Meet Tony Petrello: He’s The Chairman And CEO Of Nabors Industries Who Gives Back To Those In Need

Tony Petrello may be a long time resident of Texas, but he was born and raised in New Jersey. Petrello is Chairman, President and CEO of Nabors Industries, Ltd., one of the largest land-drilling companies in the world. His impressive résumé includes a Juris Doctor earned at Harvard University, and an undergraduate and master’s degree earned in mathematics from Yale University. He also has an impressive résumé when it comes to giving back to charitable causes.

Yet, even with Petrello’s wins in business at Nabors Industries, and an impressive education in mathematics and law from Ivy League schools, he has dealt with challenges on a personal level. In 1997, Petrello’s daughter was born premature at just 24 weeks old. Their newborn, Carena, weighed just 20 ounces. In addition to a premature birth, Carena was diagnosed with periventricular leukomalacia (PVL), a neurological disorder.

As a result, Petrello’s daughter, Carena, ended up developing cerebral palsy, which is a neurological condition that can impedes a child’s physical development and lead to additional issues.

Read more: How Tony Petrello Helped Houston With Hurricane Harvey Relief


For someone like Anthony Petrello, who was considered a genius in mathematics for solving complex math problems at Yale, Carena’s rare medical condition led him to delve deeper into her issues. He was interested in figuring out what the cause of Carena’s premature birth was, along with her neurological disorders.

Carena’s rare condition led Petrello and his wife, Cynthia, to donate resources to Texas Children’s Hospital to fund neurological research. The Petrello’s created the Petrello Family Foundation in 2001, which focuses on improving education, medicine, as well as the performing arts. The couple donated 7 million dollars to Texas Children’s Hospital, and were co-chairs for a campaign to raise more than 500 million for the hospital. The Petrello’s have been charitable not only for medical research, but for other causes.

The Petrello’s have also donated to the performing arts. In November of 2017, the couple hosted a cocktail party with 50 special guests for Tommy Tune, a famous Broadway legend who the couple welcomed back to his home state of Texas. Tune was born in Wichita Falls, but went to high school and attended graduate school in Houston.

Cynthia Petrello has a special bond with talents like Tommy Tune. Now retired, she was once a New York actress. Although New York is a distance from the Petrello’s in Texas, the couple’s show of gratitude towards Broadway and Tune is admirable.

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

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