How Anthony Petrello managed to be the President of a Highly Rated Company in the Oil and Gas Industry
One of the professional traits that define an executive in the oil and gas industry is dedication. This is because for one to be the head of an oil and gas company, she or he should be committed to helping the company address customers’ complex demands. Anthony Petrello attributes much of his success, as an executive officer for Nabors Industries, to his hard work and dedication.
Education and Work Experience
Petrello is an alumnus of both Harvard Law School and Yale University. He acquired a master’s degree in math from Yale and a J.D from Harvard. His campus roommate in Yale University was Lloyd Grove, an editor for The Daily Beast. Grove once published an article on how humility contributed to Petrello’s success. As an attorney, Petrello worked at Baker & McKenzie, which is based in New York. The law firm benefited from his expertise when he held the position of managing partner for five years.
In 1992, he decided to venture into the oil and gas sector after his short tenure in the law field. His first job in the sector was at Nabors Industries. He was hired as the president of the company, which is a branch of a Canadian multinational known as Nabors Exchangeco. Petrello was also the director of Stewart & Stevenson and MediaOnDemand.com before joining Nabors Industries. He played a huge role in restructuring the services of MediaOnDemand.com as well as recruiting competent personnel to work for the tech company.
Anthony Petrello is regarded as one of the longest-serving executives of Nabors Industries. As he held the chief executive officer position, the company generated revenue of more than $6 billion yearly from its services and products. Petrello is also celebrated for his efforts in growing Nabors’ professional team. Before he joined the firm, it had about 1,000 employees. During his CEO tenure, the firm’s professional team grew to 20,000 employees. In 2003, Nabors’ executive board named Anthony Petrello as the deputy chair. Nine years after his appointment, he was also promoted to board chair.
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