From time to time, the residents of Houston and the surrounding region of Texas have had an exceptional opportunity to single out some companies that cared for them. It was such a beautiful deed for the business that did not just focus on making profits but offering help to the local community as well. During the break of Hurricane Harvey in 2017 that hit Houston, several streets flooded, homes and properties destroyed and the supply became scarce because the available necessities could not satisfy the demand. As a result, several prominent businesses within Houston and beyond stepped up to help the community affected. Some of the companies comprised of the Nabors Industries, Houston Food Bank among many others.
On a typical day, the employees of Nabors Industries, a local drilling company would take some time off work to check on their health by embarking on workouts from the regional fitness center. Also, they would make some coffee at the Naborhood Café. More important is the culture in which the companies Chief Executive Officer called Tony Petrello has cultivated in which they would give back to the community. As a result, the company would participate in various community services such as fundraising as well as organize events. Tony Petrello is so passionate about this culture that he rewards his workers for offering such services. When Hurricane Harvey devastated the city, Nabors Industries workers were dispatched to provide essential relief services.
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While studying in college, Tony Petrello met with Cynthia who became his wife. The duo lived together happily and carried out various acts of charity. Cynthia and Tony were so passionate about education that they devoted much of their time in the sector. The experience Tony went through when studying at Yale University was excellent as it prepared him for his future career. While in the institution, he would meet with Professor Serge Lang, a renowned author, and respected mathematician. Professor Lang became Tony’s mentor who positively impacted his life. However, it was unfortunate that the professor passed away recently and during his memorial service, Tony donated $150,000 to an endowment fund.
From Harvard School of Law, Tony acquired a J.D degree from Harvard University in addition to a BS degree in Mathematics from Yale University. In 1979, his career life began from Baker and McKenzie law firm. He served as the Managing partner in the same company between 1986 and 1991. Tony then joined the Nabors industries.
Find more about Tony Petrello: https://analystoffinance.com/2017/10/tony-petrellos-nabors-industries-will-purchase-tesco-this-year/
Tony Petrello is currently the CEO, President and Chairman of Nabors Industries, the largest land based oil and gas drilling contractor in the world. In 2015 he earned $68.2 million in compensation.
A few years ago, his college roommate wrote a comical look at who Petrello was in college. He describes him as a skinny public school kid that came from a working class family and attended Yale on scholarship. He jokes that he had a thick Jersey accent, was quite loud and had a boasting Italian-American demeanor that stood out among the reserved, WASPs of Yale. Aside from physical description, he describes him as an incredibly gifted math “whiz” who was an obvious genius even at the young age of 18.
He went on to work at the elite law firm of Baker & McKenzie, where he eventually moved up the ranks to be appointed as managing partner. From there, Petrello was wooed away by Nabors Industries, which was one of Baker & McKenzie’s largest clients. He moved to Houston to become president and Chief Operating Officer of Nabors in 1991. By 2011, he had moved up to hold the three titles he has today: President, CEO and Chairman of the Board. Click here to know more.
Tony Petrello married his high school sweetheart, Cynthia and the two gave birth to a daughter, Carena, who was born 24 weeks early and developed cerebral palsy. Tony and Cynthia took it as their personal mission to bring advancements in child neurological research to their backyard in Texas and the two worked diligently with the Texas Children’s Institute Center for Neurological Research to raise money, awareness and, most importantly, to bring in advanced research. To date, the couple has donated $7 million dollars as well as led the charge in the Texas community to raise even more funds and awareness.
His LinkedIn Profile: https://www.linkedin.com/in/anthony-petrello-1335b097
James Dondero is the CEO of Highland Capital Management, and he has created a better place for the public to invest their money. He has built one of the largest hedge funds in the world, and he wants to ensure that the public has as many opportunities as possible to save their money. He is giving back to the Dallas community, and he will give more every year as it is needed. This article explains how James is creating a better city in Dallas.
#1: The Family Place
The Family Place is a charity that houses anyone who is running from a bad family situation. The charity is trying to help as many people as possible, and they have many buildings planned. They have started a new round of funding for their locations, and they hope that their locations will grow quite a lot because of this fundraising program.
#2: The Challenge Grant
James Dondero has offered a challenge grant to the people at The Family Place, and he knows that they may use that money to complete their fundraising drive. This generous gift will encourage other people to give to the charity, and James knows that he may help The Family Place complete their fundraising faster. Someone who needs a place to stay will get it faster.
#3: Giving Back To Dallas
James gives back to Dallas as much as possible, and he has coordinated with those who work in civic giving to offer as much money back to the community as possible. Someone who wishes to use the facilities that The Family Place builds may need other services that James has also given to.
James Dondero has proven that giving back is important. He is helping the city of Dallas become a much better place for people to live.