Mr. Anthony Petrello, popularly known as Tony Petrello is the current Chairman, President and Chief Executive Officer of both Nabors Industries Ltd and Nabors Industries Inc after succeeding Eugene Isenberg in 2011. Tony Petrello’s career has been nothing short of enviable. One could hinge his success on a rare academic background combination of mathematics and law.
He got both first and master’s degree in mathematics from Yale University. Thereafter he shocked a lot of his University colleagues and the late Prof. Serge Lang, his mathematics mentor by opting for a degree in Law. Considering his success now, one can only say he took the right decision.
Tony Petrello was the highest paid executive in 2013 and would have repeated the feat in 2014 if he didn’t get a 10 percent pay cut. Tony cut his career teeth as a consultant in the office of the Attorney General Massachusetts. Thereafter, he worked in several positions in Baker & Mckenzie LLP.
Considering his impressive performance, he was given an additional responsibility. He became the Deputy Chairman of the company in addition to the other two executive positions he held. Currently, Mr. Tony Petrello is the Chairman, President and Chief Executive Officer of both Nabors Industries Inc and Nabors Industries Ltd all at the same time. No wonder he is among the highest paid executives in the world.
He has been a board member and he is still a board member of several notable organizations on FuelFix.com. Nabors Industries, the company where Tony Petrello is at the helm of affairs, is an oil drilling company that was established precisely in 1968. Even though it has a presence in over 25 countries, its head office is in Hamilton, Bermuda. Nabors Industries is about the only company in the world that can boast of over 500 oil rigs scattered across the globe.
At 18, Tony Petrello was already a mathematical genius in college. This was why Prof. Lang adopted him as a protégé. Tony eventually got married to Cynthia Carrafa, his college girlfriend. She is also a success at what she does. Cynthia Carrafa is a soap-opera producer and actress who has created several award winning movies. Despite his number of responsibilities, Tony manages to create adequate time for his family.
Even though his career is very impressive, Tony Petrello did not have everything going smoothly for him. His daughter Carena, was diagnosed with periventricular leukomalacia at just 24 weeks. This neurological medical condition on LinkedIn is caused by either inadequate oxygen or inadequate blood flow to the brain. This condition usually leads to cerebral palsy. This disease delays all forms of development in kids. So, Carena had to learn out to chew, talk and walk much later than normal children.
The bid to find the cure to cerebral palsy has led Tony and Cynthia into philanthropy. They have committed a total of $7 million and also spearheaded several fundraising efforts for relevant research initiatives at http://www.nri.texaschildrens.org/give_gift/leaders_giving/cynthia_tony_petrello.aspx. He believes these research initiatives will be of utmost benefit to Carena.