Hurricane hit Harvey in a menacing and hard way. As such, it is always good that there are companies and people who can lend a hand without necessarily being in it for the money. When Hurricane Harvey struck Texas in 2017, streets flooded, and properties were destroyed. Food supplies were also scarce immediately afterward, and during recovery efforts.
Nabors Industries Ltd. stepped up to the plate to assist when disaster struck.
The company sprang into action. Many company employees took off time from work to help. Those employees helped wherever first responders asked them to be. Nabors even offered them paid time off to assist in relief efforts.
That says a lot about the CEO of Nabors, Tony Petrello, and his company. The employees also made contributions whereby Tony Petrello matched theirs. They were able to raise over $173,000 before the CEO’s matching donation. The Nabors Disaster Relief Fund helped the relief efforts out tremendously.
At least 10 percent of the company’s own employees were affected by the hurricane. That would total around 120 employees. The great thing about the Nabors Industries is that they have been quick to help other national organizations in the past. The Nabors foundation has also given at least $3 million in charitable contributions to educational scholarships.
While most people envision top executives, often CEOs to be a vain and greedy bunch, Tony Petrello does not fit the description. In truth, many oil executives, like Petrello, support philanthropy. This is especially true for Houston’s executives. Since 1952, Nabors industry has set the pace for the drilling industry. They set the bar for Alaska drilling, and were the first to implement such innovations as camps, methods for implementing crew changes, and the development of moving systems and modular rigs.
Today, the company continues to place focus on providing drilling services on the global stage. Tony Petrello is a man on the move. Anyone following Houston news has probably heard of Petrello’s name. He takes both his work and social responsibilities quite seriously. An original native of New Jersey, Petrello and his family call Houston home.
Visit thedailybeast.com for more details about Anthony Petrello.