According to the article on Texas Children’s Hospital website, a philanthropic lead donation of 5 million dollars (with a total commitment amounting to 7 million dollars), plus an exceptional personal commitment to start fundraising efforts showed the dedication of Tony and Cynthia Petrello to bringing that first of its kind research initiative to life. Every day for Tony and Cynthia starts with a miracle when they watch Carena, their 8-year-old daughter, taking breakfast. Carena mastered how to chew food last Sep.
Cynthia said that it took countless repetitions, but her brain eventually got it and now is owning it. That’s a great miracle; they attribute most of their motivation for giving to Carena – to her purity of heart, determination, and strength. Carena is also working on other miracles, such as learning to talk and walk. At her age, they should not necessarily be miracles. However, Carena is suffering from a neurological condition; the condition has forced the kid to fight since she was born to get the normal developmental childhood milestones.
Born earlier at 24 weeks while weighing just 20 ounces (Oz), Carena was diagnosed with PVL (periventricular leukomalacia), a common neurological disease that affects premature infants. The disease is caused by lack of blood flow or oxygen to the brain of the infant. As a result of that, Carena developed chronically impaired motor skills or cerebral palsy, as well as other issues of developmental delay, issues that the Petrellos are committed to finding answers.
Tony, COO, and president of Nabors Industries, the world’s largest drilling contractor, as well as a member of the Board of Trustees of Texas Children’s Hospital, said that they investigated the PRI (pediatric research institutions) countrywide. That includes UCLA, Johns Hopkins, and Harvard, plus several in Europe, as well as other parts of the globe.
In the year 1991, Tony Petrello landed on the board of Nabors, the company is in the oil business, coming straight from the law firm called Baker & McKenzie, where he dealt with corporate taxes. He became Nabors’ CEO and president in Oct. 2011. In June 2012, he was made the chairman of the board of Nabors.
In the year 2013, Tony raked in 68.2 million dollars, up by a staggering 246 percent from what he raked in the year 2012. That made Tony number one on the Equilar and Associated Press’ list of the country’s 50 top-paid CEOs in the year 2013.