Anthony ‘Tony’ Petrello is a mathematician, attorney and the highest paid CEO in the United States. His is a uniquely American success story. Born and raised in a working class neighborhood in Newark, New Jersey, he has worked and studied hard and has earned a bachelors degree and a masters degree in math from Yale and a juris doctor from Harvard Law School. He has also spent 5 years working at a prestigious New York law firm and is currently the CEO and chairman of the board of the largest land-based oil and gas drilling company in the world.
Those who have known Tony Petrello all his life say he was a math whiz that spent endless hours working on difficult theorems in high school. When he graduated he earned a scholarship to Yale to study mathematics. There he became a protégé of famed mathematician Professor Serge Lang. After graduating with his degrees in math he decided against an academic career doing groundbreaking work in math that almost everyone had anticipated. Instead he entered Harvard Law School and got his juris doctor.
Petrello then took a job with the New York law firm Baker & McKenzie. Within a few years he became managing director of the firm’s Mew York office. In 1991, after 5 years with the law firm Petrello accepted a job as chief operating officer at Nabors Industries, a prominent client of Baker & McKenzie. The Houston, Texas based oil and gas drilling giant promoted him to president the next year. In 2011 he was promoted again as CEO. The next year he was made board chairman of Nabors Industries. In 2015 the AP identified him as the highest paid CEO. He had gotten over $68.2 million in compensation.
After his premature infant daughter was diagnosed with cerebral palsy, Petrello donated $7 million to Texas Children’s Hospital. It was used to build a neurological research center. And Petrello continues to donate to the facility. He’s currently Texas Children’s Hospital’s director. He is also the director of Stewart & Stevenson, LLC as well as MediaOnDemand.com. Anthony ‘Tony’ Petrello has come a long way from his working-class roots in Newark, New Jersey to Nabors Industries headquarters in Houston, Texas. But he remains the same confident math whiz that constantly amazed his teacher and classmates all those years ago. Now he’s also a well-respected CEO and a committed philanthropist.
Read more about Anthony Petrello at http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/deep_in_the_heart_of_texas