The Life of Anthony Petrello of Nabors Industries Ltd.

Anthony Petrello’s Work and Education Background

Anthony Petrello also called Tony works at Nabor Industries Ltd. as the president, CEO, and the chairman of the board. He attended Harvard Law School for a J.D. degree. He then joined Yale University for his BS and MS degrees in mathematics. On February 28, 2011, he became Stewart & Stevenson, LLC’s Director. He is also the Director of Texas Children’s Hospital, Inc.

What does Anthony Petrello’s college roommate, Lloyd Grove, say in his piece published on The Daily Beast?

Lloyd Grove says he was Anthony Petrello’s freshman-year college roommate. He says he was surprised to find that Tony was ranked No. 1 on the ‘highest-paid’ with earnings of up to $68.2 million in 2013. He admits that several long-time friends and classmates have surpassed him career wise.

Tony was a scholarship kid and was an Italian-American. He was outstanding in mathematics and won the admiration of Prof. Serge Lang, a famous mathematician. Grove believes the professor was disappointed when Tony decided to join law school instead of pursuing mathematics.

In the 1980s, Tony was establishing himself in the corporate practice and was getting rich. Tony took his college girlfriend, Cynthia Carrafa as his wife. They have been participating in various philanthropic activities.

Why didn’t Anthony Petrello top the best-paid-bosses list in 2014?

Tony used to receive a high salary because of the many roles he played at the Nabor Industries Ltd. Since becoming the company’s CEO, the company’s share prices have gone up by 180 percent. However, most of the company’s shareholders were unhappy about his compensation plans in 2011/2012.

In response, the company split some of the roles that Tony did and delegated them to other people. It also allowed those with less than 5 percent share a chance to be elected to the board.

Read more: https://www.wsj.com/articles/SB10001424127887324392804578358772612205556