in Business Success

Lloyd Grove Thinks Back on Being Tony Petrello’s College Roommate

Lloyd Grove is best known for his biting wit and nose for gossip, but recently he shared a trip down memory lane with the readers of his Daily Beast column entitled The Prince and the Pauper. Grove and Petrello were roommates at Harvard in the 1970s. Grove describes Petrello as a math genius who was expected by one professor to pursue a future in academia as a mathematician. Instead, Tony Petrello attended Yale law school and later, after a stint at a white-shoe New York City law firm, joined Nabors Industries.

Petrello first started at the firm in 1991 as the Chief Operating Officer, leaving the law firm of Baker & McKenzie to join this client of the firm. By 2011 Tony was leading the firm and under his successful guidance taking Nabors from one success to another. In 2014 Petrello was listed as the Associated Press’s highest paid executive for the year, with his annual salary clocking in at a whopping $68.2 million. Nabors Industries is one of the world’s largest oil and gas drilling companies.

 

When Lloyd Grove called Nabors Industries in the hopes that he may reconnect with his old Freshman year roommate, he was informed that, unsurprisingly, the business titan was not available. To his surprise, Lloyd soon received an email from his former college roommate stating that a large part of much success comes down to being good or being lucky. Mr. Petrello then commented that he has been very lucky in all of his business endeavors.