Anthony Petrello, the CEO of Nabors Industries, is undoubtedly one of the top industry leaders who are very passionate about corporate social responsibility. This was affirmed when Houston and its environs were hard hit by Hurricane Harvey in 2017. Nabors Industries’ management responded swiftly after the incident by giving their employees paid time off to join hands in providing relief services. The CEO has reportedly confirmed that his team provided relief efforts wherever they were needed.
In addition to paying its staff for the time they were out of work helping the community, Nabors Industries also provided food to local families three times a day. Anthony Petrello matched his employees’ contribution of about $173,622 to form Nabors Disaster Relief Fund. The donation was channeled towards relief efforts in different regions along the Gulf Coast.
Nabors Industries’ corporate communications manager is reported to have confirmed that about 10 percent of their employees were affected by the incident. The company has continued to make donations to both local and national organizations even before Hurricane Harvey. Through its own charitable foundation, Nabors Industries has offered about $3 million in scholarships to its employees and their children.
Anthony Petrello believes in philanthropy
Anthony is a common figure in most of the charitable and philanthropic activities in Houston. Petrello and his wife Cynthia are known have the interest of the local communities at heart. Anthony’s love for humanity has also been seen in his effort to help children living with neurological disorders. His family donated $7 million to Texas Children’s Hospital to help with the same. Tony and his wife also donated $150,000 during Professor Lang’s memorial service meant to promote education. Nabors Industries has a strong culture when it comes to giving back to the community. Its CEO has reportedly confirmed that the firm’s commitment towards corporate social responsibility will also grow as the company grows.
About Anthony Petrello
Anthony Petrello graduated with J.D degree from Harvard Law School. He also pursued his BS and MS degrees in Mathematics from Yale University. Currently the president and CEO of Nabors Industries, Tony first entered the business world in 1979 working with Baker & McKenzie. He later joined his current company in 1991 serving as the Chief Operating Officer. He served in several other senior positions before becoming the company’s CEO in 2011.
Apart from Nabors Industries, Petrello also serves in top-level management in various institutions including Stewart & Stevenson LLC, and Hilcorp Energy Company. He has transformed Nabors Industries to one of the largest geothermal and natural gas companies globally.