For Nabors CEO Tony Petrello, Children’s Health Is Close To His Heart

He has made millions of dollars bringing Nabors Industries back from bankruptcy and turning it into a leader in the energy industry. But all that success and money did not prevent Tony Petrello and his family from dealing with a health crisis, specifically with his daughter Carena. The young girl was born with a condition known as periventricular leukomalacia, or PVL. This condition affects infants and involves a lack of oxygen or blood to the brain, and makes performing the simplest of tasks difficult as they get older.

Because of this, Petrello and his wife, Cynthia Petrello, work closely with the Texas Children’s Hospital Jan and Dan Duncan Neurological Research Institute. In fact, Petrello sits on the Board of Trustees for the Texas Children’s Hospital and has donated $5 million toward research into PVL. Along with his money, Anthony Petrello has looked into treatments being done at institutions like John Hopkins and Harvard.

Petrello worked for the law firm Baker and McKenzie from 1979 to 1991 dealing with international arbitration, taxation, and corporate law. He came to Nabors Industries in 1991 as president and chief operating officer. During his time with Nabors, he has helped turn it into a multi-billion dollar energy exploration company. Petrello has Bachelor’s and Master’s Degrees in Mathematics from Yale University.