Tony Petrello is the administrator and CEO of Nabor Industries one of the largest drilling contractor oil company. Tony was born in Newark, New Jersey. Tony has two degrees in mathematics from Yale University and a law degree from Harvard University. After school he joined Baker and McKenzie law firm, focusing on corporate law, taxation and international arbitration. He became managing partner in 1986 and later moved to Nabors industry in 1991. After joining he was elected to be Nabor board of directors and executive committee board. In 2003 he became the deputy chairman. He has also been serving as the moderator of the executive committee of the board since 2012.
He is also an essential member of the Texas Children’s Hospital Board of Trustees as he is committed to the fundraising cause. When his daughter Carena was born, she was only 24 weeks and 20 pounds, she was diagnosed with Leukomalacia. The disease occurs when there isn’t sufficient blood flow to the brain which results in little oxygen in the brain .this condition causes the victim to develop cerebral palsy and experience developmental delays. With the state of their daughter, the Petrello had to put an effort to find a solution. They moved from the research facility to the other and finally came to the conclusion that kids suffering from the problem require research on at a high scale.
Texas children hospital provided the kind of attention Tony required for their daughter. Tony hopes that the research center will provide the necessary solutions over the years. In the efforts of a solution tony and his wife donated $50 million to the creation of the Jan Duncan neurological research facility in 2010. Inspired by daughters course and the development Tony has also contributed to other charities. He donates $15000 for his friend Professor Lang memorial service. Lang was a professor at the Yale University and an excellent one.
Tony’s course in Neurological Research Institute aims to find a cure for the disorder. The couple has been supportive to the doctors for giving their time to finding a cure; Tony is always optimistic about the treatment. Tony and his wife have been in a few conferences joined with other parents who have been touched by the disorders, talking about it and the challenges faced. Tony and his wife have volunteered at charity events and when they get a chance they also write about it. Tony shares his experience with humility. Tony has endured a lot of perseverance, and the only way to remain hopeful is by networking with more doctors. People should view this commitment as a source of inspiration to not give up but keep the faith.
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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.
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