Although many people see oil executive officers in America as greedy and vain people, it is not so with the personality of Tony Petrello. He is one of the oil executives in Houston that is known for their philanthropic deeds. Tony has always been a man with a compassionate heart even before he became a reputable CEO of Nabor Industries. After he became a father of a premature daughter, Carena, Tony’s efforts and passion for philanthropy increased. If anyone was looking for a Chief Executive Officer with charitable institutions at heart, they would go for Tony.
Tony Petrello has contributed to the medical community in a great way. Medical scientific researchers have received immense emotional and financial support from Tony. To ensure the medical research came to fruition, Tony and his wife Cynthia gave 5 million dollars and even pledged to add some 2 million dollars more for this noble cause. Tony counts it a blessing seeing his daughter take her breakfast every morning. His daughter suffered from periventricular leukomalacia, a brain’s condition that affects how one speaks, walks and eats. The sincere kindness and positive attitude Tony and his wife have always filled their daughter with more optimism.
Besides being CEO of Nabors Industries, Tony is also the Executive Committee Board chairman of the same company. The Bermuda-based company is located in a city called Hamilton. Tony holds a J.D degree from Harvard Law School. He started his career at Yale University where he got both his BS and Master degree in Mathematics. Baker and McKenzie was the first law firm he worked for in 1979. From 1986-1991, Tony became the firm’s Managing Director before joining Nabors Industries the same year. Before he became the company’s President in 1992, he was the Chief Operating Officer in 1991. From 2003-2012 June, Tony was the Nabors’ Deputy Chairman before he became the CEO of the company in 2012.
Tony’s FY 2015’s total calculated compensation is 27,512 939 dollars. Since February 2011, Tony has been at Stewart & Stevenson as a Director. He has also been a Texas Children’s Hospital Director. He is also one of the Board of Trustees’ members who greatly support the clinical and research programs in the same hospital to ensure patients with neurological disorders get their cure. Since there is no cure, yet, for periventricular leukomalacia that has affected his daughter, he saw the need to invest his money, time and energy in brain research with hope for a solution. Tony and his family intend to collaborate with Texas Children’s Hospital in establishing an Institute for Neurological Research.