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A Review Of The Illustrious Career Of Nabors Industries’ CEO Tony Petrello

Lately, it appears that Tony Petrello has been on a great mood of donating his resources. Recently, he gave $5 million to a research initiative. He also donated an additional $2 million towards the same. Notably, he is expected to donate more towards the initiative in the future, as the fundraising an ongoing process.

Petrello understands how unbearable life can be. Each morning, Tony loves having breakfast with his eight-year-old daughter, Carena. She learned how to chew solid food last September. This process took many hours of practice. She learned this crucial task through determination. Presently, Carena has many other projects that she is getting ready to master, including talking and walking. The beautiful girl is undergoing therapy because she has a neurological condition that makes it difficult to master the things that children learn while growing.

One of Tony’s key activities is serving as a member of the Texas Children’s Hospital Board of Trustees. When Tony and his wife learned that they would be facing a challenging journey with Carena, they made it their mission to identify a pediatric research institution that would help many other children having neurological condition. To this end, they investigated different facilities internationally and those at UCLA, Harvard, and John Hopkins. After months of investigation, they came to a conclusion. The children required transatlantic research, which was not done on a level that Tony Petrello thought it should be done. He decided to fund research on neurological problems among kids.

It turned out that the facility that they needed to go to, Texas Children’s Hospital, was within their neighborhood. Tony’s mission is to enable Carena and all children with similar disorder to grow up and become what they want to be. To actualize that dream, he hopes that the Texas Children’s Hospital’s Neurological Research Institute will lead the way. In 2006, Tony donated $7 million to the facility.

Apart from the children’s hospital, Tony was inspired to give toward a yearly prize at Yale University, his Alma mater. He sought to recognize and reward his mentor and friend, Serge Lang, a renowned math professor.

About Tony Petrello

Tony Petrello is the president, chief executive officer, and chairman of the board of Nabors Industries. He was elected to the company’s executive committee of the board in 1991. Between 1991 and 2011, Tony served as the president and chief operating officer, and deputy chairman respectively.

Petrello began his career by working for Baker & McKenzie, a successful law firm where he specialized on general corporate law. He graduated with a Bachelors and Master of Science degrees in mathematics from Yale University. Tony holds a Juris Doctor from Harvard Law School.

For details: yaledailynews.com/blog/2006/02/21/alum-endows-prize-in-memory-of-lang/

Anthony Petrello- Texas Philanthropist supporting Children with Neurological disorders

After Anthony Petrello had struggled with a medical condition that was giving her daughter developmental challenges, he realized that he could use his influence and connection to start a medical research center that would find a solution to neurological medical disorders. His daughter, Carena was born with a brain condition that hampered sufficient blood supply to her brain. The net effect is that her brain received less oxygen than is needed for normal body functions. The condition later developed into Cerebral Palsy. This new condition created a situation where his body organs would no longer develop in a normal way. Her growth was greatly affected. He could not learn basic skills such as eating, talking or walking.

Anthony Petrello and his wife had to look for medical care that would treat her condition. They transversed the world visiting the best medical facilities, but they could not find one that could promise them the solution they were looking. They noticed that across the world, the healthcare departments had neglected the issue of neurological disorders in children. No single facility had a department for children living with neurological disorders.

After much struggle, Anthony Petrello decided to use his own money to support a reach center in his Texas neighborhood. He approached the Texas Children’s Hospital with the aim of convincing them to accept an offer to build a Neurological Research Centre at the hospital. To kick off the efforts, Anthony Petrello offered to contribute $5 million to support the initiative. He also promised to contribute another $2 million later after the center had shown progressive results. Anthony Petrello did not stop there; he promised to use his business connections to mobilize other philanthropists to support the initiative.

As part of his efforts to address the neurological issue, Anthony Petrello attends conferences and seminars that address the topic of neurological disorder with the intention of talking to other parents who have children who are suffering from the same condition. He wants to give hope to every parent out there that there is strength in bringing their efforts together to support this initiative that could finally lead to a treatment solution that would eliminate suffering to thousands of other children in the world. For more info about us: https://www.inc.com/profile/nabors-industries click here.

Since starting the research Centre, Anthony Petrello has managed in bringing more donors who have pledged to support the initiative since it is a noble initiative. He hopes that in the future, the neurological medical disorder will be no longer insurmountable.