Anthony Petrello has become well-known in the oil industry for his accomplishments in pioneering advanced drilling technology.
Petrello has been responsible for adding to the company’s portfolio and building investor confidence in company stock. Under Petrello’s leadership, Nabors has developed some of the most sophisticated drilling technologies both in physical tools and in automated programming software. Petrello has been a solid leader at Nabors in part because of his business strategy expertise, and perhaps also because of his background in mathematics and law.
Petrello was raised in New Jersey and was one of the top students in mathematics at his school. He attended Yale where he got both his bachelor’s and master’s degrees in advanced mathematics, and then attended Harvard Law School where he completed his J.D. in the late 1970s. He began his career in law in 1979 when he joined New York law firm Baker & McKenzie. He spent several years at the firm guiding clients in corporate and financial law and even became Managing Partner of the firm in 1986. In 1991, he left Baker & McKenzie upon being offered a job as an executive at Nabors Industries.
Petrello is also a philanthropist who is involved with the Texas Children’s Hospital in part because of something that hits close to home. He and his wife Cynthia have a young daughter named Carena who was diagnosed with Cerebral Palsy when she was born. Petrello sought out counsel from various neurologists on treatment plans to pursue, but was told there were none available for his daughter. Discouraged but still determined to take action, Petrello decided to join the Dan and Jan Duncan Neurological Research Institute, a research center that businessman Dan Duncan had helped establish upon taking a keen interest in young children with brain disorders. Tony Petrello has gifted the institute with around $7 million and is hopeful his contributions will inspire others to join his philanthropic efforts.