Anthony Petrello is a leader of an oil drilling operation and technology development company, Nabors Industries. In fact, this company owns one of the largest land and offshore oil drilling fleets in the world. Petrello has helped Nabors develop some of the most reliable rigs for drilling in extreme conditions in deserts and icy fronts like Antarctica. Petrello has also guided the company into strategic investments for technology that can maximize production and stay ahead of competitors when it comes to setting the bar in the industry.
Anthony Petrello’s special area of study growing up was mathematics. He studied under the famous mathematician Serge Lange and completed both a bachelor’s and a master’s degree in the field. But Petrello soon decided he didn’t want to become a professor in the field and he became more interested in finance and law, getting a J.D. from Harvard and then joining a well-known New York law firm, Baker and McKenzie. The work he did at this law firm consisted of financial structure advice, underwriting, risk assessment, corporate regulatory guidance and advising on mergers and acquisitions. He became very proficient at his work that in 1986 he became a Managing Partner at the firm. Anthony Petrello became familiar with Nabors Industries because they were a client of the firm’s and offered him a position as Chief Operating Officer in 1991.
Anthony Petrello is also married to former television actress Cynthia Petrello and has a daughter named Carena. Carena was born with Cerebral Palsy and because there have not been any known cures for the condition, Petrello decided he wanted to dedicate his philanthropy to research in neurology. He joined the Texas Children’s Hospital Board of Trustees and through there he got acquainted with Dan and Jan Duncan who also were looking to help fund research into neurological research. Together they established the Dan and Jan Duncan Neurological Research Institute and the Petrellos gave a sizable gift of $7 million to help get things started. Petrello hopes that he can inspire other businessmen to recognize the need in this particular area of healthcare and follow his example of generosity when it comes to funding it.