Tony Petrello On His Philantropy Efforts

Tony Petrello is the Chief Executive Officer, President, and Chairman of Nabors Industries. He is also an active philanthropist who has donated, along with his wife Cynthina, millions of dollars to worthy causes they are very passionate about. The Hamilton, Bermuda based drilling company was founded in 1968. They are a land based operation that drills for natural gas, oil, and geothermal.

The successful businessman was born and raised in a working class town Newmark, New Jersey. Since his family struggled to make ends meet Tony had to work very hard to create a better life for himself and his family. Because of that, Tony knows what it means to struggle and is passionate about giving back to the community.

Tony Petrello had a talent to math and received a full scholarship to Yale University where he earned a Bachelor of Science and Master of Science in Mathematics. He even was mentored by Yale mathematics professor and author Serge Lang. Through the process the two men became lifelong friends. When Tony Petrello graduated from Yale, he wanted to pursue a different career than math, so he changed directions and attended Harvard Law School. He graduated with a Juris Doctor in Law.

He sits on a number of boards including the member and Director of the Executive Committee at Stewart & Stevenson. He also is the Director for the Texas Children’s Hospital. This hospital means a lot to Tony and his wife Cynthia because their daughter Corena is taken good care of there. She was born premature and with a neurological disorder, which turned into cerebral palsy. Tony and Cynthia have donated over $5 million dollars to the Texas Children’s Hospital to further research about childhood neurological disorders. In a recent fundraiser for the hospital Tony and Cynthia were on the front lines to help and it brought in over $500 million dollars.

Tony Petrello has also donated to other causes he is passionate about including education. As a leader at Nabors Industries they set up educational scholarships for their employees and their children. To date they have donated over $3 million dollars. Tony, along with Nabors, was also there to help when Hurricane Harvey hit Texas. He offered to pay employees wages when they were busy helping rebuild the community. Nabors also offered their kitchen facilities so hot meals could be made for those in need. On top of that Tony Petrello personally matched employee funds to donate to the devastated community.

Read More: www.nabors.com/about-us/our-leadership/anthony-g-petrello

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