January 21, 2017

Anthony G. Petrello’s Active Philanthropy for the Medical Field Specializing in Neurological Research and Other Movements

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Anthony G. Petrello is the present president, chairman of the board and chief executive officer or Nabors Industries. Besides his career in the oil and gas industry, Anthony is a well-known philanthropist in the Houston regions. Anthony Petrello’s philanthropy is heavily inclined to the medical field due to inspiration stemming from a personal matter. Petrello’s daughter was an early-born of 24 weeks who weighed approximately over one pound.

Soon after her birth, Anthony Petrello and his wife Cynthia Petrello received the devastating news that their child, Carena, was diagnosed with PVL or periventricular leukomalacia. The disease has a common association with prematurely born babies and causes serious neurological illnesses due to an inadequacy of blood and oxygen in the brain. As a result, Carena developed a chronic motor ability impairment, cerebral palsy, developmental complications, and a need for a full time personal care. Anthony Petrello and his wife Cynthia have dedicated their lives to providing funds to the medical field in support of research on the ignored area in neurology.

Tony Petrello set out to find the best medical facility by investigating hospitals across the nation that could help his child. He conducted research in Harvard, UCLA, John Hopkins, Europe and other locations around the world. Anthony revealed that in a bid to find a cure for his daughter, he concluded that there are few medical facilities focused on providing solutions to children with neurological complications. After years of research, Anthony and his wife found a medical facility that could cater to their daughter from their hometown, Texas.

Click here to learn more about CEO Anthony Petrello.

Tony Petrello contributed 7 million dollars to the Texas Children’s Hospital in 2006 with an aim to support children suffering from neurological diseases. In 2014, Anthony Petrello donated 5 million dollars to aid in research of genes linked to early childhood brain disorders at the neurological hospital. He commented that the hospital is a leading modern technological center that is helping millions of children with top-notch medical services.

Anthony donated $5 million to build a new Texas Children’s Neurological Research Center. Mr. Petrello honored his former mentor from Yale University, Professor Serge Lang, by donating $150,000 and matching up any other donations with an equal $150,000, to support an annual prize giving of the late professor. Currently, Anthony serves as a member of the hospital’s board of trustees and actively advocates for children in need of support.

Source: http://people.equilar.com/bio/anthony-petrello-nbr/salary/503049#.WIfFQLYrJTZ

Category : Philanthropic Works

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