You may have probably not heard about Tony Petrello. He is the current CEO at Nabors Industries. His story is one of very humble beginnings. He was born in Newark where Tony Petrello had unique math abilities. After high school, Yale University recognized him and they offered him a scholarship to enroll at the institution.
He went on and graduated with a Bachelor of Science in Mathematics and later on he acquired a Masters of the same. He did not pursue a career in Mathematics, but instead, he went to Harvard Law School where he graduated with a Juris Doctor.
Tony’s Career Life
He started off at Baker & McKenzie in 1979 which was a law firm whose primary specialization areas were taxation and corporate law. In 1986, he rose up the ranks to become managing partner. His resignation came in 1991 where he shifted to Nabors Industries which is a natural gas drilling company founded in 1968.
When he was hired, he became the Chief Operating Officer. The company recorded growth from the minute Tony Petrello was appointed. The stock price rose tremendously, and the company has been able to issue shares steadily. The company is involved in manufacturing rig instrumentation equipment.
So far, under Tony Petrello, Nabors has been involved in a series of acquisitions. On August 2017, the company was involved in the acquisition of Tesco Corporation as well as Robotic Drilling Systems. The company is involved in operating in around 25 countries across the world.
Inspiration Behind The Texas Children’s Hospital
Ever he and Cynthia, his wife, got a daughter (Carena); they discovered that she suffered from a neurological condition, periventricular leukomalacia since her early birth at 24 weeks. They searched tirelessly for cure for their daughter all over. Their breakthrough came just where they lived, Texas. It was at Texas Children’s Hospital that they found help.
After the discovery, they came into agreement with Cynthia that kids with similar conditions as their daughter needed a place with constant research. This brought them towards their contribution towards a research instituted that was constructed at Texas Children’s Hospital.
Tony Petrello is a generous leader and has over the years developed relationships with other influential people who have joined in his philanthropic activities. He is naturally a giving person and his hard work has seen him have a successful career.
Tony observes strong work ethics which has contributed towards his rise in business. He has even topped the list for being one of the highly compensated CEOs in the U.S.