Thomas Sanzillo

Last updated
Thomas Sanzillo
Tom Sanzillo.jpg
New York State Comptroller
Acting
In office
December 22, 2006 February 7, 2007
Preceded by Alan Hevesi
Succeeded by Thomas DiNapoli
Personal details
Born1955 (age 6364)
Brooklyn, New York City, U.S.

Thomas Sanzillo (born 1955 in Brooklyn, New York City) is an American investment banker, financial advisor and politician.

Brooklyn Borough in New York City and county in New York state, United States

Brooklyn is the most populous borough of New York City, with an estimated 2,648,771 residents in 2017. Named after the Dutch village of Breukelen, it borders the borough of Queens at the western end of Long Island. Brooklyn has several bridge and tunnel connections to the borough of Manhattan across the East River, and the Verrazzano-Narrows Bridge connects it with Staten Island. Since 1896, Brooklyn has been coterminous with Kings County, the most populous county in the U.S. state of New York and the second-most densely populated county in the United States, after New York County.

New York City Largest city in the United States

The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2018 population of 8,398,748 distributed over a land area of about 302.6 square miles (784 km2), New York is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 19,979,477 people in its 2018 Metropolitan Statistical Area and 22,679,948 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.

Tom is the Director of Finance for the Institute for Energy Economics and Financial Analysis. [1] He is the author of several studies [2] on coal plants, [3] rate impacts, credit analyses, and public [4] and private financial structures [5] for the energy industry.

He began working in the Comptroller's Office in 1994, [6] and was appointed First Deputy Comptroller by Alan Hevesi in 2003. After Hevesi's resignation, he was Acting New York State Comptroller from December 22, 2006, to February 7, 2007. [7] [8]

Alan Hevesi

Alan G. Hevesi is a former American politician and convicted felon who served as a New York State Assemblyman from 1971–93, as New York City Comptroller from 1994-2001, and as New York State Comptroller from 2003-06. Hevesi is originally from Queens, New York City.

New York State Comptroller

The New York State Comptroller is a state cabinet officer of the U.S. state of New York and head of the New York state government's Department of Audit and Control. The duties of the comptroller include auditing government operations and operating the state's retirement system, the New York State Common Retirement Fund.

He served as Acting Comptroller until Thomas DiNapoli was elected Comptroller by the New York State Legislature. DiNapoli reappointed Sanzillo First Deputy Comptroller on March 7, 2007. [9] On July 26, 2007, Sanzillo resigned as First Deputy Comptroller. [10] He is now a financial advisor with T. R. Rose and Associates in New York City.

Thomas DiNapoli American politician

Thomas P. DiNapoli is the 54th Comptroller of the state of New York. He is a former state assemblyman in New York, who was elected by the state legislature as New York State Comptroller on February 7, 2007. He was formerly the Chairman of the Assembly Environmental Conservation Committee. DiNapoli is a Democrat from Long Island. He is a resident of the Village of Great Neck Plaza. In November 2014, he won reelection, leading the statewide ticket with the most votes. He was easily re-elected in November 2018, receiving 64.9%.

New York State Legislature state legislature of the U.S. state of New York

The New York State Legislature consists of the two houses that act as the state legislature of the U.S. state of New York: The New York State Senate and the New York State Assembly. The New York Constitution does not designate an official term for the two houses together; it says only that the state's legislative power "shall be vested in the senate and assembly". Session laws passed by the Legislature are published in the official Laws of New York. Permanent New York laws of a general nature are codified in the Consolidated Laws of New York.

Sanzillo is quoted frequently in the press and publishes research and commentary frequently on IEEFA.org.

Related Research Articles

United States Department of the Treasury United States federal executive department

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Elizabeth Holtzman American congresswoman for New York

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2006 New York Comptroller election

The 2006 New York Comptroller Election took place on November 7, 2006 with the incumbent, Alan Hevesi winning against Republican challenger Chris Callaghan. Hevesi was plagued by scandals during the campaign involving misuse of state funds. Hevesi won the election, resigning a few days before his second term would have begun.

New York Comptroller elections

The Elections for New York State Comptroller are held every four years. The next scheduled election was due to be held in 2018. The current New York State Comptroller is Thomas DiNapoli.

2010 New York Comptroller election

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Harry Wilson (businessman) businessman

Harry J. Wilson is a former investor and restructuring expert from the United States, who has served in several high positions in the Obama U.S. Treasury Department and on President Barack Obama's Auto Industry Task Force. Wilson filed for office on February 16, 2010, running unopposed for the Republican primary for New York State Comptroller. He ran unsuccessfully against Thomas DiNapoli for Comptroller in the general election on November 2, 2010.

2014 New York Comptroller election

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Buffalo Billion is a New York state government project led by Governor Andrew Cuomo that aims to invest $1 billion in the Buffalo, New York area economy. The project uses a combination of state grants and tax breaks to spur economic development. Governor Cuomo first announced the program in his 2012 "State of the State" address. The program is modeled on a similar program implemented in the Albany, New York area. A key project in the program is a $750 million SolarCity solar panel factory.

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The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018, it is the third largest public pension plan in the nation, and holds $207.4 billion in assets. These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS). As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid out. The fund paid out $11.45 billion in the fiscal year ending March 31, 2018.

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References

  1. "Institute for Energy Economics & Financial Analysis". Institute for Energy Economics & Financial Analysis. Retrieved 2017-05-23.
  2. "Author at Institute for Energy Economics & Financial Analysis". Institute for Energy Economics & Financial Analysis. Retrieved 2017-05-23.
  3. Vergano, Dan (2017-03-28). "Coal Just Won The War On Coal. But Coal Miners Are Still Screwed". BuzzFeed. Retrieved 2017-05-23.
  4. Knudsen, Camilla (2017-03-31). "Norway's wealth fund may be allowed to invest in unlisted stocks next year". www.reuters.com. Retrieved 2017-05-23.
  5. Associated Press, BLAKE NICHOLSON (2017-05-14). "Oil pipeline opponents try going after the money". CNBC. Retrieved 2017-05-23.
  6. NYT on July 27, 2007
  7. Johnson, Mark (2006-12-22). "Hevesi Pleads Guilty, Resigns From Office". New York Sun. Retrieved 2007-04-18.
  8. "DiNapoli Sworn in as New York State's 54th Comptroller" (Press release). Office of the New York State Comptroller. 2007-02-07. Archived from the original on 2007-02-19. Retrieved 2007-04-18.
  9. "DiNapoli Names Sanzillo First Deputy Comptroller" (Press release). Office of the New York State Comptroller. 2007-03-07. Archived from the original on 2011-06-10. Retrieved 2007-04-18.
  10. New York Daily News
Political offices
Preceded by
Alan Hevesi
New York State Comptroller
Acting

20062007
Succeeded by
Thomas DiNapoli