Tony Petrello A Giver Even In Tough Time
As an executive in the oil industry, Tony Petrello is the last person you would take as a humble, giving and community-oriented businessman. Originally from Newark, a working-class community in New Jersey, Petrello was nowhere in wealthy with access to expensive school and tutors. Instead, he raised on the idea of working hard, staying honest and giving back. These principles have led him to live a successful life as a businessman and till this day continues to give back far and wide more than most.
After becoming CEO of Nabors Industries, Tony Petrello was still the man he was raised to be. In his contract, 80% of his pay was directly proportionate to the revenue the company generated. If they made money, he made money, and if they lost money, so did he. His leadership has helped to create over 100,000 high-paying jobs through Nabors Industries ownership of about 1,050 rigs. These results are a reflection of his strong work ethics and intelligent demeanor across the board.
When he and his wife had their first daughter, no amount of hard work and knack for problem-solving could prepare them for what was to come. She was born with a rare neurological condition that prevented her from walling, talking and eating on her own. Used to solving their problems on their own, and with an excellent track record of doing so the couple was forced to look outside for help. Nevertheless, they never let this stop them, and in doing so donated funds to research efforts to help their daughter but as well as others suffering all the same. His contributions after totaled some $7 million to Texas Children’s hospital
Tony Petrello did not stop giving with his daughter, but he also helped in the aftermath of Hurricane Harvey. Through Nabors Industries, the company as a whole got together as a result of their passionate CEO. They took time to help with relief efforts and went wherever they were needed most. Tony Petrello personally matched contributions made by employees of $173,622 which helped with their hands-on relief efforts.
Though he is not a household name, he has made far more contributions that should otherwise change this unfortunate fact. Tony Petrello has not fallen far from his roots as a hard-working, intelligent and community-oriented businessman. He has done so much for his community overall and because of it, has seen great success in his life no matter the odds.