While many know Anthony Petrello for his successful career in the oil and gas industry, his life was not always a bed of roses.He grew up in Newark, New Jersey and his upbringing had a strong impact on who he is today. The values of honesty, integrity and hard work were instilled in him at a very young age, and they are part of the reason why Anthony Petrello is so successful today.
Petrello’s parents lived from hand to mouth but made sure they provided him with all he needed to excel in life. They took education seriously and encouraged Petrello to make the best of whatever little they could provide. Petrello was a brilliant young boy and showed great potential. He especially enjoyed mathematics and was very good at it. His determination earned him a full scholarship to Yale University where he studied mathematics. Even there, with brilliant minds from all over the U.S. and other countries, he stood out as a top performer. He later went to Harvard Law School where he studied human sciences.
After school, Tony Petrello did a number of odd jobs before finally landing a job at Nabors Industries. He became the CEO after working with the company for almost 30 years. Such dedication and commitment is not easy to come by. Anthony is one of the highest paid CEOs but unlike other business leaders whose incomes are unaffected by the performance of their businesses, a big percentage of his income is dependent on the company’s performance. This is part of his commitment to recommended corporate governance best practice, and it is one of the reasons why Nabors is doing so well under his leadership. Since 2011 when he became the CEO of Nabors, the company’s share price has almost tripled, making it one of the leaders in the oil and gas industry.
While Tony Petrello knows that his discipline and commitment are the main reasons why he has had such a successful career, he does not fail to recognize the sacrifices of everyone who helped him through his journey, right from his parents to his teachers, friends and colleagues. Even with all his achievements, Anthony does not rest on his laurels but continues to aspire to greater things. Petrello is also passionate about giving back to the community, and he and his wife often make donations to various philanthropic organizations. He has truly set the bar high for other business executives.