Anthony Petrello Ups The Ante In Philanthropy

Anthony Petrello has been very generous regarding his donations as of late, recently giving $5 million, with the promise of an additional $2 million, to a new research incentive. In addition to his monetary donations, Mr. Petrello has been very active in the fundraising efforts regarding the incentive.

According to patch.com Mr. Petrello’s active commitment to this new incentive can be attributed to the close relationship that he has with his daughter. Each morning, Mr. Petrello witnesses a miracle when witnessing his daughter eat breakfast. Eight-year-old Carena, who was born prematurely, was eventually diagnosed with periventricular leukomalacia and developed cerebral palsy. Because of this, his daughter experienced developmental delays that significantly impeded her ability to learn the things all children learn over time. Recently, after hours of practice, Carena developed the ability to chew and swallow solid food. Mr. Petrello, along with his wife Cynthia, has been dedicated to the search for answers regarding Carena’s condition and discovering new research methods.

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As the Chief Executive Officer of Nabors Industries, the world’s largest drilling contractor, Anthony Petrello has discovered that along with his business interests, one of the most important aspects of his day-to-day activities includes his involvement with the Texas Children’s Hospital. As a member of their Board of Trustees, Mr. Petrello is intimately involved, but he initially discovered the Texas Children’s Hospital after an intense search for a pediatric research institution that could adequately handle his daughter’s needs; unbeknownst to him, the solution was a local hospital.

Anthony Petrello is currently the Chief Executive Officer of Nabors Industries, receiving his degree in Mathematics from Yale University. In 1979, Mr. Petrello decided to take a position with Baker and McKenzie; a law firm that placed its central focus on taxation, internal arbitration, and corporate law. In 1986, he would become the managing partner at Baker and McKenzie, holding that position until 1991, when he decided to resign and join Nabors Industries as President. In 2011, Mr. Petrello became the CEO of Nabors Industries and in 2012 he became the Chairman of the Board, as well as the Chairman of the Executive Committee of the Board.

Find more about Anthony Petrello: http://fuelfix.com/blog/tag/anthony-petrello/