Tony Petrello is the current Chief Executive Officer and the Chief Operating Officer of Nabors Industries, the world’s largest mineral extraction company. He has made this company rise to the higher levels regarding the services delivery as well as its relationship to the society. As a philanthropist, Petrello has contributed to many research bodies motivated by his own daughter Carena since she was eight years old. Petrello has an amazing wife and an active daughter whom he strives to give the best of his attention. He also has an inspiring academic background that every individual would wish to have.
The academic success of Tony Petrello
The CEO of Nabors Industries, Tony Petrello grew up in Newark where he achieved his primary education from one of the public schools in the area. He was from a humble background, but that only motivated him all the same. He attended high school in which he discovered that he was a budding mathematician. He managed to win a scholarship to Yale University to advance his mathematic skills. Tony Petrello’s fantastic sense of humor and outgoing nature made him have very many allies in the University. However, upon his graduation from his master’s degree course, he went against all the odds and pursued law successfully at the Ph.D. level at Harvard University. Upon this achievement, Tony Petrello joined Baker and McKenzie law business in 1979 where his focus was on General Corporate Law especially on International Arbitration and Taxation.
The experience of Tony Petrello as a manager
Tony Petrello started being in the managerial positions in the late 1980s to date. He managed Baker and McKenzie law firm as a partner. However, due to his higher ambitions, he resigned in 1991. He moved to Nabors Industries in the same year as a member of the Board of Directors and at the same time a member of the Executive Board Committee. He served as the Deputy Chairman of the drilling company until 2011 when he became a full CEO. He has served here with a lot of diligence that in 2015 he was one of the CEO with the heaviest salaries in the US.
Tony Petrello is a philanthropist
This global CEO owes Petrello’s success to his nature of giving back to the society. He supports Texas Children’s Hospital both financially and in spirit. He got the motivation to do this from her daughter who had mental problems. He, therefore, dedicated most of his donations to the neurological research in the same foundation to better the lives of children who might have such challenges. In 2007, he donated $7million while his associate Dan Duncan 50 million towards the research.Tony Petrello’s generosity is the secret behind his success.
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