Anthony G. Petrello is described in many terms. However, he is best known as the CEO of Nabors Industries and a philanthropist with a huge heart. Here is an overview of the personality behind an influential name.
Anthony Petrello the CEO
Anthony Petrello is the CEO of Nabors Industries, one of the biggest companies in the oil and energy industry. He has been the company’s CEO since 2011 and its president since 1992. He also served as its Chief Operating Officer in 1991 and deputy chairman from 2003 to 2012.
Nabors Industries is the leading provider of offshore drilling rigs in the U.S. It is also expanding its presence internationally under the leadership of Anthony Petrello and the wider executive team.
Read more about Tony Petrello on Bloomberg
Anthony Petrello the Philanthropist
Anthony Petrello’s philanthropic endeavors are inspired by a tragic yet touching story. His daughter Carena was born considerably early at only 24 weeks into the pregnancy. Her untimely birth was then followed by a diagnosis of periventricular leukomalacia (PVL) medical condition. His young daughter also suffers from cerebral palsy and, consequently, chronic motor skills impairment and developmental delays. Hence, the Petrellos have endeavored to find a cure to their daughter’s condition ever since. In doing so, they have also contributed greatly to research into neurological research.
For starters, they have donated about $5 million to the Texas Children’s Hospital’s neurological research center, and they have pledge an additional $2 million to the center. They have also been reviewing different neurological research centers around the world with the aim of offering financial support. Additionally, they have vowed to mobilize other philanthropists to contribute toward the cause in and beyond Texas and the U.S.
The Petrellos have contributed more than just money in their cause to battle neurological disorders. They have been a source of strength for many other parents with children suffering from similar diseases thanks to their show of solidarity. They have also demonstrated that the condition is manageable over the years with the right dedication; Carena is currently learning how to eat and walk by herself after years of trying.
The Petrellos are also involved in a wide range of other philanthropic endeavors around the U.S.A. and especially in Houston, Texas.
Learn more about Tony Petrello: http://www.bizjournals.com/houston/morning_call/2014/12/nabors-ceo-cfo-take-big-pay-cut.html