While Tony Petrello is best known for being a tycoon of the oil industry. He is also known as one of the most generous focused contributors to children’s neurological research. Tony and his wife, Cynthia, gave birth to a girl that was born with periventricular leukomalacia or PVL. The illness in their daughter touched them both deeply and they have since committed themselves to do everything they can to contribute to research for that illness and other neurological ailments. Tony is on the board of Texas Children’s Institute where she uses his business knowledge leadership skills to help forge the way for neurological research.
Tony and Cynthia are one of the largest donors to the Texas Children’s Hospital and to date have contributed nearly seven million dollars to help fund neurological research. Aside from donating funds, the couple are incredibly involved and donate their time and resources diligently to the Texas Children’s Hospital’s Jan and Dan Duncan Neurological Research Institute. This has become a passion and dedication for both Tony and Cynthia Petrello and they have made it their life’s work. In fact, Tony was cited in an article that noted he was not voted to the “best paid bosses” list because although he focuses leadership skills on Nabors, he has focused a great deal of his time and energy into advancing neurological research for children.
Tony Petrello currently holds the impressive titles of President, Chief Executive Officer and Chairman of the Board for Nabors. If you aren’t familiar with Nabors, it is the worldwide leader in providing oil and drilling equipment and the highly trained employees that have the vast knowledge needed to operate that equipment with unmatched success. Nabors works with every major oil or gas drilling location throughout the world. Under the guidance of Tony Petrello, Nabors has become the first and foremost leader in bringing technology to the oil industry.
This revolutionary technology has increased efficiency and the success of the companies that have adopted it and brought their companies into a greater revenue stream.