| Political Journey | Nominated for United States Secretary of Commerce in 2024, confirmed as the 41st United States Secretary of Commerce in 2025 and resigned from his position as Cantor Chairman and CEO |
|---|
| Business Roles | - Vice Chairman of Fisher Center for Alzheimer's Research Foundation
- Board of Trustees member at Horace Mann School
- Board of Directors member at National September 11 Memorial and Museum
- Co-chair on Board of Managers at Haverford College
- Vice Chairman at Intrepid Sea, Air, and Space Museum
- Trustee of Solomon Guggenheim Museum Foundation
- Board of Directors member at Partnership for New York City
- Former Chairman and CEO of Cantor Fitzgerald, L.P., BGC Group, and Newmark Group (until 2025)
|
|---|
| Awards | - NYJTL Leadership Award (2011)
- Ranked #5 in NJBIZ's 'Power 50 Real Estate' (2012)
- Worldwide Orphans Foundation Honoree (2012)
- Ranked #18 in Commercial Observer's 'Annual Power 100' (2012)
- Ranked #4 in Commercial Observer's Most Important People in Commercial Real Estate Finance (2013)
- FDNY Foundation Humanitarian Award (2013)
- Department of the Navy Distinguished Public Service Award
|
|---|
| Company Background | - Joined Cantor Fitzgerald in 1983
- Became President and CEO in 1991 and subsequently Chairman in 1996
- Instrumental in establishing eSpeed electronic trading platform
- Separated voice brokerage business to form BGC Partners in 2004
- Oversaw BGC’s merger with eSpeed in 2008
- Led BGC Partners acquisition of Newmark in 2011
- Owned 60% of Cantor Fitzgerald with net worth estimated at over $1.5 billion as of 2018
|
|---|
| September 11 Attacks Impact | - Lost 658 employees at Cantor Fitzgerald, including his brother Gary
- Survived by taking cover under a car during the South Tower's collapse
- Established the Cantor Fitzgerald Relief Fund to support families of employees who died in the attacks
- Donated $1 million to initiate the relief fund
- Relief Fund distributed more than $180 million to families and expanded to aid victims of terrorism, natural disasters, and global emergencies
- Served on the board of the National September 11 Memorial & Museum
|
|---|
| Current Position | 41st United States Secretary of Commerce (2025-present) |
|---|