Category Archives: Leader

Anthony Petrello: A $7 Million Donor To Children’s Healthcare Research

When it comes to medicine and cures for various illnesses and disabilities affecting young children, it’s often taken for granted just how much time and financial resources are needed to research and develop the medicine. One man who does understand this and is working to help an area of need in neurological research is Anthony Petrello. Anthony Petrello is a well-known businessman in the Houston area who is the Chairman of Nabors Industries. Nabors Industries one of the largest drilling operations and contractor companies in the world. He is also on the Board of Trustees at the Texas Children’s Hospital where he has given $7 million in support of finding solutions to neurological disorders.

Solving problems and finding answers is something Anthony Petrello did way before he became Chairman at Nabors, started a family or became involved in healthcare philanthropy. It actually started when he was a young man studying math in school. He became very good at learning math and finding his way around complex equations that he got accepted into the advanced mathematics program at Yale University where he also studied under the renowned Professor Serge Lang. He completed both a bachelor’s and master’s degree in the field and looked to have quite a promising career ahead of him.

Petrello didn’t end up solving problems as a mathematician, but he did use numbers in finance to help clients at Baker & McKenzie law firm. Solutions he offered to clients here involved corporate restructuring, tax compliance, employment issues and other things. His legal and financial expertise would land him a position as Chief Operating Officer at Nabors Industries where he would help guide the company in strategic investment and technology developments. In 2011 he became CEO and Chairman of the entire company and has continued to guide the company to discover new patents and solutions for the oil industry.

While Petrello has solved many problems in his education and business career, he couldn’t solve one problem that mattered the most to him and that is his daughter Carena’s struggles with Cerebral Palsy. Anthony and his wife Cynthia love their daughter dearly and sought the counsel of many of the nation’s leading physicians and research centers when they discovered her condition and explored treatment options. While there are no known cures yet, Anthony Petrello is dedicated to pouring his personal time and giving financially to the neurological research field with the hope that in time cures will be found.