Words With Grace Praise All

28Feb/18Off

Tony Petrello gives out $5 million for medical research

Tony Petrello is a popular figure in Texas. As the CEO of the leading oil company in the country that has its headquarters in the state, he is known by many. Although he lives a quiet life, his actions have everyone talking about him lately. First of all, he has been featured as a top paid business executive in the country. As of 2015, he was earning about $68 million in a year. With such a salary, he is among the wealthy people in Texas. Tony Petrello has brought transformation in the oil industry which is the reason he has such a huge salary. Since he was appointed the CEO of Nabors Industries in 2011, he has pushed the company though levels of success which had not been experienced before. He has made the company not only a top company in the country but globally as well.

Nabors industries have drilling operations in over 25 countries on different continents. His main task since becoming the CEO has been to expand the operations of the company to as many countries as possible. He has also invested in making the company technologically advanced by producing the best drilling rigs. Tony Petrello has steered Nabors industries at a time when economic depressions have affected many sectors of the economy. However, Nabors Industries has continuously been making profits thanks to the management skills of Tony Petrello. Tony Petrello has not only hit the headlines for his work at Nabors Industries.

Actually, he is getting a lot of attention following his philanthropic initiatives. He has been a key figure when it comes to charity work in Texas. He has exhibited a commitment to causes that have never been addressed before. He has emphasized on support for medical care facilities in Texas that cure unique medical disorders. Tony Petrello is the biggest financier of the Neurological research center established under the Texas Children’s Hospital. This is a research facility that is meant to come up with medical treatment for neurological disorders that affect children. Neurological disorders in children have been overlooked for a long time, and no medical facility has ever come up with a plan to address this problem. It took the efforts of Tony Petrello to finally have a facility that will look into the matter and come up with a treatment. Tony Petrello was pushed to support the research work following the challenges he had to go through when dealing with his daughter’s health problem. His daughter suffers from a neurological disorder called leukomalacia (PVL).

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