Anthony Petrello: Oil Industry Leader And Texas Children’s Hospital Philanthropist

Anthony Petrello heads up one of the nation’s most prestigious oil drilling companies, Nabors Industries. Nabors is based in Houston and has built one of the largest rig fleets both in land and offshore operations, and has a lot of investors that own shares of its stock. As Chairman of Nabors, Petrello helps plan strategic initiatives for the company in order to maximize drilling production and attract more investments in the company. He’s led investments into both drilling operational technology, and the development of proprietary software and automated technology. Petrello has been with Nabors since 1991 and is also on the boards of several other organizations including Stewart & Stevenson and Hilcorp.

He excelled at the subject in high school and was able to get a scholarship to Yale University where he studied under world famous math Professor Serge Lange. Petrello graduated with high honors in both his bachelor’s and master’s degree, but he decided not to pursue a career in the field and opted to go into law instead. After getting a J.D. from Harvard, he joined Baker & McKenzie law firm in New York where he practiced corporate law for about 13 years. He became a partner at the firm in 1986. But he changed careers yet again in 1991 after Nabors Industries offered him a position as Chief Operating Officer. 20 years later Petrello became Chairman and CEO of Nabors.

Anthony Petrello is also on the Board of Trustees at the Texas Children’s Hospital in Houston helping to raise awareness and fundraising for neurological disorders. He joined this endeavor because he and his wife Cynthia Petrello have a daughter of their own named Carena who was diagnosed with Cerebral Palsy when she was born. He was told that there were no treatments available that could help Carena’s condition, so he decided to look into neurological research and help fund programs that might lead to cures. He met Dan and Jan Duncan who had also taken a keen interest in neurological diseases and research for cures, and with a generous gift to TCH’s research facility it was renamed in their honor.