Craft in the City

The Charitable Work of Anthony Petrello

Anthony is also very well known for his charitable work. His philanthropy began when his daughter was diagnosed with cerebral palsy. Their daughter, Carena, was born premature. Cerebral palsy is a common neurological disease in children that are born premature. The disease is caused by a lack of oxygen and/or blood flow to the brain.

Anthony Petrello and his wife Cynthia Petrello wanted to do something to help not just their daughter but other children as well that are wrestling with neurological disorders. The couple researched pediatric research institutes across the country and world in their quest to help children. They decided the best place to fund would be the Jan and Dan Duncan Neurological Research Institute at Texas Children’s Hospital.

The Petrello’s have so far donated $5 million, with a total commitment of $7 million, to the initiatives of the Jan and Dan Duncan Neurological Research Institute. This money is going towards researching new treatments and cures for neurological disorders experienced by children. The couples advocacy for this institute has led it to being donated $200 million in contributions to date. Anthony and Cynthia Petrello also serve on the Texas Children’s Hospital Board of Trustees.

The institute has made some discoveries through their neurological research. They have identified specific genes that are linked to childhood neurological disorders. They have also discovered connections between Alzheimer’s, which the elderly can suffer from, and Batten Disease which afflicts children.

Anthony Petrello has worked in oil & gas field for many years. After working at a law firm for several years,in 1991 he became Chief Operating Officer at Nabors Industries, Ltd. Nabor Industries is a worldwide natural gas, oil, and geothermal drilling contractor. Anthony has taken on additional executive level positions at Nabors Industries since, including President in 1992 and Chief Executive Officer in 2011. Petrello has led the company into being the largest driller in the world.

See: http://www.bizjournals.com/houston/morning_call/2014/12/nabors-ceo-cfo-take-big-pay-cut.html

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