Tony Petrello Understands The Importance Of Giving Back

It’s impossible to understand the depth and scope of the damage that can be inflicted by a Category 4 hurricane on a well-established city. On August 25th, 2017, Hurricane Harvey struck Houston, Texas, and caused an estimated $125 billion in damage. As the second biggest natural disaster in United States history, it affected roughly 13 million people in Texas, Mississippi, Tennessee, Kentucky, and Louisiana. Over 200,000 homes were damaged, leaving over 12,000 structures destroyed.

It’s times like these that local business owners sometimes step up and contribute towards recovery and relief. The President and CEO of Nabors Industries, Anthony Petrello, did just that, and then some. He gave his workers paid time off to go and work on recovery efforts. In addition, he matched a massive contribution gathered by his employees which in the end totaled more than $170,000. This fund called the Nabors Disaster Relief Fund was used for hands-on efforts. The kitchen at Nabor Industries was also used in the relief effort serving up three meals a day for local families.

Tony Petrello is no stranger to philanthropy. He and his wife Cynthia have a personal connection to a particular type of neurological disorder called periventricular leukomalacia (PVL). Their daughter Carena suffers from the disorder. This condition affects a person’s ability to speak, walk, and eat. It is frequently associated with premature babies as it occurs when their brains don’t receive enough oxygen. The Petrellos have donated roughly $7 million to research in the medical community to help find better treatments for people who suffer from this condition. As a member of the Texas Children’s Hospital Board of Trustees, Anthony Petrello works with Jan and Dan Duncan who operate a neurological research facility at Texas Children’s Hospital. They often examine the Petrello’s daughter Carena who just began chewing her own food last year.

Anthony Petrello has a BS and MS degree in Mathematics from Yale University. During his time at Yale, he developed a personal relationship with a professor named Serge Lang. This beloved mathematician and author passed away last year and Anthony decided to start an endowment fund in memory of his influence. He stated that he plans to donate $150,000 and will match any other donations up to that amount.

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