Every city has a few companies that stand above the rest in terms of community giving and philanthropy. In Houston, one of those companies is Nabors Industries. Residents recently saw how helpful the company was when Tony Petrello and his staff helped with hurricane relief efforts after Hurricane Harvey in 2017. The storm left many parts of the city underwater and left a large number of residents without homes. After the storm, residents faced a shortage of food and water. Floods and destroyed roads made it difficult for relief agencies to reach some people. With the help of a few businesses, nationwide organizations and local volunteers, relief efforts were amplified. In addition to Nabors Industries, H-E-B and the Houston Food Bank stepped up quickly to help.
Employees From Nabors Industries Stepped Out Of Their Comfort Zones
As someone who cares about making a productive and inspiring work environment for his employees, Tony Petrello had a barbecue pit, a cafe, a fitness center and several other amenities created at Nabors Industries. During most days, the employees can be found in these spots when they are not busy with work. Locals often meet the employees at charity events in the community. This is because paying it forward is an important part of the company’s set of values, and the employees enjoy helping others. Tony Petrello has always believed in encouraging generosity and charity in the workplace.
When Tony Petrello heard about the devastation following Hurricane Harvey, he offered his company’s kitchen facilities to help. Meals were served to nearby families in need, and the kitchen staff worked hard to make three hot meals each day. Tony Petrello also happily gave his workers time off with regular pay to help with cleanup and relief activities. Since their workplace has a culture of giving, the workers were glad to go wherever their help was needed. Some were sent away from Houston to other places along the coast. The employees of Nabors Industries wanted to help financially as well, and they collected over $170,000 between themselves. Tony Petrello offered to match their contributions. Tony and his workers put their donations into a special account, which was used to give money to local organizations.
Some of the employees at Nabors Industries were directly affected by the hurricane. According to the company, about 10 percent of its 1,200 workers were significantly impacted. The relief activities and financial assistance following Hurricane Harvey were not the only major contributions made by Nabors Industries. In addition to helping out locally, the company still supports charities such as cancer and chronic illness research organizations. Nabors Industries believes in investing in individuals as well, which is why the company has given millions of dollars in education scholarships to its own employees and their children.
Tony Petrello Is Passionate About Philanthropy
Tony Petrello is the CEO of Nabors Industries. When he was in college, he met his future wife. Today, Tony and Cynthia Petrello are one of the most well-known philanthropist couples in Houston. The two are interested in several local causes, and they have made many generous joint donations. One of their passions is furthering education. Tony is a graduate of Yale University. While he was a student, one professor was especially inspiring to him. Tony decided to donate $150,000 toward an endowment fund for the professor after his death. When news of this donation reached other former students who knew the professor, they stepped up to offer contributions. Tony was touched by their response of generosity, and he offered to match their total contributions in addition to giving his original donation.
Tony and Cynthia Petrello also donate to causes that fund research and treatment for childhood neurological disorders. This specific cause is one that they are passionate about, and Tony has conducted extensive research on such disorders. However, he was disappointed to see that information about the conditions was lacking. He realized that treatment options could be improved if more research could be performed. In addition to donating to various organizations dedicated to childhood neurological disorders, the Petrellos donated $7 million to Texas Children’s Hospital to fund a special research center. The neurological research institute that was started from it focuses on finding new treatment options for children through research and trials. It is the first neurological research center in the world to focus only on childhood disorders. After making a generous donation, Tony Petrello was asked to serve on the board, and he happily accepted the invitation. Today, he helps plan fundraisers and other activities to further the institute’s operations.
Learn More: www.linkedin.com/in/anthony-petrello-1335b097