Anthony Petrello’s Journey From Working-Class Roots To Highest Paid CEO

Anthony Petrello of Nabors Industries has come a long way from his working-class roots in Newark, New Jersey. Anthony earned a bachelor’s degree and master’s degree in mathematics from Yale University, and he completed law school at Harvard University. He went to work for the New York law firm of Baker & McKenzie where he quickly rose to become the firm’s managing director.

Then in 1991, the Houston-based oil and drilling company Nabors Industries hired him as their new chief operating officer. In 2011, he became the CEO of Nabors Industries then he became the company’s board chairman in 2012. In 2015, Anthony became the highest paid CEO in America with a salary of over $68 million. Aside from his operational duties, Anthony’s role as CEO and Chairman of the Board of Nabors Industries is to provide strategic leadership in an industry that is constantly changing.

Nabors Industries is one of the largest oil and gas drilling contractors in the world. In addition to operating land-based and offshore drilling platforms in over 20 countries, Nabors Industries manufactures and sells drilling equipment through its subsidiaries. The company is the world’s largest provider of land-based and offshore and drilling rigs.

Anthony is a very active philanthropist. He serves on the Board of Trustees of Texas Children’s Hospital, and he has donated millions of dollars towards research and clinical programs that help children who have neurological disorders. Anthony Petrello has created a good life for his family, and he is generous with others.

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