Tony Petrello Donates An Endowment Fee To His Mentor

Posted by Cameron on February 16, 2018 in Business, Company |

A company’s response during a disaster determines how much they care about the surrounding community. In 2017 when Hurricane Harvey hit Houston as well as the surrounding areas in Texas, the demand for necessities was so widespread. Several homes were brought down, streets flooded and many prominent businesses in Houston came out to offer assistance after the disaster. Among the firms that responded included The Houston Food Bank, H-E-B and Nabors Industries.

The employees of Nabors Industries, a local drilling company, are regularly found at the in-house fitness center working on their health and fitness or eating near the workplace barbecue pit. Most importantly, they usually participate in community projects, special events in addition to fundraisers. The integral part of the company’s culture that Tony Petrello, the Chief Executive Officer of the company is passionate about entails giving back to the community.

The devastations caused by Hurricane Harvey in the city prompted the employees of Nabors Industries to take some time off duty to offer relief efforts in the affected region. Tony Petrello confirmed that workers got dispatched as soon as they were needed. The organization provided some incentives to the employees as a sign of appreciation for their service.

The organization’s corporate communications manager reported that close to ten percent of the employees at Nabors Industries were affected by the hurricane. The company has not only responded to the various local crisis but also donated to national organizations such as the Susan G. Komen Foundation as well as Bike MS. Besides, the firm owns a foundation called the Nabors Charitable Foundation that has donated more than $3 million in educational scholarships.

Tony Petrello is serious about social responsibilities, and he regularly demonstrates it. In spite of the fact that he is an original resident of New Jersey, he has made Houston the center of his various philanthropic efforts. He has a wife named Cynthia whom he met in college. The couple enjoys donating generously, and they are passionate about promoting education.

The Yale University graduate, Tony Petrello, interacted with Professor Serge Lang who became his mentor. The professor was a famous mathematician as well as a respected author. Unfortunately, he passed away recently, and Petrello figured out a way to honor his memory. During Professor Serge Lang’s memorial service, Petrello decided to contribute $150,000 through an endowment fund. Lang was loved by many graduates from Yale University who also agreed to donate to his memorial service.

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