Tony Petrello Shows How Even Tough Businessmen Have Hearts Of Gold

Oil magnates are sometimes viewed as greedy and aggressive business deal makers, but if you did get to know their personal life and saw the philanthropy some are involved in, you might change your mind quickly about them.

Such is the case with Tony Petrello, the chairman of one of the world’s largest oil drilling companies who even once took the title one year for America’s highest-paid boss. The Texas Children’s Hospital has been honored to have the support of Petrello because thanks to his millions in charity to their facility, chronically ill children have been able to receive quality care and some may one day have a cure for diseases that were formerly untreatable like cerebral palsy.

Tony Petrello himself has a daughter named Carena who has cerebral palsy caused by a seizure she had at birth known as periventricular leukomalacia. He considers the hours and days he spent struggling with the news that she would never have a normal life to be the lowest point of his life. While it was a personal struggle for a while for Petrello, he came across some friends in Dan and Jan Duncan, two entrepreneurs who had dedicated their own wealth to helping young children at TCH. In talking with the Duncans and telling them Carena’s story, Petrello discussed with them how he could make a difference by giving to the hospital and helping their neurological research department there. More and more research into the causes and effects of cerebral palsy and other issues triggered in the brain can now get underway thanks to a $7 million check Petrello wrote to TCH, and he also is on their Board of Trustees.

Tony Petrello has been CEO of Nabors Industries since 2011 and two big acquisitions he led the company through were Tesco Corporation and a Saudi Aramco venture. He came to Nabors Industries as their chief operating officer back in 1991 but took over his current role when former Nabors Industries chairman Eugene Isenberg passed away. Petrello holds a JD from Harvard University’s law school, and he practiced finance law with specialties in tax compliance, audits, underwriting, divestitures and other major transactions at a New York City firm. Prior to that he grew up in Newark, NJ and attended Yale University where he received his bachelor’s and master’s in advanced math. Other side facts about Petrello include studying under mathematician Serge Lange, and being married to former soap opera star Cynthia Carrafa.

Visit nabors.com for more details about Tony Petrello.

SahmAdrangi: Offering The Financial Services Industry Unique Insight

Experienced financial services professional SahmAdrangi is the new wunderkind of the investment industry. The Yale University graduate is everywhere. He regularly appears on Bloomberg and CNBC, there are stories about SahmAdrangi and his exploits in major publications like the New York Times, the Washington Post, the Wall Street Journal and BusinessWeek. Everyone is interested in how he was able to get the information necessary to short sell several Chinese companies in 2010 and alert the Securities and Exchange Commission that many of those companies were engaging in fraud.

SahmAdrangi has a talent for research. That allowed him to found Kerrisdale Capital Management with less than $1 million in 2009 and have its assets grow to over $150 million by 2017. As CEO of Kerrisdale Capital Management, Adrangi is involved in many of the company’s operations. Today, SahmAdrangi is known for publishing valuable, groundbreaking research information and short selling. But he began his career in financial services with Deutsche Bank handling leveraged loan debt financing. Adrangi also worked advising Chanin Capital Partners. He was then employed with distressed debt hedge fund Longacre Management.

People can gain access to the research of SahmAdrangi and Kerrisdale Capital Management by visiting the company’s website, following them on Twitter or going to third-party investing-related sites. SahmAdrangi helps to correct the broadly held misconceptions investors have about overhyped shorts and under-followed longs and uses Kerrisdale Capital Management’s research to help investors better understand many companies’ fundamental business prospects. Kerrisdale now focuses on the telecommunications, mining and biotechnology industries.

These days SahnAdrangi regularly speaks at financial services industry conferences. He has done some very enlightening and well-received presentations at a wide variety of conferences nationally and worldwide including the Value Investing conference, the Distressed Debt Investing Conference and Traders 4 a Cause conference. Adrangi’s story has been reported on in a number of major business-related and general interest publications. He is praised for his hard work, unique insight and the accuracy of the research that his company does. Adrangi is a widely acknowledged rising star in the financial services industry.

https://www.crunchbase.com/person/sahm-adrangi

A Brief Look at the Impressive Career Profile of Eric Lefkofsky

Eric Lefkofsky is a serial entrepreneur who works at Tempus as the Chief Executive Officer. He is also the co-founder of InnerWorkings, Uptake, Groupon, Echo Global Logistics as well as a Chicago-based venture capital, Lightbank. Eric Lefkofsky began his career at the University of Michigan as a carpet vendor. After graduating from law school in 1993, Eric teamed up with Brad Keywell to start an apparel company, Brandon Apparel based in Madison, Wisconsin.

In 1999, the duo started Starbelly, an early internet company that specializes in promotional products. Over time, Starbelly experienced an exponential growth and was acquired by Halo Industries in 2000. Upon the acquisition, Eric Lefkofsky joined Halo Industries as the Chief Operating Officer. One year later, Halo Industries faced multiple lawsuits from shareholders and was subsequently declared bankrupt. That prompted him to explore other opportunities. In 2001, Eric Lefkofsky co-founded InnerWorkings to provide print procurement services for intermediate-sized companies. In 2006, InnerWorkings started trading in the U.S. Stock market. Eric Lefkofsky has been serving on the board of directors of InnerWorkings until October 2012.

Lefkofsky joined forces with Brad Keywell to start a freight logistics company, Echo Global Logistics, which attracted a series of D financing from one of the largest technology investors in the United States. Soon, Echo Global Logistics started trading on the NASDAQ under the symbol, ECHO. In 2006, the duo founded a media-buying technology company, MediaBank that provides advertisers with planning, accounting, and analysis software. A year later, MediaBank acquired Datatech, a premier provider of procurement and planning platforms in the marketing space. The US Department of Justice approved a $1.5 billion merger deal between Donovan Data Systems and MediaBank to form Mediaocean.

Eric Lefkofsky teamed up with his wife, Elizabeth, to establish a charitable trust, the Lefkofsky Foundation to support scientific, educational, and philanthropic initiatives around the world. The foundation focuses on children and has funded over 50 charitable organizations to date. In 2013, his wife joined him to start The Giving Pledge. He currently serves on the boards of directors of organizations such as The Museum of Science and Industry, Children’s Memorial Hospital, and the Art Institute of Chicago. Eric Lefkofsky is also a Trustee of a Chicago-based performing arts institute, Steppenwolf Theatre Company. He also serves on the board of World Business Chicago as well as co-chairman of its Technology Council. Eric Lefkofsky was part of a committee that organized the 2016 Summer Olympics to Chicago in 2008.

Facebook: https://www.facebook.com/eplefkofsky/