Tony Petrello grew up in a working-class neighborhood in Newark, New Jersey. Although his parents struggled to make ends meet, Tony excelled in his studies. His hard work and diligent studying paid off when he received a full scholarship at Yale where he received a B.S and M.S. in Mathematics. He also received a J.D. degree from Harvard Law School.
After moving to Houston, he became president of Nabors Industries, the largest drilling contractor in the United States. Tony provides strategic planning initiative and direction which enables the company adapt and prosper. He was elected to the Nabors Board of Directors and the Executive Committee of the Board in 1991. Tony Petrello also serves as Director of Stewart & Stevenson LLC and Hilcorp Energy Company.
Although he has achieved such success, he never has let go of his passion to help others. When his daughter was born prematurely with a neurological disorder, Tony realized there wasn’t much knowledge in this area. He decided to change this by donating $7 million to Texas Children’s Hospital which was used to open the Jan and Dan Duncan Neurological Research Institution, the world’s first research facility focused on childhood disorders. Tony serves on the Board of Trustees at Texas Children’s Hospital. He is an advocate for research and programs addressing needs of children with neurological disorders.
Tony Petrello has a passion for giving back to his community. A great example of his generosity and compassion was shown after Hurricane Harvey’s devastation. Employees of Nabors Industries were given paid leave to assist in the relief efforts and the he matched relief contributions collected by his employees. The employees raised $173,622.00 and Petrello matched this amount. He also put the company’s on-site kitchen to use, preparing meals daily for the families who needed help. Another passion Tony and his wife, Cynthia, have is promoting education. In honor of Tony’s beloved Professor and mentor, Serge Lang, he donates to an endowment fund.
Tony Petrello’s contribution to philanthropy is never-ending. His generosity seems to grow with every passing day. His humanity and his love for helping others is genuine and proves that being successful starts and ends with the heart and soul of a person, not with their wallets.