Meet Tony Petrello: As The CEO Of Nabors Industries Ltd.

Mr. Petrello produced impressive results in his 20 plus years as an executive and has supported philanthropic causes in Houston, Texas, and at Princeton University. As the current President and CEO of Nabors Industries, Tony Petrello, has received many commendations for his impressive knowledge in the fields of mathematics, computer science, and law, Petrello has made a real impact in terms of business expansion and strategic moves while leading in an executive role at Nabors Industries Ltd. Nabors Industries, a global oil and gas drilling services based firm, is headquartered in Hamilton, Bermuda. Consequently, Nabors’ executives are located in Houston, Texas. Nabors Industries is a company that is known for having the world’s largest fleet of land-based rigs for drilling.

Prior to becoming the top executive at Nabors Industries, Tony Petrello worked as a lawyer. Tony Petrello practiced corporate law, international arbitration, and taxation. Petrello had been managing partner at Baker & McKenzie’s law firm in New York since 1986. Petrello accepted a position on Nabors’ board of directors in 1991. In October 2011, Petrello replaced Eugene Isenberg, then he added chairman of the board to his work title in 2012.

Tony Petrello was able to utilize his law degree to position himself to reach the apex of corporate success as CEO of Nabors Industries. Tony Petrello’s educational background includes not only a bachelor’s degree but also a master’s degree from Yale. Petrello also earned a Juris Doctor from Harvard University.

In terms of Tony Petrello’s philanthropic efforts, in 2006, Petrello pledged at least $150,000 to create an endowment for Princeton graduates who were going to start their own business or choose an entrepreneurial path. In addition to the $150,000 that Petrello donated, he also said that he would match any other donations at the original donation. Petrello stated that the endowment was in honor of a friend, mathematician, mentor and teacher, Professor Serge Lang. Lang and Petrello both started together at Yale in 1972, when Petrello was a Freshman. Lang had just joined Yale as a professor after leaving Columbia University. Because of Tony Petrello’s endowment to his alma mater, the gifts helped to fund an annual prize named after Lang.

Anthony Petrello and Cynthia Petrello are big fans of Broadway and Tommy Tune. Cynthia, Petrello was once a model and actress, who worked in New York. Tommy Tune, who was born and raised in Houston, Texas, was welcomed home to Texas by the Petrello’s in January 2018. The 50 guest cocktail party for Tommy Tune took place at the estate of the Petrello’s.

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