 190 rigs in Canada.
Tony Petrello is also the director of another oil industry firm, Stewart & Stevenson, LLC. He is also the Director of MediaOnDemand.com and Texas Children’s Hospital, Inc. He became involved with Texas Children’s Hospital after his daughter, Carena, was born with cerebral palsy. Tony and his wife, Cynthia, have also donated $7 million to the Jan and Dan Duncan Neurological Research Institute which researches cerebral palsy and therapies that can help people who have the disease.
Learn more about Tony Petrello: http://www.thedailybeast.com/articles/2014/05/30/my-college-roommate-is-now-the-richest-ceo-in-america.html