Tony Petrello is perhaps best known for his role as president and chief executive officer of Nabors Industries and has served in various capacities with the company since 1991. Tony is credited with playing a huge role in the recent expansion of the company and is a key component to Nabors Industries displaying dominance in oil drilling markets.
The professional success of Tony Petrello has been well chronicled but in recent times his efforts at charitable pursuits have garnered just as much attention. Texas is a place that everything is said to be bigger and this apparently includes the generous spirit of Tony and his wife Cynthia who donated $5 million to found the Texas Children Institute’s Neurological Institute named in honor of Jan and Dan Duncan. The couple also plans to give $2 million more of their personal money to the institute in the future.
The Neurological Institute is the first of its kind and is dedicated to providing children with the best possible treatment from the best doctors in the world for an assortment of neurological disorders. The Petrellos have also taken part in raising $500 million for the Texas Children’s Hospital which is the largest effort since the institution has been in existence.
The decision to support Texas Children’s Hospital is based on a personal matter dear to the hearts of Tony and Cynthia Petrello. The Petrellos daughter Carena, suffers from a periventricular leukomalacia which resulted in the infant developing cerebral palsy. Carena weighed just 20 ounces at birth and was born 24 weeks premature. PVL is a disorder that often affects infants that are born prematurely.
The fight the Petrellos have made to assure their own daughter receives the best care possible has resulted in the couple gaining a deeper understanding of the challenges facing parents with children suffering from debilitating diseases. Tony Petrello and his wife Cynthia have decided to use the whole of their talent and resources to whatever they can to help the plight of these afflicted children.
Tony Petrello was surprised to discover while searching pediatric research institutions in multiple countries that there was a shortage of treatment options for children born with neurological issues. Petrello explained that he “could not find anything” and knew immediately that the kids of many kids are not being addressed.
The intentions of the Neurological Research Institute is to provide cures for the neurological disorders that are affecting countless children. Tony and Cynthia Petrello are confident that this breakthrough will happen in their lifetime.