Anthony Petrello an Oil Industry Leader

Anthony Petrello has had a long distinguished career that spans nearly 40 years. Most people call him Tony. Tony Petrello has J.D. degree from Harvard Law School and B.S. and M.S. degrees in Mathematics from Yale University.

Tony Petrello is currently the Chief Executive Officer of Nabors Industries Ltd. Tony has held this position since October 2011. Prior to taking on his current role as CEO Tony Petrello served Nabors Industries Ltd in a number of functions including: Board member, Executive Committee member, Chief Operating Officer and Deputy Chairman. During Tony’s time as CEO of Nabor Industries has grown tremendously many consider it remarkable. The stock price went from less than 50 cents to more than $50 before splitting. The company’s value went from $100 million to $17 billion and the company’s workforce grew from 320 to more than 29,000 strong. In 2015, Nabors Industries made a strategic decision to focus on drilling services and technologies. Tony Petrello led in this effort to change the focus. It was a wise decision. Today Nabors Industries is one of the world’s largest oil and gas drilling contractors. Nabors Industries has a global infrastructure of services and facilities that is unmatched in the industry. In 2015 Tony Petrello earned $27.7 million in total compensation. Lloyd Grove, Tony’s roommate from college remembers Tony to be a very smart math whiz. Tony’s success came as no surprise to him. Lloyd was also impressed with the fact that Tony Petrello also believes in philanthropy. Tony and his wife provided $7 million in seed funding for a neurological research center at Texas Children’s Hospital.

Tony Petrello is a member of several boards including: Stewart & Stevenson LLC, Hilcorp Energy Company and Texas Children’s Hospital. Tony Petrello is admired by many in the business world as an innovator that gets results.

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