Alexandra Lebenthal

Last updated
Alexandra Lebenthal
Born
Alexandra Lebenthal

(1964-03-11) March 11, 1964 (age 59)
New York, U.S.
Nationality American
Education Princeton University (BA)
Known forPresident and CEO, Lebenthal & Company
SpouseJay Diamond
ChildrenEleanor, Charlotte, and Benjamin Diamond
Parent James A. Lebenthal
Family Sayra Fischer Lebenthal (grandmother)

Alexandra Lebenthal (born March 11, 1964) is an American businesswoman. She was the President and Chief Executive Officer of the municipal bond franchise Lebenthal & Company until June 2017.[ citation needed ]

Contents

Early life and education

Lebenthal was born to a Jewish family. [1] Her father is James A. Lebenthal. Her grandparents, Louis and Sayra Fischer Lebenthal, founded Lebenthal & Company in 1925. [2]

Lebenthal graduated with an A.B in history from Princeton University in 1986 [3] after graduating from the Nightingale-Bamford School. [4]

Career

Lebenthal started her career in municipal bond investing at Kidder, Peabody & Company. [5]

In 1988, Lebenthal followed in the footsteps of her father James A. Lebenthal and became the company spokesperson. By 1995 she became the company's president and CEO at the age of 31.[ citation needed ] In 2001, Lebenthal & Company was sold to AdVest, which was later acquired by Merrill Lynch. In 2007, Lebenthal regained the rights to the name for a reported sum of $1,000. [2]

In 1999, Lebenthal was named one of New York's 100 most influential women by Crain's New York Business. [6] In 2012, Fortune called Alexandra Lebenthal "The new queen of Wall Street." [3] She has also been named one of the top 50 Women in Wealth Management by Wealth Manager Magazine. [2]

Lebenthal authored a novel entitled Recessionistas in 2013. [7]

She stepped down as CEO in 2017, and her brother James, chief of asset management, left as well. [8]

In 2017, James Cayne sued Lebenthal for allegedly refusing to fully repay a personal loan in the amount of $1 million, and in October 2017 a New York judge ruled in his favor. [9]

Boards and philanthropy

Lebenthal has served on the boards of the School of American Ballet, the New York Botanical Garden, and The Committee of 200, an organization for businesswomen. [2] [10] She also co-founded The Women's Executive Circle, a women's mentorship program. [11] Lebenthal is a board member of Savvy Ladies, "a non-profit organization that provides financial literacy education and resources for women."[ citation needed ]

Personal life

Lebenthal married Jay Diamond and has three children: Ellie, Charlotte, and Ben. [3]

She is a member of Kappa Beta Phi. [12]

Related Research Articles

<span class="mw-page-title-main">Sallie Krawcheck</span> American business executive

Sallie L. Krawcheck is the former head of Bank of America's Global Wealth and Investment Management division and is currently the CEO and co-founder of Ellevest, a digital financial advisor for women launched in 2016. She has been called "the most powerful woman on Wall Street."

<span class="mw-page-title-main">Sheryl Sandberg</span> American business executive (born 1969)

Sheryl Kara Sandberg is an American technology executive, philanthropist, and writer. Sandberg served as chief operating officer (COO) of Meta Platforms, a position from which she stepped down in August 2022. She is also the founder of LeanIn.Org. In 2008, she was made COO at Facebook, becoming the company's second-highest-ranking official. In June 2012, she was elected to Facebook's board of directors, becoming the first woman to serve on its board. As head of the company's advertising business, Sandberg was credited for making the company profitable. Prior to joining Facebook as its COO, Sandberg was vice president of global online sales and operations at Google and was involved in its philanthropic arm Google.org. Before that, Sandberg served as research assistant to Lawrence Summers at the World Bank, and subsequently as his chief of staff when he was Bill Clinton's United States Secretary of the Treasury.

