When Anthony Petrello was growing up in Newark, New Jersey, he was so bright, people knew he would do great things. However, even when he won a scholarship to Yale and graduated with his Bachelor’s of Science and Mater’s degrees they didn’t have any idea of how much he would eventually accomplish. Petrello made his friends and family proud when he graduated from Harvard Law School with his law degree. They were impressed when he was hired by Baker & McKenzie, a top New York law firm. Many were shocked when he left to become Chief Operating Officer of oil and gas juggernaut Nabors Industries.
Anthony Petrello had been with Baker & McKenzie for 12 years when he left in 1991 to move to Texas to work with Nabors Industries. He worked his way up through the company. He became president, chairman of the board and eventually the CEO. Anthony Petrello’s work was so highly regarded at Nabors Industries, the company paid him over $68 million in compensation in 2015. The most of any CEO in the United States. In addition to his work with Nabors Industries, Petrello also served as director of Stewart & Stevenson LLC and MediaOnDemand.com. He’s also director of Texas Children’s Hospital, Inc.
Petrello’s relationship with Texas Children’s Hospital began when his daughter Carena was born prematurely and doctors diagnosed her with periventricular leukomalacia. Anthony Petrello and his wife Cynthia began to work with the hospital to help them build the Jan and Dan Duncan Neurological Research Institute. Petrello donated $7 million to the Texas Children’s Hospital for them to use as seed money to get the facility built. He also played an active role in raising the funds needed to build a superior facility that provides a growing number of children with top quality care.