Tony Petrello doesn’t routinely get named to any of the top lists of highest paid CEOs or wealthiest Americans, but he’s a face you should know. His commitment to business and the environment, as well as his moving personal story, are a true embodiment of the American dream. He is the CEO of Nabors Industries, a business that serves the oil drilling industry with one of the largest fleets of land and off-shore drilling rigs. Since 1991, he has served Nabors Industries in several capacities, including President and Chief Operating Officer, and Deputy Chairman.
This long-standing affiliation means that he is uniquely qualified to lead the company to new horizons, expanding the Nabors fleet while continuing to meet local ethical and environmental standards, and improving the quality of life for its employees. Nabors currently operates about 500 rigs in 25 different countries, including specialty rigs.
Tony Petrello comes from humble origins; he grew up in working-class Newark, New Jersey, but demonstrated a unique talent for math at an early age. In college at Yale, he attracted the mentorship of Professor Serge Lang, a mathematician who was known for his work in number theory. Tony also got his master’s at Yale before going on to Harvard Law School; he also married his college girlfriend, the soap opera actress Cynthia Carrafa.
The Petrellos have demonstrated an outstanding commitment to philanthropy; they have donated a total of $7 million to the neurological research institute at Texas Children’s Hospital – a movement inspired by their own confusion and pain after their daughter Carena developed cerebral palsy. Tony Petrello currently serves as a director at Texas Children’s Hospital.
Nabors Industries is a true “neighbor” to the growing global demand for oil, and few people are better-suited to lead it than Tony Petrello. Petrello has said that to get where he is now, he has merely been blessed with good luck.
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