Tony Petrello serves as Chairman of the Board and Chairman of the Executive Committee of the Board at Nabors, a company that offers drilling services to include offshore drilling. He began his career at the company in 1991 and has excelled in every position he has held there. The numerous positions include President and Chief Operating Officer.
Petrello was named one of the top best-paid bosses in 2013, but he went off the charts the following year. His compensation was well earned, considering his expertise and help making the company a great success, but shareholders did not see it that way. The shareholders decided to split Petrello’s job duties among other employees, thereby cutting his salary drastically. He probably will not make the list again; however, his hard work and perseverance will continue to help the company grow.
Petrello attended both Harvard and Yale, obtaining his B.S. and M.S. degrees in mathematics. According to an old college roommate, Petrello’s mathematical skills were astonishing, but he wasn’t a stuffed shirt by any means. He loved to joke around and his thick New Jersey accent made his mob jokes all the funnier.
Although Petrello has had a taste of the sweet life, he has also faced difficult times. His daughter was born prematurely and was subsequently diagnosed with periventricular leukomalacia. Petrello and his wife, Cynthia Petrello, decided to become proactive in helping to find a cure. They donated seven-million dollars to help fund neurological research.
Tony Petrello has certainly led a full life, not only in his career, but also in his personal life. He and his wife were college sweethearts, and he has a beautiful daughter. His college roommate looks fondly back on those early days and reached out to Petrello to find out what his secret to success is. There is nothing more fulfilling for a man than to know that others look at him as someone to look up to.