When Anthony Petrello was growing up in his working class neighborhood in Newark, New Jersey, everyone expected he would make something of himself. He had a talent for math and was a very hard worker. They thought he would become a mathematician or even a college professor. No one anticipated he would work in the oil and gas industry and become America’s highest paid CEO. But that’s exactly what he did. Nabors Industries Incorporated hired Anthony Petrello as their chief operating officer in 1991 and 20 years later he was promoted first to CEO then to chairman of the board.
After his senior year in high school, Tony Petrello had a scholarship to study math at Yale University. His family, friends and the entire community were all proud of him. At Yale he had the opportunity to study under world-renowned mathematician Serge Lang. Under the tutelage of Serge Lang, Petrello earned a bachelor’s and a master’s degree in mathematics. No one was surprised at the math whiz’s success. However, it’s his next move that puzzled many people that knew him. Instead of beginning a mathematics career, Petrello enrolled in Harvard Law School and earned his law degree and what Anthony knows.
In 1985, soon after passing the New York bar exam, Tony Petrello accepted a position with Brown & McKenzie, a prestigious, internationally-known law firm. Within a short time, he worked his way up to manager of their Manhattan office. Nabors Industries, the gas and oil giant and one of Brown & McKenzie’s biggest clients, were impressed with Petrello’s intelligence, talent and work ethic. In 1991 they offered him a job as COO and he accepted it. When he got to Nabors Industries, Petrello continued to learn fast and work hard. He steadily rose up the ranks to become CEO in 2011 and Anthony on Facebook.
Many people were surprised when in 2015 Anthony Petrello became the highest paid CEO in America with a salary of over $68 million. Even while he was making a name for himself at Nabors Industries, Petrello was also serving as director of MediaOnDemand.com, Stewart & Stevenson, LLC and Texas Children’s Hospital, Inc.
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