A Look At Oil Executive Anthony Petrello

Anthony, aka Tony, Petrello has been with oil industry giant Nabor Industries Ltd. since 1991 when he joined the company as its Chief Operating Officer.

In 1992 he also became the President of the company and now also serves as its Chief Executive Officer, Chairman of the Board, and Chairman of the Executive Committee. As of the fiscal year 2015 he was paid $27,633,602 for his multiple roles.

Anthony Petrello graduated from Yale University with both his Bachelor’s and Master’s Degrees in Mathematics. After he earned his J.D. degree from Harvard Law School he worked for the law firm Baker & McKenzie. He worked at this firm for 12 years, from 1979 to 1991, and from 1986 on was the Managing Partner at their New York City office. In addition to his career at Nabor Industries, Anthony Petrello serves with a number of other companies. In 2011 he became the Director of Stewart & Stevenson, LLC. He is also the Director of Texas Children’s Hospital, Inc. He is also the former Director of MediaOnDemand.com.

Nabor Industries is headquartered in Hamilton, Bermuda but operates out of Houston, Texas. The company has the largest land-based oil drilling fleet on the globe. They also supply offshore drilling rigs in the United States and in several other locations around the world such as Mexico and the Middle East. Additionally, Nabor Industries offers its tools, services, and technology to other drilling operators.

Petrello and his wife, Cynthia Petrello, had a baby daughter born in 1997 who was born prematurely at just 24 weeks. She suffers from PVL (periventricular leukomalacia) which causes a lack of oxygen to the brain, as well as cerebral palsy. Due to their newfound awareness of these diseases, they have given generously to the Texas Children’s Hospital which researches the causes of these diseases and possible treatments.

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