In America, oil executives are perceived as greedy individuals who do not care about the well being of other people. Through his hard work and achievements, Tony Petrello has proved that this perception is just a misconception. Tony is the president and CEO of Nabors Industries, the largest drilling contractor worldwide. The oil executive has demonstrated his kindness by supporting various charitable activities in the society. Recently, Tony and his wife Cynthia committed $7 million towards an initiative that seeks to help children suffering from neurological disorders at the Texas Children’s Hospital. The couple’s child, who was diagnosed with neurological disorder, inspired them to support other children with the similar disease.
Tony Petrello’s eight-year-old daughter Carena was born at 5 months and diagnosed with periventricular leukemia, a neurological disease common in premature infants. To this end, Carena developed cerebral palsy, which is accompanied by delayed development. The condition is caused by insufficient oxygen to the brain. Over the years, the Tony and Cynthia have visited different hospitals to search for cure for their beloved daughter. Carena is now learning different activities like talking, walking, and eating. Tony’s search for cure from various pediatric research institutions made him realize the need for a large scale research to find cure for this condition in children. With the launch of the Neurological Research Institute (NRI) at Texas Children’s Hospital, Tony believes that Carena and other children across the world will find cure. Presently, Tony advocates for research and clinical programs at NRI.
Tony Petrello joined Nabors Industries in 1991 to render his services on the board of directors and the executive committee. Over the years, he has worked in several positions at the company, including being the chief operating officer, deputy chairman, and chairman of the board and the executive committee. In his current role, Tony Petrello works to ensure that Nabors Industries thrives in the highly competitive environment. He offers guidance on strategic planning. Before joining Nabors, Tony worked for a renowned a law firm, Baker & McKenzie, where he practiced international arbitration, general corporate law and taxation. In addition, he rendered his services for the firm’s New York office as the managing partner. Petrello is an alumnus of Harvard Law School where he earned a J.D. degree. Moreover, he earned his M.S. and graduated with a B.S. degree in mathematics from Yale University. Stewart & Stevenson LLC and Hilcorp Energy Company were impressed by his success. This way, Tony serves as a director of each of these corporations.