Today, Tony Petrello is best known for his successes at the helm of Nabors Industries, the largest global oil exploration and mining firm. His success here saw him make the cut for America’s top-paid Chief Executive Officer for the year 2015. From humble beginnings to a global business leader, Petrello’s life story is amazing.
The young Tony can be described as a good boy and a remarkable student. He was raised in New Jersey’s Newark neighborhood and attended public schools around the area for his early education. He made a name for himself early on in high school for his mathematics prowess. Yale University followed soon after. He was offered a mentorship opportunity with Serge Lang and an educational scholarship at the university. Serge Lang was a world-renowned mathematician with numerous contributions to field. This is how Tony Petrello made his first step in his long journey to greatness. He attained both a Bachelor’s degree and a Master’s Degree at Yale. Tony Petrello took interest in law soon after graduating and joined Harvard Law School.
Curving his career
After graduating from Harvard, Tony Petrello’s biggest career opportunity came in 1979 when he joined the much-famed law firm, Baker & McKenzie. At this law firm he based his practice in arbitration and taxation. In this field, he was fascinated by how law and business work and in hand. Due to this, he put more interest in this field. Thanks to his brilliance and excellence, he was named a managing partner for Baker & McKenzie Law Firm New York branch in 1986. As a managing partner at this law firm, he came across a client – Nabors Industries – little did he know then what the future held for him.
At Nabors industries
His brilliant work as Nabors Industries tax attorney, this global oil and natural gases driller took notice of him. Tony was appointed as Chief Operating Officer at Nabors Industries in 1991. At this position, he was tasked with overseeing day to day operations at this company. Sometime later, he joined this company’s board of directors. In 1992, Tony Petrello was appointed the President of this global natural resources explorer. At this time he made a name for himself with a $32 million deal to buy Grace drilling in 1993. His latest giant purchase was the Superior Wells Services acquisition in 2010. He also pioneered the SANAD joint venture with Saudi’s Aramco in 2016. These three deals cemented the success of Nabors Industries in the global oil and natural gases exploration.
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