After Houston was ravaged by Hurricane Harvey some companies immediately jumped in to help. Three of these companies were H-E-B, Nabors Industries, and The Houston Food Bank. At Nabors Industries, in particular, employees and management of this oil & gas company wanted to help their fellow citizens.
Being a philanthropist the president and CEO of the company, Anthony Petrello, gave everyone paid time off so that they could volunteer where they were needed.
In addition to helping out by delivering supplies and helping people whose homes and been damaged, Nabor Industries employees also wanted to raise money to help the victims. The ended up raising over $170,000. This amount was matched by Anthony Petrello as a gesture of helping others who had lost so much. His company also opened up their kitchen to local families who could get three hot meals a day.
Anthony Petrello was born and raised in the state of New Jersey. He was an attorney for a number of years before he moved to Houston, Texas, and took a high-level executive position at Nabors Industries. His leadership has led to him being greatly financially rewarded for his work making the company very profitable. Nabor Industries is now one of the biggest oil and natural gas drillers in the world with wells in North America, the Middle East, and other locations.
As his child has a neurological disorder due to being very premature, this is a cause that Tony Petrello knows about first hand. He saw that not enough research was being done on these and then discovered that a hospital local to him had one of the best research teams in the world focused on childhood neurological disorders. Once he discovered this about the Texas Children’s Hospital he wrote them a check for $7 million in support of their research. He also now serves on their board.
When Anthony Petrello attended Yale University he says one of his biggest mentors was Professor Serge Lang. Professor Serge Lang recently passed away and Petrello decided to do something to honor his memory. He created an endowment fund he started with a $150,000 donation. After many other former students also made donations to this fund he gave another $150,000. This money is now being used to help educate students at the school. Anthony has said that giving back and being socially responsible are two keys to succeeding in business and in life.
Find more about Anthony Petrello: https://analystoffinance.com/2017/10/tony-petrellos-nabors-industries-will-purchase-tesco-this-year/