The Reporter Expert recently published Ravi Mandalia’s article “The Good Deeds of Tony Petrello”. Tony Petrello, the CEO of Nabors Industries has gifted more than 5 million dollars to research with the intention of giving another two million in the future.
One might wonder why Tony Petrello is so dedicated to the philanthropy. To discover the reason, one only needs to look as far as his breakfast table. Tony Petrello’s young daughter Carena has had a large influence over her father. The eight-year-old was born with periventricular leukomalacia, a disease often discovered in babies born prematurely. Periventricular leukomalacia prevents adequate blood flow to the brain which for Carena, led to cerebral palsy.
Through this experience, Tony Petrello and his wife became devoted to donating and fundraising to better understand and support those who have the disease. He has even become a part of the team at the Texas Children’s Hospital Board of Trustees. Throughout his search for answers, Tony Petrello recognized that the issue was a lack of brain research on children. By joining the team with Texas Children’s Hospital, Tony has been able to create the Neurological Research Institute at that hospital with the hopes of aiding children like his daughter.
Tony was also able to team up with some leaders in the industry like Dan Duncan. Mr. Duncan has similarly been interested in the development of greater neurological research and he has contributed more than fifty million to the Jan and Dan Duncan Neurological Research Institute.
Tony Petrello’s donation is geared towards providing resources for neurological disorders in young adults and kids. He dreams that this donation and those of others will allow children like his daughter to have a greater quality of life because of the research.
However, Tony Petrello has gone beyond just seeking to help children like his daughter. He also set up an endowment to celebrate the life of an influential mind, Serge Lang. Tony Petrello was one of the students of Serge Lang and after the Yale professor died last fall, Petrello created a gift of $150,000. The award is available to those who are looking to study mathematics.
Anthony Petrello, also known as Tony, is the Chief Executive Officer and President of Nabors Industries. Nabors is a leading land based drilling company based in the United States. They have a highly trained crew that provides drilling services throughout the oil and gas niche.
Anthony Petrello gained his B.S. from Yale in Mathematics where he met Mr. Lang. He later went on to graduate with his M.S. from Yale and his Juris Doctor from Harvard.