Anthony Petrello is the mathematician whiz who became a giant in the business world as CEO, Chairman, and President of Nabors Industries and one of the top paid CEOs in 2013 with earnings of $68.2 million dollars. Still, his success in the business world pales in comparison to his philanthropy. One such cause he finds dear to his heart is Neurological Research. According to the World Health Organization, more than one billion people from around the world suffer from some form of neurological disease.
Petrello’s daughter, Carena was born prematurely at 24 weeks with Periventricular Leukomalacia (PVL). A neurological condition caused by lack of oxygen or blood flow to the brain. Petrello sought worldwide for pediatric research into this neurological condition. He found little in the way of help until he discovered Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital. Anthony Petrello and his wife Cynthia donated 5 million to the research 2006 and dedicated to raising 7 million more for the cause.
Anthony Petrello was born in Newark, New Jersey. He attended Yale University, where he received his B.S. and M.S. degree in Mathematics. Afterwards, he graduated from Harvard with a Juris Doctor degree in law and joined the law firm, Baker & McKenzie. He was a managing partner from 1986 to 1991.Tony Petrello Welcomes Tommy Tune Home To Houston
In 1991, he joined Nabors Industries as Chief Operating Officer. Nabors Industries is the world’s largest geothermal and natural gas drilling contractor and have operations across the globe. By 2011, he had become President and Deputy Chairman of Nabors Industries as well as the CEO of the company. He would remain Deputy Chairman until 2012. How Tony Petrello Helped Houston With Hurricane Harvey Relief
Therefore, it is no wonder that a man with so much drive and talent would become one of the top paid CEOs in 2013. As of FY 2015, Petrello’s total calculated compensation was $27,512,939. Yet for the super successful Petrello family, helping to find a cure for neurological conditions that affect so many is perhaps their most important goal to date.The Real Story Behind Anthony Petrello’s Success as CEO of Nabors Industries