<span class="mw-page-title-main">Indra Nooyi</span> American business executive

Indra Nooyi is an American business executive who was the chairman and chief executive officer (CEO) of PepsiCo.

Nelson Peltz is an American billionaire businessman and investor. He is a founding partner, together with Peter W. May and Edward P. Garden, of Trian Partners, an alternative investment management fund based in New York. He is non-executive chairman of Wendy's Company, Sysco, and The Madison Square Garden Company. He is a former director of H.J. Heinz Company, Mondelēz International, and Ingersoll Rand and a former CEO of Triangle Industries.

<span class="mw-page-title-main">Irene Rosenfeld</span> American businesswoman (born 1953)

Irene Blecker Rosenfeld is an American businesswoman who was the chairman and chief executive officer (CEO) of Mondelēz International. Rosenfeld's career began at Dancer Fitzgerald Sample, a New York City advertising agency. She later joined General Foods consumer research, and then led Frito-Lay as CEO and chairwoman.

<span class="mw-page-title-main">Bill Ackman</span> American billionaire hedge fund manager

William Albert Ackman is an American billionaire hedge fund manager who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor. As of January 2024, Ackman's net worth was estimated at $4 billion by Forbes.

Kathryn V. Marinello is an American businesswoman, and president and chief executive officer (CEO) of PODS, a moving and storage company.

<span class="mw-page-title-main">Meredith Whitney</span> American businesswoman

Meredith Ann Whitney is an American businesswoman and financial analyst. She is known for successfully forecasting the financial crisis of 2007–2008, and was dubbed “The Oracle of Wall Street” by Bloomberg.

<span class="mw-page-title-main">Jean Chatzky</span> American journalist

Jean Sherman Chatzky is an American journalist, a personal finance columnist, financial editor of NBC’s TODAY show, AARP’s personal finance ambassador, and the founder and CEO of the multimedia company HerMoney.

<span class="mw-page-title-main">Ginni Rometty</span> American business executive (born 1957)

Virginia Marie "Ginni" Rometty is an American business executive who was executive chairman of IBM after stepping down as CEO on April 1, 2020. She was previously chairman, president and CEO of IBM, becoming the first woman to head the company. She retired from IBM on December 31, 2020, after a near-40 year career there. Before becoming president and CEO in January 2012, she first joined IBM as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy.

Rosalind G. Brewer is an American businesswoman and former CEO of Walgreens Boots Alliance, before stepping down in September 2023. Brewer is the first woman to become CEO of Walgreens Boots Alliance, group president and COO of Starbucks, and CEO of Sam's Club.

<span class="mw-page-title-main">Mindy Grossman</span> American businesswoman

Mindy Grossman is the former CEO of WW International. The Financial Times listed her in the Top 50 Women In World Business in 2010 and 2011, and she was ranked among Forbes' 100 Most Powerful Women In The World for the years 2009, 2011, 2012, and 2013. In 2014 she was ranked #22 in Fortune's Top People in Business.

<span class="mw-page-title-main">Marillyn Hewson</span> Former president and CEO of Lockheed Martin

Marillyn Adams Hewson is an American businesswoman who served as the chairman, president and chief executive officer (CEO) of Lockheed Martin from January 2013 to June 2020.

<span class="mw-page-title-main">Ruth Porat</span> American businessperson (born 1958)

Ruth Porat is a British–American business executive serving as chief financial officer of Alphabet and its subsidiary Google since 2015. Prior to joining Google, Porat was the Chief Financial Officer of Morgan Stanley from January 2010 through May 2015.

James "Jim" Avram Lebenthal was an American business person, specialised in municipal bonds. Earlier in his career he also worked as a journalist, filmmaker and copywriter. In 1959 he was nominated for the Academy Award for Best Live Action Short Film for his first and only film production T Is for Tumbleweed.

Peng Lei, also known as Lucy Peng, is a Chinese billionaire businesswoman. She is one of the founders of the e-commerce company Alibaba Group. As of March 2017, Peng was one of 21 self-made women billionaires in China.

