Many people recognize Tony Petrello as the CEO of Nabors Industries. However, he is also a philanthropist. His philanthropic efforts are aimed at helping kids born with neurological disorders to lead better lives. Tony Petrello donated $7 million to the Texas Children’s Hospital to facilitate the hospital initiate research into the cause of neurological disorders in kids.
Petrello is passionate about helping children born with neurological disorders as his daughter Carena, 8, was born with periventricular leukomalacia. The condition makes it hard for Carena to learn things at the same rate as healthy kids. In fact, as an 8-year-old, Carena is learning to chew solid food, walk, and communicate. Carena has been an inspiration to Petrello and his wife, Cynthia, as the two decided that they will fund projects meant to help their kid and others like her.
Of course, when medical practitioners diagnosed Carena with the condition, Petrello and Cynthia set out to help her get treatment. The two researched the best medical facilities both in America and internationally and concluded that information on Carena’s condition was limited. Also, they discovered that Texas Children’s Hospital was one of the leading medical facilities regarding the management of neurological disorders. Petrello’s donation was meant to improve the facility’s ability to manage the numerous neurological disorders afflicting thousands of children across America. In 2007, Petrello persuaded Dan Duncan, the Chairman and Director of Enterprise Products, to donate a whopping $50 million towards equipping the Texas Children’s Hospital.
Duncan’s donation was used to build Jan and Dan Duncan Neurological Research Institute.
Petrello donated $150,000 towards an annual prize meant to commemorate Serge Lang. Lang was a mathematics professor at Yale before his demise last year. Lang and Petrello worked together on various mathematical theories including Lang’s number theory while Petrello was an undergraduate student at Yale University. It is imperative to mention that Petrello’s abilities in math were above par.
Petrello is an alumnus of Yale University and the Harvard Law School. He started out his career with Baker & McKenzie in 1979. Seven years later, he became the managing partner at the firm. In 1991, Petrello joined Nabors Industries, the largest land driller with interests in oil, natural gas, and geothermal. Before reaching the helm of the company, Petrello served in different positions including as a directors and the executive committee of the Nabors’ board and chief operating officer. Presently, he is the CEO as well as the Chairman of the Board.