Under Tony Petrello’s Brilliant Leadership, Nabors Industries Flourishes

Tony Petrello was a sort of wunderkind in high school. After graduating with a 4.0, he was quickly accepted to Yale on a full-ride mathematics scholarship. There he excelled as a math student, studying under famed mathematics professor Serge Lange. However, he disappointed many of his mathematics professors when he decided to go into law rather than focusing on a career and academics. Like so many students of high intellectual ability, he was turned off by the prospects of grinding it out as a untenured adjunct for years, with no guarantee of economic stability or self-sufficiency.

Tony Petrello was quickly accepted to Harvard Law School, where he likewise excelled at his studies. Within just three years, he had received a Juris Doctor of law from Harvard, one of the most prestigious degrees in the world. He was noticed by many employers and received hundreds of offers to go work for some of the most prestigious law firms in the country and throughout the world and what Tony knows.

He eventually settled on working for Baker McKenzie, one of the world’s most famous law firms, specializing in corporate law, tax issues and mergers and acquisitions. Whilel with Baker McKenzie, Petrello gained a great deal of experience with tax law and corporate restructuring. This would later serve him well, as he took Nabors Industries to the Bahamas, restructuring its corporate charter and sharply reducing taxes owed.

In 1991, he was hired by an ailing Nabors Industries, which add just exited from chapter 11 bankruptcy restructuring.

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