The names Anthony Petrello and Nabors Industries, Ltd., the largest drilling contractor in the world, are synonymous.
Tony Petrello was elected to the company’s board of directors and the executive committee of the board in 1991. He has served as its president and chief operating officer from 1991 to October of 2011; as its deputy chairman since 2003; and as chairman of the board and chairman of the executive committee since June of 2012. In addition to his managerial responsibilities, Petrello also oversees the company’s strategic planning initiatives.
Petrello holds a law degree from Harvard Law School and was with the law firm of Baker & McKenzie from 1979 to 1991. He served as the managing partner of the firm’s New York office from 1986 to 1991, when he resigned to join Nabors. Petrello also holds both a bachelors and masters degree in mathematics from Yale University.
Petrello is also a director of Stewart & Stevenson LLC and of Hillcorp Energy Company. He is a member of the board of trustees at Texas Children’s Hospital, where he and his wife Cynthia are advocates for programs that support children with neurological disorders. The couple’s daughter, Carena, was born at 24 weeks and was diagnosed with periventricular leukomalacia, a common neurological disease in premature babies that is caused by a lack of blood flow to the brain. That caused her to develop cerebral palsy and other developmental delay issues to which the Petrellos spend time and money to find cures for. The couple recently donated $5 million to Texas Children’s Hospital, with a total commitment of $7 million to finance brain research for Carena and children like her so they can reach their full potential.
Find more details about Anthony Petrello at http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/deep_in_the_heart_of_texas.