Anthony Petrello is a Yale graduate with a BS and MS degree in mathematics. He also received a JD from Harvard University. With such a list of accomplishments, what more could be said about the Chief Executive Officer of Nabors Industries, Ltd?
Apparently, plenty because his philanthropy is even more talked about than his business success. Anthony Petrello along with his wife Cynthia are some of the biggest donors of Houston, Texas. One such cause the Petrello’s have taken on which is close to his family’s heart concerns his daughter Carena.
Tony and Cynthia’s daughter Carena was born prematurely. She suffered from a neurological disorder, Periventricular Leukomalacia (PVL). While the Petrellos searched worldwide for someone who could treat Carena, they were sadly disappointed to find little in the way of help. Then they discovered in Texas a Children’s Hospital that looked promising. It is the Jan and Dan Duncan Neurological Research Institute.
Anthony and his wife donated 5 million to assist in research. With his donation, Texas Children Hospital put up a special center for children with neurological disorders. Then they committed to an additional 7 million to help further fund the cause. Anthony Petrello even became Board of Trustee of the Children’s Hospital as well.
However, In 2017 Hurricane Harvey hit. Anthony Petrello did not just sit back as the monster storm ran savage across Houston. The storm had a large impact around the U.S. but especially for those who lived through it in Houston, Texas. Anthony Petrello’s employees in Nabors Industry jumped right in to help the community.
CEO Petrello assisted his employees and gave them paid time off to help. The employees went to various localities along the gulf coast. Mr. Petrello even offered Nabors Industry’s on-site kitchen to cook hot meals and pass out to the community. When Anthony Petrello is passionate about a cause, he jumps right in. Like he did at Yale University in the name of a great mathematician, and friend, Serge Lang.
Anthony Petrello set up an endowment scholarship of $150,000 with matching donations in the name of his close friend, Serge Lang, a genius professor who taught at Yale University. Serge Lang passed away in 2005. While Anthony Petrello may be a business giant in the oil rig field, but giving to causes he finds worthwhile may be his biggest accomplishments to date.