When a major disaster strikes, it reveals a lot about different businesses and business leaders. The reason for this is that it shows who actually cares about the communities they serve in. When Hurricane Harvey struck in 2017, Tony Petrello, CEO of Nabors Industries, and his company came to the rescue by helping as much as possible. While giving back to the community is already a special part of Nabors Industries and Tony Petrello, when the Hurricane hit, the company gave its employees paid time off to get out and help people who had been hit the hardest. Not only did Nabors send its employees out to different locations to offer a helping hand, but Tony Petrello also donated $173,622 to the Nabors Disaster Relief Fund, which matched the same amount donated by the company’s employees.
A small percentage of Nabors Industries employees were affected by Hurricane Harvey, and this, along with his desire to help the people of Texas is part of what motivated Tony Petrello to help out as much as he could. This isn’t unusual for Petrello; however, because as most people who live in Houston know, he is always taking part in philanthropic efforts. Anyone who knows him knows that he has donated quite a bit of money to help further research that is working to help kids with neurological disorders. To date, he has donated more than $7 million to the Texas Children’s Hospital. He also serves on the board for the hospital, and it was his donations that led to the development of a Neurological Research Institute. The Research Institute is the first of its kind that serves to learn more about kids neurological disorders, but Petrello hopes that it won’t be the last.
Tony Petrello is the CEO and President of Nabors Industries, and he came aboard with the company in 1991 when he served on its Board of Directors. Before he worked with Nabors, he worked at Baker & McKenzie, which is a law firm where he practiced corporate law, taxation, and international arbitration. He, specifically, worked with Baker & McKenzie’s New York office as a Managing Partner until he moved on in 1991. Petrello has always supported education and he, himself, earned a Bachelor’s of Science Degree as well as a Master’s Degree in Mathematics while studying at Yale University. He also attended Harvard Law School where he received a Juris Doctor.
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