It was recently reported that Tony Petrello has been assisting Houston with the relief of Hurricane Harvey. His employees will participate in fundraisers, community projects, and special events. He gave his employees paid-time off to help in these Hurricane Harvey Relief efforts. Petrello also matched his company employees’ relief contributions of $173,622.
This matching of the funds that Nabors Industries gave is called the Nabors Disaster Relief Fund. This funding assisted in providing hands-on relief efforts. Nabors also opened up their kitchen to feed others with industrial-sized amounts of three meals daily. And their corporate communication’s manager stated that 10 percent of their workers were hit with Hurrican Harvey. Upon hearing this, Nabors Industries were prompted to help their employees.
Other things Petrello gave charitable acts too included donating to several national organizations. They also have given generously to national organizations, such as Bike MS and the Susan G. Komen Foundation. His company also has a Nabors Charitable Foundation, and this foundation has contributed over $3 million in educational scholarships for their employees’ children.
And when it comes to Petrello’s most favorite philanthropic efforts, it was when gave in support of childhood neurological disorders. He gave $7 million to the Texas Children’s Hospital. He did this after conducting extensive research concerning children with these medical issues in which he found out that there was little information provided as well as their being limited, treatment options. And furthermore, he and his wife, Cynthia, continually gives passionately when it comes to the promotion of education.
About Anthony Petrello
Anthony Petrello is the chairman, CEO, and president of Nabors Industries Ltd located in Hamilton, Bermuda. His company is the globally largest natural gas and geothermal drilling contractor which operates in the US, Arica, the Middle East, and the Far East. He has been in the company since 1991 in which he climbed to the ranks of being the CEO, chairman, and president.
His educational achievements include the following: He earned his bachelor of science and master of science degrees in mathematics from Yale University. He also earned his JD degree from the Harvard law school.
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