Why Nabors Industries’ CEO, Tony Petrello Deserves what he earns

The willingness to work hard is one of the top ingredients of success. Success that comes too easy is seldom valued, at least by many people. Most people who stumble upon success often think that it’s owed to them and that they will always be successful even if they don’t do anything. As any prosperous person would confirm, this is simply a dead-end form of thinking. Life can never be one success after the other, especially if it’s success that happens to come one’s way. To be successful, one must be prepared to work hard.

One person who understands the correlation between success and hard work is Tony Petrello, the current CEO of Nabors Industries. Tony was once one of the United State’s top paid CEOs. In fact, he’s cited to have earned up to $68.2 million in 2014—all through his work with the company. While this level of success often inspire a lot of envy and admiration, any person who knows about Tony or who cares to follow his background history will understand that he’s a humble and honest man who deserves all that he earns.

Humble beginnings

Tony Petrello grew up in Newark, a neighborhood in New Jersey that is famed for plenty of hardship and culture of stringent work ethics and honor. In Newark, hard work is rewarded, laziness is severely shunned, and integrity is valued above everything. It is this neighborhood that installed the value of hard work, integrity and honor in Tony Petrello.

Tony Petrello also attended a poorly funded public school, and his parents struggled to break even. From an early age, therefore, Tony understood too well that there were no shortcuts to success in life. He studied hard and he is cited to have mastered mathematics (differential calculus to be precise) at an early age. Before landing a job at Nabors Industries, Tony pursued a variety of jobs. And even at Nabors, the position of CEO was not simply handed to him—he had to climb the various ranks in the company for close to 30 years to become a CEO.

About Tony Petrello

Tony Petrello is the current CEO of Nabors Industries and has held the position since 2011. He has also been the president and COO of the company since 1991. Before joining Nabors Industries, Tony worked with Baker & McKenzie law firm from 1979 to 1991 and served as its New York Office Managing Partner from 1986 to 1991.