In the 2015 fiscal year, Nabor Industries Chief Executive Officer Tony Petrello earned $6.82 million in annual compensation. Additionally, not only does he hold the rank of CEO, he is also the company’s President and Chairman of the Board. If you aren’t familiar with Nabor Industries, it is the world’s largest contractor of oil and gas drilling equipment and works in 20 countries around the globe and has a presence in every major oil market.
CEO Tony Petrello has been a massive part of the company’s success. Since he joined in 1991, leaving behind a successful law career, Nabors Industries has seen unsurmountable success in every major market.
While Tony Petrello was ranked the top earned CEO, you would have never known that was his destiny from how his college roommate describes him. He describes Tony as a man from humble beginnings, from a working class family. He came to Yale on scholarship with a thick Jersey accent and “big” Italian American personality that juxtaposed the calm refinement of most Yale students that have been groomed by multiple private schools prior to entering college. Click here to know more.
His roommate also describes him as an absolute genius in math, comparing him to Good Will Hunting. Petrello was a very driven man, even early on. He earned a bachelor’s degree in Math from Yale, then went on to earn his Master’s degree, also in Math. Although he was incredibly gifted in mathematics, he moved away from that field to pursue a law degree from Harvard Law School. After graduation, he married his college sweetheart Cynthia and went on to work at a prominent New York law firm where he was quickly promoted to managing partners. He left in 1991 to join Nabors Industries where he has gone on to achieve the massive success he has today.