As of late, Anthony Petrello has been very generous with his fortune, donating $5 million to a research initiative, and according to sources, has plans to give an additional $2 million in the near future. Mr. Petrello has also been vocal about his intention to focus his efforts on the fundraising aspect of the initiative. There is added incentive to Mr. Petrello’s efforts involving the initiative, as the cause is very close to his heart. He witnesses a miracle each and every morning at breakfast time when his daughter, who was born at 24 weeks and diagnosed with periventricular leukomalacia, eats solid food. Mr. Petrello’s daughter is now 8 years old, and after spending a number of hours mastering the process of eating solid food, has leveled her efforts toward walking and talking. The neurological disease, which inhibits his daughter Carena from learning things that children naturally process as they grow, is a result of a lack of oxygen to the brain, and eventually caused her to develop cerebral palsy. As Mr. Petrello and his wife Cynthia are intimately invested in the cause, they continue to spread awareness on their dedicated journey to finding new answers to a problem that affects many children that are born prematurely.
As the Chief Executive Officer of the largest drilling company in the world, Nabors Industries, Anthony Petrello has been an integral part in growing his company, but amidst all of his business endeavors, he continues to show his dedication as a member of the Texas Children’s Hospital Board of Trustees. When faced with the harsh realities associated with the birth of Carena, Mr. Petrello and his wife sought a pediatric research institution that would be able to give them the highest quality of care. Discovering that the children needed transatlantic research, Mr. Petrello saw an opportunity regarding the brain research that was being done. This eventually led him to the local Texas Children’s Hospital.
Anthony Petrello graduated from Yale University with a Bachelor of Science Degree in Mathematics, and pursued further education, graduating from Harvard Law School. After graduating, Mr. Petrello joined the Baker and McKenzie law firm in 1979, eventually taking on the role of Managing Partner in 1986. He would later join Nabors Industries in 1991 as a member of the Board of Directors and President before ascending to the position of Chief Executive Officer in 2011.
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