Hope And Philanthropy For Tony Petrello’s Through Research Funding
The premature birth of Tony Petrello’s daughter Carena, at 24 weeks brought about extensive personal research between him and his wife, Cynthia. Diagnosed with periventricular leukomalacia (PVL) at birth due to lack of sufficient oxygen flow into the brain, Carena encountered development problems including cerebral palsy. Her parents were distressed by lack of enough medical interventions research which led to another commitment to standing with parents having similar cases.
The couple has been philanthropic, but this case led to specific charitable efforts such as the $7 million donations to Texas Children’s Hospital in 2010. Tony Petrello donations were used in funding research at the Jan and Dan Duncan Neurological Research Institute, to ensure children around the world get the best treatment for neurological disorders. He says it’s humbling raising his daughter with a severe developmental disability but has not given up, hoping to work out a cure through research.
He has a passionate heart about giving back to the community which was instrumental in his capacity and as the leader of Nabors when Hurricane Harvey wreaked havoc in Houston, Texas. He quickly mobilized a team of disaster relief workers from Nabors, who were paid for the time off. Moreover, Tony matched every dollar the employees donated towards the disaster relief funds, equaling their $173,622 donations. He encourages his employees to live a healthy and fit lifestyle and avails equipment for workouts at work.
Tony Petrello attained his bachelor of science in mathematics from Yale University on a public school scholarship. His family was not stable enough, something that motivated him to work hard at high school earning the scholarship. He received his master’s in mathematics at the same institution before heading to Harvard Law School. He was later employed at Baker & McKenzie law firm in New York rising to become a managing partner. His successful law career attracted one of the firm clients, Nabor Industries Ltd, who inquired of his services, leaving to become the current president and Chief Executive Officer.
Forward thinking and teamwork have been his propelling theme at the oil drilling company. He is a strong leader who emphasizes on talent and experience in a collaborative leadership style which has enabled Nabors Industries to stay on top of the industry. He aims at the improvement of each project they perform making their operations more efficient than the last time they did it. Tony Petrello has led the company by extending its services to off-shore drilling and production of some of the safest and largest rigs across the market.
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