Tony Petrello is CEO, President and Chairman of the Board of Governors at Nabors Industries Ltd. The business initially was called Anglo Energy when it started in 1968. The Hamilton-Bermuda based firm is the most significant oil, geothermal and natural gas drilling contractor in the world. The company operates in more than 25 nations across the US, Asia, Middle East and Africa. Tony, the CEO, has been pivotal in the firm’s journey to success.
He was born in Newark, New Jersey. Tony has a J.D. degree which he got from Harvard Law School. He also holds a Bachelor of Science degree in Mathematics from Yale University. Besides, Tony also has a Master’s of Science in Mathematics from the same institution. He began his career in 1979 at Baker & McKenzie, a law firm. He then proceeded to work as a Managing Partner of the law firm’s office in New York.
He left this job and moved to Houston where he joined Nabors Industries in 1991 as the Chief Operating Officer. He continued excelling and rose to the position of Deputy Chairman of the Board in 2003. He became CEO and President in 2011 and had the title Chairman added to his name in 2012. Tony also serves as the Director of Stewart & Stevenson, LLC and even the present Director of Texas Children’s Hospital.
Tony’s leadership has seen Nabors Industries establish itself as an unmatched leader in the Oil industry. Though the industry has faced changes over the past decades, Tony has used his brilliance to design powerful strategies to adapt to new conditions. He was brilliant in Mathematics even as a teenager. He has combined this with his studies at Yale University and can make complex decisions that have been crucial to propelling Nabors Industries to the top.
Tony is a philanthropist and has shown dedication towards uplifting the lives of the Texas community. Tony and his wife, Cynthia, announced a $5 million advance grant to Texas Children’s Hospital’s Neurological Research Institute. They also pledged an additional $2 million to the research facility shortly. The couple’s eight-year-old daughter, Carena, was born with a neurological disorder and developed cerebral palsy. They are therefore very committed to finding a cure for all neurological disorders. The donation will go a long way in ensuring kids get advanced treatment options from leading specialists. He has also donated $150 million to Yale University where he studied.