• Anthony ’72 and Cynthia Petrello

    Inspired by the hundreds of parents, alumni and friends who have supported the transformation of the Newark Academy campus through gifts to Rise & Flourish: The Campaign for Newark Academy, one NA alumnus – Anthony Petrello from the Class of 1972 – and his wife, Cynthia, created The Petrello Matching Gift Challenge. The Petrellos will match every new gift and pledge to the Rise & Flourish campaign dollar-for-dollar throughout 2017.

    “Cynthia and I have been following the progress of Newark Academy’s campaign for several years,” Mr. Petrello says. “We’ve been impressed by Newark Academy’s disciplined approach to meeting the school’s needs and by the willingness of so many members of the community to make gifts to Rise & Flourish. When we learned that the campaign was nearing the $30 million goal, we felt like it was the right time to do our part. By offering our gift as a matching challenge, we hope that our support will serve as a catalyst for other NA alums and families to make their gifts to Rise & Flourish. It truly is a community-wide effort and we are very proud to be a part of it.”

    Mr. Petrello is the Chairman and Chief Executive Officer of Nabors Industries Ltd. (“Nabors”). He joined the Company and was elected to the Board of Directors in 1991. Since 1991, Nabors (NYSE: NBR) has grown to be one of the world’s largest oil and gas drilling contractors. It operates in over 20 countries, employing more than 16,000 employees from 70 nationalities.

    Mr. Petrello holds a J.D. degree from Harvard Law School and B.S. and M.S. degrees in Mathematics from Yale University. He came to Newark Academy in 1968 as a ninth-grader and graduated in 1972.