Anthony Petrello is one of the most important figures in Houston, TX as a businessman and father of a young girl whose life struggles have been what drives Petrello’s personal endeavors. He’s the Chairman of Nabors Industries, one of the most well-known publicly-traded oil and natural gas drilling companies. The company has patented some of the most advanced offshore and land-based drilling technologies in the world, and Petrello has been responsible for strategic technological initiatives brought to the company. In addition, his task of dealing with powerful shareholders has netted him a hefty compensation that in 2013 totaled more than $68 million, making him the highest-paid CEO in the US and more information click here.
In his personal life, his daughter Carena has meant the most to him and her struggle with cerebral palsy has been something that has had Anthony Petrello seeking to help her and other children like her. He could not find any treatment available when he initially consulted with some of America’s top physicians, but he did find others working on similar endeavors including Dan and Jan Duncan at the Texas Children’s Hospital. Petrello joined them at the Duncan Neurological Research Institute there and decided to give $7 million to help fund medical technological advances to research diseases like periventricular leukomalacia and learn more about Anthony.
Anthony Petrello has been with Nabors Industries since 1991 when he came there as Chief Operating Officer, and he took over as CEO in 2011. In addition to being CEO and on the Board of Trustees at the Texas Children’s Hospital, he’s also on the boards at Hilcorp Energy and Stewart & Stevenson. He practiced corporate law in the years before entering the oil drilling industry as an associate and later partner at Baker & McKenzie law firm in New York City. His areas of corporate law practice included tax laws, offshore bank accounts, business structuring, hedge funds and SEC regulations. His formal education was received at Yale University where he completed a bachelor’s and a master’s degree in advanced mathematics, and then he received his J.D. from Harvard’s law school. His wife is Cynthia Petrello, formerly a TV soap opera actress and Anthony’s lacrosse camp.