Anthony Petrello: From A Working-Class Background To Highest Paid CEO

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Newark, New Jersey native Anthony Petrello is Nabors Industries president and CEO. The Houston, Texas based company is among the largest gas and oil drilling contractors in the world. Many people were surprised Petrello became involved in the energy industry.

As a teen he was a math whiz and most expected him to have a brilliant career in academia. He won a scholarship to attend Yale University where he earned bachelor’s and master’s degrees. He then attended Harvard Law School and after getting his Juris Doctor he practiced law with the respected Manhattan, New York law firm Baker & McKenzie.

Nabors Industries was one of Baker & McKenzie’s most prominent clients and the were aware of the high quality work Petrello was doing. In 1991 Nabors offered Petrello a job as their chief operating officer and president. In 2003 he was promoted to deputy chairman and in 2011 he became Nabors Industries president and Chief Operating Officer. Today he is chairman of the board, president and Chief Executive Officer of Nabors Industries. He’s also director of Hilcorp Energy Company and Stewart & Stevenson LLC. He provides them with operating functions as well as direction and strategic planning initiatives that have helped them to prosper.

A husband and father, Anthony Petrello is married to actress and producer Cynthia Petrello. The two had been dating since their college days. They also have a daughter named Carena. Carena was a premature birth and doctors diagnosed her with cerebral palsy. Anthony Petrello jumped into action and donated $7 million to fund a neurological research center located at Texas Children’s Hospital. He has continued to support the hospital and a number of other philanthropic causes. He is currently Texas Children’s Hospital Incorporated’s director. Petrello has also been director of

Anthony Petrello is an example of someone living the life many Americans dream about. He was raised in a working-class neighborhood, yet through his talent, hard work and good use of the opportunities presented to him he’s now a rousing success. He has had the good fortune to study under noted mathematician Professor Serge Lang. He has also made the best of his chance to work with the world’s largest land-based gas and oil drilling contractor. He has provided the company with innovative ideas and the highest quality leadership. In 2015, the Associated Press said he earned $68.2 million and was the highest paid CEO.