Many people only relate Anthony (Tony) Petrello to money and business, particularly the oil and gas industry. This should be expected of a man who received $27,512,939 as total compensation from salary, bonus, awarded stock, and other kinds of compensation in 2015.
As Nabor Industries Ltd’s Chief Executive Officer since 2011, Tony Petrello is the force behind the excellent reputation of the company he joined in 1991 after resigning from a law firm, Baker and McKenzie where he had been working since 1979.
Despite these overwhelming achievements, Tony is a brisk family man with a heavy presence in charity, something he says his daughter, Carena pushed him into embracing.
Contribution of Carena’s Condition to Tony’s Philanthropy
Tony married his college sweetheart, Cynthia Carraffa and begot a daughter, Carena. Carena was born prematurely and tested positive for periventricular leukomalacia, a neurological disease that is common in prematurely born infants and is caused by lack of oxygenated blood in the brain. She developed cerebral palsy that consists of developmental delay issues and impaired motor skills, causing her parent to devote themselves to finding answers as to why this happens.
After researching into the issue, Tony Petrello concluded that translational research was required on a large scale to make a difference. Petrello and Cynthia have donated USD 7 million in seed funding to be utilized in neurological research so as to assist other children like their daughter Carena to attain full potential.
Petrolle is a Director at Texas Children’s Hospital and a board member Stewart and Stevenson, LLC and Hilcorp Energy Company. He advocates for the research and clinical programs that cater for needs of children who have the neurological disorder. He is dedicated to ensuring that children with the condition like that of Carena live a better life through his philanthropic works to support research into the issue.