Tony Petrello is a businessman hailing from Newark, New Jersey, and is best known as the Chief Executive Officer. among other positions, for oil drilling giant Nabors Industries. Unlike many top-notch executives with high salaries and important positions, Mr. Petrello came directly form the proverbial bottom of the barrel, raised by working-class parents and sent through public school.
Mr. Petrello received a whopping $15-plus million in total compensation for fiscal year 2016’s service, with his pay closely resembling Petrello’s capabilities in the workplace.
He got his start in life by going to Yale University, who actually recruited him, not the other way around, considering that Mr. Tony Petrello was a mathematical genius at a young age. Tony graduated Yale University’s rigorous mathematics program in less than its four designed years, immediately thereafter signing up for Yale’s master’s level mathematics program.
Following his graduation, Petrello slowly realized that he hadn’t thought out his life with him solving math problems forever, largely having no real-world use other than instructing college students to earn often-unrelated degrees. So what did Mr. Petrello do?
What any run of the mill young man (yeah right) would do – attend Harvard Law School. After three years of rigorous coursework professional experience, Mr. Petrello found his home at Baker & McKenzie, starting in 1979.
Oddly enough, Nabors Industries was a client of Baker & McKenzie. Prior to Tony’s appointment to the firm, Nabors had no idea who he was. However, Tony Petrello would be the subject of countless requests for him to join Nabors Industries, finally caving in after twelve years at the international law firm. That same year – actually, the day Mr. Petrello was hired – Tony became the Chief Operating Officer of Nabors Industries.
The representatives who worked with Tony when he was at Baker & McKenzie obviously thought very highly of him, almost handing him the keys to the kingdom, as he also took on the responsibilities of a position on board of directors, including the executive committee of Nabors Industries.
Mr. Petrello is a very helpful philanthropist, donating more than seven million dollars to the Texas Children’s Hospital in the name of neurological research, named the Jan and Dan Duncan Neurological Research Institute. Not only has he given away tons of money – so many times, an entire article couldn’t hold them – Mr. Tony Petrello has lead a number of fundraisers, too.