Tony Petrello has undeniably made a name for himself, especially since he steers the largest natural gas and geothermal contractor all over the world. Away from career matters, he has proven to be an altruistic individual through his increased giving endeavors. In fact, Tony recently donated $5 million meant to fund a research initiative. He also plans to contribute an additional $2 million in the coming days.
Over the years, Tony Petrello has depicted support for research, mainly relating to neurological disorders. This initiative stems from the desire to see children like his daughter, Carena, lead better lives. Carena suffers from a neurological condition that prevents her from learning things like other children do when growing up. To try to find answers for their baby’s condition, Tony Petrello and his wife, Cynthia, set out to look for a pediatric research facility. This quest led them to the Texas Children’s Hospital.
Since beginning his relationship with the Texas Children’s hospital, Tony Petrello has developed many instrumental contacts to back his mission including Dan Duncan, the director, and chairperson of Enterprise Products. Dan and his wife are behind the creation of the Neurological Research Institute, which is currently located at Texas Children’s Hospital. Away from that, Tony Petrello is also known for contributing towards a yearly prize at Yale University, his alma mater. The award is meant to honor his mentor and friend Serge Lang.
About Tony Petrello
Anthony Petrello or otherwise known as Tony is best known for being the Nabors Industries’ CEO, president and chair of the executive committee and board of directors. Nabors prides itself on being the leading and largest natural gas and geothermal drilling company/contractor in the world. Aside from the United States, the Hamilton, Bermuda-based company operates in other places around the globe such as Africa, Middle East, and the Far East. Over the years, Petrello has played an instrumental role in the development and growth of Nabors Industries, which began in 1968 as Anglo Energy Ltd.
Tony Petrello joined Nabors Industries in 1991 as the chief operating officer. Later in 1992, he ascended to the president’s position. In 2003, Petrello was named deputy chair of Nabors Industries. He assumed the position of chief executive officer of Nabors in 2011. Since 2012, Anthony Petrello has been the chairperson of the company’s executive committee and the board of directors. Away from Nabors Industries, also works as a director of several companies including Hilcorp Energy Company and Stewart & Stevenson LLC