Anthony Petrello; His Hard Road to Success
Tony Petrello went to school at Harvard University and also at Yale University. While at the universities, Tony Petrello earned his J.D. degree from the School of Law and Bachelor of Science in Mathematics, earning dual degrees. Tony Petrello legal career started in 1979 when he joined the Baker and McKenzie law firm. By 1986, Petrello had become a managing partner of the firm’s operations in the New York offices.
Petrello did not come from rich family. Petrello grew up in a working-class Italian family. As a young man, Petrello learned there are no shortcuts to success. With Newark’s hard-working community attitude, Petrello learned the valves of honesty and integrity quickly.
As Petrello learned to read, he started reading college textbooks at a young age. He would study these textbooks for hours each day. As a child, he mastered differential calculus, and as a teenager had developed the intelligence comparable to that of a professional physicist.
Petrello would study late into the hours to ensure a profitable future for his family. By Petrello’s eighteen birthday, his diligence to his studies paid off when Yale University awarded Petrello a full scholarship.
Tony Petrello started his career at Nabors Industries as Chief Operating Officer in 1991. Within one year of being Chief Operating Officer with Nabors Industries, Petrello became president of Nabors Industries. In 2011, Petrello was named CEO of the company.
Nabors Industries is one of the largest gas drilling contractor globally. The company’s operations cover the major areas of the United States, the Far East, and the Middle East.
In 2015, Petrello total compensation for 2015 while working as CEO of Nabors Industrie was $27.512,939. Petrello received $1.580.077 in salary, a bonus of $7,727,000, stock options totaling $16,863,656, and other compensation of $1,342,206. Petrello income depends on the revenue of Nabor Industries. If Nabors Industries revenue fails, so does Petrello salary, bonuses, and stock options with the company.
Tony Petrello Other Interests
Tony also serves as director of Stewart and Stevenson, LLC., and the Hilcorp Energy Company. Tony personally gives back to the community that has supported him through the years. Pertello and his wife provide millions of dollars to charitable causes each year.