Anthony Petrello’s acts of Charity
Anthony G. Petrello is the Chairman o the Board, CEO, and president of Nabors Industries Ltd. Nabors Industries is a drilling contractor of oil, natural gas and geothermal operating on land. Founded in 1968 as Anglo Energy Ltd, Nabors industries is currently based in Hamilton, Bermuda. With almost 500 rigs at work in more than 25 countries, Nabors is the worlds biggest drilling contractor.
in 1991, Anthony (Tony) Petrello was elected to the Executive committee and Board of Directors of Nabors Industries. He served as the president and Operations chief officer up to October 2011. In 2012, Petrello was appointed the Chairman of the executive committee and Board of Directors. Other than his operating roles, he provides initiatives for planning and direction for the company to survive through the competitive environment.
Looking at a company’s response after a disaster is one way of knowing if the company cares about the welfare of the community and not just drawing profits. In 2017, Hurricane Harvey hit Houston and the surrounding areas of Texas. The destruction of homes and flooding of streets led to the scarcity of supplies as the demand for food and necessities was widespread. Immediately after the disaster, Houston’s prominent business stepped up to help. Nabors Industries was among those that quickly responded. Nabors employees take part in community projects on a regular basis. The CEO, Tony Petrello is so passionate about giving back to the community. This is an integral part of the company’s culture at Nabors Industries.
After the devastation of the city by the hurricane, Nabors Industries’ employees took time off to support relief services. The employees received pay for the off time as a show of appreciation by Nabors Industries. When called upon, the workers responded and went wherever they were required. The employees’ relief contribution was matched by Tony Petrello’s to a total of $173,622 before his donation was matched. This fund (Nabors Disaster Relief Fund) was used to help provide relief services to the affected. In addition, an on-site kitchen was set up courtesy of Nabors Industries. this provided hot meals Three times a day for the local families.x About 10 percent of the Nabors employees were victims of the Hurricane according to the Corporate Communications Manager. The number of employees at Nabors Industries totals to about 1200. Other than responding to local crises, the company, donations have been made by the company to various National organizations such as the Susan G. Komen Foundation. Also, over $3 million has been distributed into education scholarships for Children of employees under the Nabors Charitable Foundation.
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