Tony Petrello is the current Chief Executive Officer at Nabors Industries. The company is a top of the line firm that majorly has its interests in the production of natural gas as well drilling of oil. He was appointed to CEO status in the year 2001. He commenced his career in the field of law after graduating from the Harvard School of Law.
The CEO financed a scholarship initiative at the Yale University. The reason is that Tony Petrello was also on a scholarship fund when he was learning in the university and recalls how strenuous it was to apply for the scholarship on his own. Petrello was brought up in a middle-class family in the city of New Jersey. The kind of life that he lived opened his eyes to what the basic needs of a modern American family entail including getting ways of facilitating education needs for the children especially when they reach university levels.
His natural behavior of reading and being an excellent listener-led to his scholarship acquisition in Yale and was determined to do the same for other students when he would be successful. This is the sole reason why Tony Petrello created his scholarship fund as in his vision he sees education as a stepping stone to greatness as he is an example of what training has done to him.
After the Hurricane Harvey incident that occurred in 2017 in the state of Texas, the employees at Nabors Industries as well as Tony Petrello took part in relief efforts to help the needy. The employees were given paid time to support wherever required as an incentive. The CEO set up the Nabors Disaster Relief Fund to help the local community. This included offering cooked meals to the needy families three times a day.
Another charitable cause that Anthony Petrello is vividly invested in is the neurological disorders that affect children. In conjunction with his wife, the Petrello family have donated to organizations that research on these disorders. These charitable donations include the 7 million dollar fund the family offered to the Texas Children’s Hospital. This fund helped the hospital initiate the Jan & Dan Duncan Neurological Institute. The facility is poised with researching on new treatments, developing as well as testing those treatments. The institute built was the first institute of its kind that specifically dealt with childhood disorders.
Check more about Anthony Petrello: http://blogs.marketwatch.com/thetell/2014/05/27/why-nabors-ceo-wont-top-best-paid-bosses-list-again-in-2014/