Tony Petrello grew up in a lower income household in New Jersey. He knew his parents couldn’t pay for his college education so he set about making sure he would qualify for a full scholarship. He loved math so he decided to make that his focus and would spend hours each day solving problems far beyond his grade level. This dedication did pay off because Yale University gave him a full scholarship to pay all of his costs of earning a college education. He earned both his bachelor’s in mathematics there as well as a master’s degree.
It seemed that Tony Petrello’s course was set and he would continue his course in the world of mathematics. However, Tony Petrello veered off that course because he decided he would be better served with a law degree. He went on to attend Harvard University and after his law degree was secured he joined a very good law firm in New York City called Baker & McKenzie. He was highly successful as a lawyer and within a few years he was made a partner.
Just like veering from his path to mathematics, Tony Petrello also veered off the course of being a lawyer. Instead, the top executives of one of his clients, Nabors Industries out of Houston, Texas, made him an enticing offer to join their firm as one of their top executives. He accepted the job offer and soon moved from New York to Houston, Texas where Nabors Industries is headquartered. Tony Petrello Welcomes Tommy Tune Home To Houston
Tony Petrello was quick in grasping what it takes to succeed in the oil and natural gas industry. It wasn’t before long that his skills at leadership and strategy led to him being named not just the chief executive officer of this company but also its president and chairman of the board. His success has paid off monetarily very well. He once earned north of $25 million a year but some recent changes to compesation at Nabors Industries has reduced that. Still, in 2016 he earned a total compensation of $15.2 million of which about 1.08 million came from stock awards. Mathematics, Law, Business, and Charity: The Unique American Dream of Tony Petrello