Anthony Petrello – A Brief Personal Background

Anthony “Tony” Petrello has an extensive background under his belt sporting a resume that spans nearly 40 years. His educational background is also very noteworthy having attained multiple degrees from exceptional schools. However, behind his successful work experience also lies a heartbreaking obstacle.

Petrello holds a Juris Doctor degree from Harvard Law School as well as B.S. and M.S. degrees in Mathematics from Yale University. Early in his career, he served with the law firm Baker & McKenzie from 1979 to 1991 where he worked as the Managing Partner of its New York Office. Petrello is now the Chief Executive Officer of Nabors Industries Ltd. since October 28, 2011.

As of the 2015 fiscal year, Petrello has been reported to have made $27,512,939 in total compensation. $1,580,077 of it was received as salary, $7,727,000 was received as bonus, $16,863,656 was awarded as stock, and $1,342,206 from other sources of compensation.

Tony and his wife, Cynthia Petrello, have been working with Texas Children’s Hospital to help with the condition that their daughter Carena has. Their daughter was born early and was diagnosed with periventricular leukomalacia (PVL), a common neurological disease caused by a lack of oxygen or blood flow towards the brain in premature infants. Consequently, Carena developed cerebral palsy and other developmental delay issues.

The Petrellos have donation $5 million to lead fundraising efforts in order to help bolster research that would help with research regarding PVL. Research institutions across the country including Harvard, Johns Hopkins, UCLA, and other research institutions across the country were considered by Tony Petrello yet in the end, he found the opportunity to work with Texas Children’s Hospital.

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