2017 had several major storms that hit the US including hurricane Harvey, one of the worst storms that’s ever ravaged the Texas coast. The damage from this storm was wide-spread and brought hundreds of billions worth of property damage and even claimed several lives. But that’s why many big business leaders stepped in to help victims and work at rebuilding flooded areas of Houston and other coastal cities, and one of those leaders was Tony Petrello of Nabors Industries. Petrello decided to launch a fundraiser that was open to public donations, and it ended up bringing in about $176,000 which he matched with his own money. He also decided to give oil field workers time off and offer bonus pay to any who volunteered to help with both local and federal rescue agencies.
Anthony Petrello has been a big leader in the oil industry who’s helped turn Nabors Industries into a company with one of the largest drilling territories and a leader in advanced drilling technology. But his childhood and early career didn’t start there. A writer for the Daily Beast who knew Petrello back in college mentions that his early career plans were to possibly become a mathematician. Petrello earned both a bachelor’s and master’s in mathematics, but he instead went into law for 13 years. He connected with Nabors Industries while serving as a managing partner of Baker & McKenzie law firm, and in 1991 he left his law career to become the chief operating officer of Nabors. He became CEO and Chairman of the Board of Nabors in 2011.
Petrello has his milestones as CEO of Nabors Industries including becoming the US’s top-paid CEO in 2013 and leading the buyout of Tesco Corporation in 2017. But the most important part of his life has been his role as a father to his young daughter Carena who was born with an illness that caused cerebral palsy. Even though Petrello could afford to visit the world’s top doctors, they all told him that there was no cure for CP and Carena would be dependent on a wheelchair for the rest of her life. But he did dedicate millions of dollars to help professionals research a cure, and the organization that’s received his gift is the Texas Children’s Hospital and their neurological research facility. Petrello and his friends Dan and Jan Duncan have helped this facility become one of the best neurological centers in the US and are hopeful that children like Carena will one day be given a chance to be free of their ailments.
For more information about Anthony Petrello, just click here.