Lloyd Grove hardly pays attention to Associated Press’ annual ranking of the most paid CEOs in the United States. The former college roommate to Anthony Petrello says that his disinterest in the list is due to his poor knowledge of business and industry. He also notes that he had never planned to make the amount of money made by individuals in the list.
Grove is happy with his life given that the big difference in the amount of money that he makes and that the CEOs earn does not bother him. After all, it is of no use for him to re-examine his life and try to analyze the terrible life choices that he has made over the years. However, his disinterest in the list changed recently when he noticed a name similar to that of his former roommate, Tony Petrello. According to AP, Anthony G. Petrello had made about $68.2 million in that year. Petrello is the chairman and chief executive officer of Nabors Industries.
This news made Grove to conduct an online research on Nabors Industries, the world’s largest land based oil-and gas-drilling contractor. Through the research, he confirmed his doubts. It was indeed his former roommate. This discovery filled Glove with both pride and competitive anxiety. He had made the discovery that an old friend was more successful than he was.
In a recent interview, Grove went ahead to describe the Petrello that he went to school with: a skinny kid from a working-class family in Newark. Grove posited that he had a thick New Jersey accent and stood out among his friends and classmates.
Anthony Petrello is a revered American executive leader and philanthropist. He is the president of Nabors Industries LTD. Petrello joined the company in 1991 as a director before rising to become the deputy chairman in 2003. Before joining Nabors Industries, Tony worked as a lawyer. In 2011, Tony was elected to become the company’s president and CEO. Between 1991 and 2011, he served as the company’s COO. Petrello holds a law degree from Harvard Law School and a BS and MS in mathematics from Yale University.