Chairman & CEO Anthony Petrello of Nabors Industries Commits to Supporting the Texas Children’s Hospital
Anthony Petrello of Nabors Industries, a leader in proving drilling rigs and the largest drilling fleet rig in the world is devoted to family, business, and philanthropy. In 2007, Anthony Petrello and his wife Cynthia and Jan and Dan Duncan donated $50 million to start the first basic research institution, nationally and globally. The Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital finally opened its doors in 2010 to discover therapies to treat childhood neurological diseases.
Mr. Petrello and Mrs. Petrello are proud to support such causes after years of searching for a hospital to treat their young daughter. They eventually found the Texas Children’s Hospital, the only medical institution in the world to focus research on the brain for children. After therapy treatments at the facility, the Petrello family has recognized remarkable motor skill development in their daughter who was diagnosed with cerebral palsy, a neurological disease. Anthony Petrello is a member of the Hospital’s Board of Trustees and financially supports the Neurological Research Institute.
Texas Children’s Hospital and The Jan and Dan Duncan Neurological Research Institute announced Mr. and Mrs. Petrello made a $7 million pledge. They have already donated $5 million of the pledge to help the institute further its studies to understand the pathogenesis of neurological diseases. Many scientists and physicians are working on common goals to develop therapy treatments to help children patients.
Nabors Industries Ltd. provides solutions and services for drilling offshore, land, directional, software applications, and technology to global oil and gas markets. Anthony Petrello of Nabors Industries serves as the CEO and President beginning in 2011, and Chairman, since 2012. Anthony Petrello joined the company in 1991 immediately after leaving Baker & McKenzie Law Firm.
Mr. Petrello is a graduate from Yale University and Harvard Law School, holding bachelor’s, master’s, and J.D. degrees in mathematics and law. He practiced general corporate law, international arbitration, and taxation from 1979 to 1991, before joining Nabors Industries to serve as the Chief Operating Officer. Anthony has devoted nearly 26 years overseeing strategic planning and operations at the company, and providing leadership.