Anthony Petrello Gives Hope To Children With Neurological Disorders

Anthony Petrello is at the helm of Nabors Industries as Chairman of the Board, President and Chief Executive Officer. He has gained recognition for his strategic initiatives, which has positioned the company as one of the best oil and gas drillers in the world.

Nabors Industries prides itself in owning and operating the most advanced and sophisticated drilling rig fleet, making it a leader in offshore drilling rigs. High levels of automation coupled with highly skilled workers has enabled Nabors to provide fulfilling directional drilling services, performance tools and innovative technologies in the oil and gas markets.

Anthony Petrello has served various capacities both in Nabors Industries and in other companies. Before being appointed to his current position, Tony served as Nabors’ President and Chief Operating Officer for over two decades. He joined the company in 1991 from Baker & McKenzie, where he served as a managing partner dealing with corporate law, taxation and international arbitration. Petrello earned both B.S. and M.S. degrees in Mathematics from Yale University. He is also J.D. graduate from Harvard Law School.

The birth of a child is a source of joy for any parents, but for Anthony and his wife Cynthia Petrello, the birth of their daughter Carena -born with periventricular leukomalacia- completely changed their lives. This condition is common in premature infants, and is caused by insufficient oxygen to the brain. Although Carena was born successfully at 24 weeks and weighing 8 ounces, she later developed cerebral Palsy. Her condition motivated Tony to invest a lot of money in research of childhood neurological diseases. He has donated over $70 million to Texas Children’s Hospital where he also serves as member of the Board of Trustees. The hospital also houses The Jan and Dan Duncan Neurological Research Institute, which mainly focuses on child neurological disorders.

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