Tony Petrello: Mathematician, Attorney, CEO And Caring, Generous Philanthropist

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Posted by omeditors | Posted in CEO, Charity | Posted on 05-04-2018

Newark, New Jersey native Tony Petrello has made a name for himself in the oil and gas industry. He is now the CEO of a leading land based oil and gas drilling company, Nabors Industries. Many people were shocked when Petrello moved into the oil and gas industry. He had been a math whiz who earned bachelor’s and master’s degrees in mathematics degrees from Yale and a juris doctor from Harvard Law School.

Tony Petrello had then spent six years rapidly rising through the ranks at the New York law firm Baker & McKenzie before being hired away by Nabors Industries, one of their biggest clients.

Along with being a talented mathematician, attorney and executive, Tony Petrello has proven to be a generous, caring person as well. When Serge Lang, his math professor and mentor at Yale, died recently, Tony Petrello donated $150,000 to set up a scholarship in his honor. He also pledged an additional $150,000 in matching funds to the Serge Lang scholarship fund at Yale University. Creating the scholarship had a dual purpose. It was a way to honor a beloved professor, but it was also a way to give to the less fortunate. Tony Petrello was only able to afford to attend Yale because he received a scholarship.

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When Hurricane Harvey ripped through Houston, Texas and destroyed the homes and disrupted the lives of hundreds of thousands of people, Tony Petrello showed his caring nature once again. Nabors Industries gave workers paid time off to free them up to help with the disaster relief efforts. The company also used its kitchens to provide thousands of relief workers and hurricane victims with 3 hot meals a day. Plus, Tony Petrello donated $175,000 to organizations involved in Hurricane Harvey disaster relief efforts. He also matched the $173,622 employees raised through the Nabors Disaster Relief Fund.

Tony Petrello used one of the most painful times in his life as an opportunity to give to others. When his newborn daughter Carena was diagnosed with a serious neurological disorder, Petrello was devastated. Still, he decided to donate $7 million to the Texas Children’s Hospital to kick-off their fundraising efforts to build a facility for neurological research and treatment. Tony Petrello then went on to volunteer to help to raise the additional $200 million it took to complete the Jan and Dan Duncan Neurological Research Institute and make it an incredible facility.

See: http://www1.salary.com/Anthony-G-Petrello-Salary-Bonus-Stock-Options-for-NABORS-INDUSTRIES-LTD.html

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