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September 19, 2017

Anthony Petrello- a business executive manager and philanthropist

Tony Petrello is the current chairman and CEO of Nabors Industries Ltd. Nabors is an oil and natural gas drilling company. He joined the company in 1991 after quitting his job as a lawyer. He first joined the company as the chief operating officer. In the same year, he joined the board of directors of the company and consequently the executive board’s committee. A year later he was appointed the president of the firm. This was precipitated by his achievements in the first year of his leadership. One of the decisions he made to influence that way it did its business was to recommend the purchase of a $32 million rival company known as Grace Drilling. Another huge decision was made in 2010 when they purchased Superior Well Services.

In 2011, Tony Petrello was appointed to the position of the chief executive officer for the company. In the following year, 2012, he was, made the chairman of the company as well as chairman of the executive board’s committee. Since taking over the overall business management, the running of this company’s operations has been exceptionally top-notch. He has been able to maintain the firm level despite the stiff competition fronted by other companies. He has also been able to put the company in a progressive line of growth. Tony and his team in the leadership has exercised their role with a desire to achieve. They have made been able to accomplish their day-day operations as well as the long term goals set.

Apart from his management roles at Nabors, Tony Petrello has held a few other positions of management. Tony has been a director at MediaOnDemand.com. Since 2011 he has also been a director at Stewart & Stevenson.

In the 1990s while working for Nabors, Tony married his university girlfriend, Cynthia. They then had a daughter called Carena. Unfortunately, when he was born she had a medical problem. She was suffering from cerebral palsy. This meant that she could not consume solid food until she reached the age of 7. This prompted Tony and his wife to think about what was happening to other children who came from financially challenged families. It was painful watching his own daughter suffer from this disease. It is for this reason that together with his wife, they decided to start charity contributions to help children with neurological disorders. Currently, he is the director of Texas Children’s Hospital. He donates millions of dollars towards medical research and for taking care of the children.

To know more visit @: yaledailynews.com/blog/2006/02/21/alum-endows-prize-in-memory-of-lang/