Anthony Petrello is responsible for one managing one of the world’s largest oil rig supply companies and keeping it ahead of the technological curve in a very competitive industry.
He’s the Chairman and CEO of Nabors Industries based in Houston, TX and his job comes with quite the share of rewards. In 2013 he made headlines as one of the nation’s highest paid CEOs with a $68 million salary. There have been some changes to this salary structure recently, but Petrello certainly has earned his share. But Petrello’s business expertise didn’t start out in the oil industry.
Tony Petrello is originally from Newark, NJ and his first career choice was in mathematics. He was very gifted in the subject in his high school years, and he earned acceptance into Yale University. He studied under Serge Lang and had a career that looked promising in teaching and making discoveries in math, but Petrello decided he wanted to pursue financial law instead. So after completing his J.D. at Harvard he began his career at Baker & McKenzie law firm. His time there consisted of advising clients in legal financial structure and guiding them in tax and regulatory compliance. Petrello became a Managing Partner at Baker & McKenzie prior to leaving the firm and becoming Chief Operating Officer at Nabors.
Petrello hasn’t just dedicated his work to the oil industry. He’s also become an active member of the Texas Children’s Hospital’s board of trustees. He’s the father of a young girl named Carena who was born with periventricular leukomalacia which subsequently led her to be diagnosed with cerebral palsy. Anthony and his wife Cynthia Petrello sought treatment for their little girl, but every doctor they consulted told them they had no known cures for CP. But they decided they were going to do something about it, so they joined the Dan and Jan Duncan Neurological Research Institute where they met others who had taken an interest in young children with disorders. The Petrellos to date have given $7 million to research endeavors at this institute, and they hope that many more people will join in the cause to help young children like Carena.
Find more about Tony Petrello: https://en.wikipedia.org/wiki/Nabors_Industries
Stephen Murray died on the 12th of March, 2015. He left behind his family. He had a wife named Tami, and sons named Ryan, Sean, James and Nolan. Stephen’s parents, Joseph and Nancy Murray also survive him. Stephen was born in Brooklyn in 1962. Joseph and Nancy Murray raised him in North Tarrytown, New York and sent him to Sleep Hollow High School. He studied economics in college and earned a degree from Boston College. Stephen decided to enter the world of finance, so in 1984 he took a position at Manufactures Hannover where he was trained as a credit analyst.
Stephen wanted to advance his career beyond what he could accomplish with just an economics degree. He returned to school and earned his master’s degree in Business Administration at Columbia Business School. Stephen used his education and tenacity to work his way up to the CEO position at CCMP Capital. He helped to form the company from a spin-off of JP Morgan Partners and turned it into a world-class private equity firm. Stephen made a reputation for himself over the years. He worked for the company that would later become CCMP for over 25 years. He remained with the company through several name changes and transitions. He held various positions, and he distinguished himself greatly along the way. He first caught the attention of upper management when he handled the restructuring of a private equity firm that would later acquire Aramark.
Stephen married Tami Anne Monti. They met at Boston College and were college sweethearts. They chose to raise their children in Stamford, CT. Stephen and Tami were happily married to each other for 29 years. Stephen tried to be everything in the world to the people he cared about. He was a great father, a loving husband and a good friend to those he cared about. Stephen was known within his community as a hard working man who possessed compassion and generosity towards those less fortunate. Over the years, Stephen Murray did volunteer work with the Make-A-Wish Foundation. He devoted his time and energy to serving on its board of trustees because he felt it was important to help that organization do its work. He donated money to the charity from his own pocket. Another charity that Stephen helped was the Food Bank of Lower Fairfield County. On his passing, Stephen Murray requested that people make donations to the Food Bank in order to help those who are less fortunate.
We all celebrate people’s success stories in investing, however, not many of us think about the process the person went through to be as influential as they currently are. One of the companies that have risen up from nothing to becoming one of the giants in the world of business is CCMP capital. The company started out as a group of conglomerates and very few of the current leaders were there except Stephen Murray. He rose from the bottom with the company till the top, and by the time he was resigning, he had steered it into the heights of success others only dream of.
The saddest thing about the CCMP story is that Steve started feeling unwell and had to resign for health reasons. He passed away earlier this year at the age of 52. He is one of the few business leaders that have perfected the virtue of patience. The promotion that had made him CEO at the company had been his dream for more than a decade. Regardless of the fact that other people kept getting their break in promotions to higher office, but he was still in the lower levels of management. His patience and hard work finally paid off as he got the chance to give the company the guidance he felt it needed.
Steve Murray was born in Boston, Massachusetts. He got a keen interest in economics when he was very young. He attended the Boston College and studied economics, graduating with honors. He proceeded to the University of Columbia where he studied and attained his MBA. Stephen Murray worked with CCMP capital for 20 years before getting the promotion that made him the CEO. He was the CEO for 9 years and only resigned to take care of his health.
Other things that interested Murray were Philanthropy and entrepreneurship. He invested in private equities at the firm and also served at the board of several other companies in the process. These companies include Crestcom International and Octagon Credit Investors.
The company he was CEO to managed to rise from nothing to a capital base of 16 billion dollars. He had a very strong belief in teamwork and cooperation as opposed to unhealthy competition. Murray had prowess when it came to strategic planning and this is the reason why every business he touched became an instant hit. The charities that he took part in include the ‘Make a wish foundation’. This is aimed at getting children from poor backgrounds to got to college and graduate.
Todd Lubar is a respected and established businessman who mostly focuses on making himself a better person. Lubar works every day to ensure that achieves his goals in life and his career. The established entrepreneur has a lot of experience in the real estate industry. He has the capabilities of running ventures and making them successful.
Todd Lubar is a father of two children, and he went for his education at the Peddie Schools, located in New Jersey. He also went to the Sidwell Friends School and Syracuse University for his higher education. After completing his studies in the year 1995, Lubar decided to venture into the competitive real estate industry. He started as a real estate loan obligator at a company known as Crestar Mortgage. At this company, he learned several activities: he was able to understand conventional mortgage banking, create a network and relationship with financial planners and other prominent professionals in the industry.
After leaving the Crestar Mortgage, Todd Lubar decided to join Legacy Financial Group. This was a wise decision, because the businessman acquired some equity, enabling him to expand his lending abilities. At his new position, Todd Lubar could broker all loans to investors. He could also lend people money acting as a Mortgage Bank. He became very successful in this area, and in the year 2002, he was strong enough to start his company.
Todd Lubar founded Legendary Properties LCC to offer residential development services. The company was very successful too, and it managed to facilitate rehabilitation, selling, purchasing and profiting single and multiple family dwelling units. He expanded his business significantly, in a short duration, he was able to access bigger products and programs. The risk taker was also able to form an affiliate of the Legendary Properties, known as Legendary Financial. The institution serves as a commercial lending source for individuals and enterprises.
In most of his ventures, the businessman has been quite successful. When the financial crisis started in the year 2007, the businessman diversified his operations. The real estate industry was severely affected, but his other companies remained profitable in the challenging economic climate.