Sayra I. Fischer Lebenthal was a municipal bond dealer/broker and investment banker in New York City. In 1925, at the age of 27, she co-founded municipal bond brokerage firm Lebenthal & Company in Manhattan with her husband Louis Solomon Lebenthal. The Lebenthals were responsible for "democratizing" the municipal bond business, which had long been almost the exclusive province of the rich and of institutional investors such as insurance companies. Sayra continued to work full time in the business until retiring in 1992 at the age of 93. After Louis’ death in 1951, Sayra became the first woman to run a Wall Street brokerage firm. Among her innovations was organizing a department exclusively for women investors.

<span class="mw-page-title-main">Jane Fraser (executive)</span> British-American banking executive (born 1967)

Jane Fraser is a British-American banking executive who is the chief executive officer (CEO) of Citigroup, a position she has held since March 2021. Educated at Girton College, Cambridge, and Harvard Business School, she worked at McKinsey & Company for 10 years, rising to partner prior to joining Citigroup in 2004. In 2019, she was named president of Citigroup and CEO of its consumer banking division.

Alexandra Wilkis Wilson is an American entrepreneur and investor who co-founded the companies the Gilt Groupe, GlamSquad, and Fitz. She is currently co-founder and Managing Partner at Clerisy, a consumer-focused growth equity fund.

<span class="mw-page-title-main">Jennifer Morgan</span> American technology executive (born 1971)

Jennifer Morgan is an American technology executive. She is the former Co-Chief Executive Officer at SAP SE. Morgan became the first American woman ever appointed to the SAP Executive Board in 2017. Morgan is the first female Chief Executive of SAP, and she is the first female CEO of a company on the DAX index.

References

  1. "Snap Shot: Alexandra Lebenthal". JW Magazine. Archived from the original on June 18, 2015. Retrieved June 17, 2015.
  2. 1 2 3 4 Beilfuss, Lisa (5 March 2017). "For Alexandra Lebenthal, Sale of Family Business Marks End of Difficult Chapter for a Storied Name". Wall Street Journal. Retrieved 12 November 2018.
  3. 1 2 3 Tully, Shawn (December 12, 2012). "Alexandra Lebenthal: The new queen of Wall Street". Fortune. Archived from the original on February 3, 2014. Retrieved January 23, 2014.
  4. Fortt, Jon (April 30, 2017). "How Alexandra Lebenthal has taken on Wall Street's boys' club". CNBC. Retrieved 14 March 2019.
  5. Albano, Christine (8 June 2017). "Alexandra Lebenthal steps down as CEO of family empire". BondBuyer. Retrieved 27 September 2020.
  6. Hay, R. Couri (December 6, 2011). "Alexandra Lebenthal writes the book". Gotham .
  7. Kosner, Edward (November 13, 2013). "Municipal Blondes: A novel of money, Manolos and a sleuthing assistant". The Wall Street Journal.
  8. Tully, Sean (June 7, 2017). "Bond Stalwart Lebenthal & Co. Loses The Lebenthals". Fortune. Retrieved 14 March 2019.
  9. Baer, Justin. "Ex-Bear Stearns CEO Is Off Wall Street But Still Mixing It Up at the Bridge Table". WSJ. Retrieved 2019-07-26.
  10. Leon, Masha (27 October 2015). "Alexandra Lebenthal Honored at Savvy Ladies Gala". Forward. Retrieved 12 November 2018.
  11. Horn, Eli (15 December 2014). "Charlie's Angels? Alexandra Lebenthal Adds 2 Female Stars To Wealth Advisors' Team". Jewish Business News. Retrieved 12 November 2018.
  12. Roose, Kevin (2014). Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits. London, UK: John Murray (Publishers), A Hachette UK Company. p. 212. ISBN   978-1-47361-161-0.