Anthony Petrello Efforts in Giving Back to the Communities

In the wake of disasters affecting communities, it is quite easy to identify companies that are not just after profits. There are compassionate companies who have a corporate social responsibility to the communities in which they operate and beyond. Nabors industries under the guidance of their philanthropic CEO Anthony Petrello rose to the occasion when Hurricane Harvey hit Houston and Texas communities in 2017. At the time, food supplies were scarce as demand was high following the destruction of homes and flooded streets.Nabors Industries workers were instrumental in relief efforts and went whenever their efforts were needed especially along the Gulf Coast.

They even had a kitchen on the disaster site that cooked hot meals for the local families. They cooked three times in a day. The company offered them paid time off so that they could help without being worried about work. Anthony Petrello equaled the employees’ $73,622 donation. This was in solidarity with the 10% employees of Nabors Industries who were in one way affected by the Hurricane. Giving back to the community is part of Petrello passion. His passion has spread to Nabors Industries as they can be seen taking part in special events, fundraisers, and community projects. He encourages this spirit even as they work, where they are free to eat at the company’s workplace barbecue pit. They are encouraged to work on their health and fitness.

There is also a company coffee house from which they can enjoy some coffee. This was not the only instance where Petrello was giving, he and the company have donated to the Bike MS, the Susan G. Komen Foundation, as well as over $3 million in education scholarships. Tony and the company also donated $7 million to Texas Children’s Hospital in aid of medical research for childhood neurological disorders. Anthony Petrello is the Executive Committee’s Board Chairman, President, and CEO of Nabors Industries Ltd, a world leader in drilling geothermal and natural gas. He is a Yale and Harvard graduate having a BS and MS in Mathematics. He is married to Cynthia and serves as a Director of Stewart & Stevensons LLC.