Anthony Petrello Combining Business With Philanthropy

Anthony Petrello is the president and CEO of Nabors Industries. He is a respected executive in the gas and oil industry. Apart from his CEO duties, he engages in philanthropy in his Houston community.

Nabors Industries provide services such as innovative technologies, offshore drilling rigs, directional drilling, and high performance tools. The company operates in both international markets and the US market. It is listed in the New York Stock Exchange and has highly skilled people working in it.

Anthony holds J.D from Harvard University. He has bachelors and masters degree in mathematics from Yale University. Previously, he worked in a law firm – Baker & MacKenzie where he specialized in arbitration, general corporate law, and taxation. He resigned five years later to join Nabors Industries Board of Directors and Executive Committee. Later, he became the chief executive officer and president a position he served from 1991 to 2011. In 2003, he was appointed deputy chairman and later in 2011 he became the chief executive officer and resident of Nabors Industries.

He also serves as chairman of the executive committee board. In addition to his busy schedule, he engages in charity and philanthropic work. Other duties include strategic planning to help the company adapt and rise in order to differentiate itself from other competitors in the industry. Outside the office, he donates to medical institutions that engage in better health for children. The interest is sparked by his daughter’s health; she was diagnosed with periventricular leukekomalacia. The diseases is very common in babies born premature.

Anthony Petrello donated nearly $7million to the neurological research center of Texas Children’s Hospital. The funds support advocacy for children suffering from severe impairments. Petrello is also a member of the hospital’s board of trustees.

The CEO continues to help many causes though his hard work in both personal and professional setting. Nabors Industries is very profitable and has 500 active oil rig in 25 countries. He is among the top executives with the highest earnings in America. The share prices of the company have gone up by 180 percent since he took over as CEO from Tony.