Press Releases


Management Review Commission Members


Edward I. Koch was mayor of the City of New York from 1978 through 1989, and is currently a television commentator and author. Prior to his election as mayor, he was a member of the New York City Council and served in the U.S House of Representatives from 1969 through 1977.

Frank G. Zarb is chairman of the Promontory Financial Group and a managing director of Hellman & Friedman, LLC. He is the former chairman of the American International Group (AIG) and currently serves as a member of its board of directors. He is a former chair of the Long Island Power Authority, chair of the New York State Commission on Education Reform, chair of the Nassau County Interim Finance Authority, and chair of the New York Stock Exchange Nominating Committee. He is also a former member of the board of directors of the Lower Manhattan Development Corporation. Zarb was the senior official for all United States government energy-related activities during Gerald Ford’s administration, serving as administrator of the Federal Energy Administration and assistant to the President for Energy Affairs. He has also served in various other assignments with the Nixon, Reagan, Bush and Clinton administrations. Zarb has been a senior partner of Lazard Freres & Co., chairman and chief executive officer of Smith Barney, vice chairman of The Travelers, Inc., chairman, chief executive officer and president of Alexander & Alexander Services, Inc., as well as chief executive officer of the National Association of Securities Dealers.

Nancy Cantor is the 11th chancellor and president of Syracuse University. Previously, Cantor was provost at the University of Michigan, and chancellor at the University of Illinois at Urbana-Champaign. Dr. Cantor is the past chair of the board of directors of the American Association for Higher Education and is also a board member of the American Council on Education. She serves on the board of trustees of Sarah Lawrence College, the Center for Advanced Study in the Behavioral Sciences, and the American Institutes for Research.

George Faeth is an attorney in private practice, with a specialty in real estate and commercial litigation. He formerly served as the New York City Registrar and also was as an assistant commissioner in the New York City Department of Finance.

Alan Fishman is a lifelong resident of Brooklyn. He is president of Independence Community Bank and the Independence Community Foundation, and is chairman of the boards of the Brooklyn Navy Yard Development Corporation and Brooklyn Academy of Music. He is former chair of the Brooklyn Chamber of Commerce.

Denis Hughes has been president of the New York State AFL-CIO since 1999. He became a union member at the age of 16 when he joined the Retail Clerks Union. In 1990, he was appointed to the position of executive assistant to the president. In this capacity, he was responsible for the coordination of the Committee on Political Education (COPE) and Legislative programs as well as the overall policy and development of the staff departments.

Hugh Johnson is the chairman of Johnson Illington Advisors, LLC, managing nearly $624 million of equity fixed income and cash investments and serving as a consultant to over $900 million in institutional assets. Johnson serves as an economic advisor to the Chairman of the New York State Assembly Committee on Ways and Means and is Director of the New York Business Development Corporation.

Serafin U. Mariel was president and chief executive officer of the minority-owned New York National Bank (NYNB) in the South Bronx from 1982-2005. New York National Bank was acquired by Hudson Valley Holding Corporation on January 1, 2006, and Mariel continues to have Business Development and Community Responsibility for the successor NYNB Bank. Under his charge, New York National Bank was the recipient of two $10 million deposits from New York State’s Short-Term Investment Pool in an effort to promote economic development in communities in need of greater banking services, and those deposits are held by the successor bank, NYNB Bank. He was chairman of the Bronx Overall Economic Development Corporation and played a key role in advocating for the revitalization of the commercial hub at East 149th Street and Third Avenue in the Bronx.

Carol O’Cleireacain is an economic and management consultant and non-resident senior fellow at the Brookings Institution Metropolitan Policy Program in Washington, D.C. She previously served as Deputy State Treasurer of New Jersey under Governor Jon Corzine. She was director of the New York City Office of Management and Budget and commissioner of the New York City Department of Finance under Mayor David Dinkins.

Sandra Shapard has held a variety of positions in the New York State Comptroller’s Office, including assistant deputy comptroller, deputy comptroller, and interim first deputy comptroller. She has also served as deputy assistant commissioner for transit in the New York State Department of Transportation and deputy director at the State Division of the Budget, and was deputy director of budget studies of the Ways and Means Committee of the New York State Assembly.

Thomas R. Suozzi is the Nassau County Executive. First elected in 2001, he was re-elected to that position in 2005. He previously served as four-term mayor of Glen Cove.

William C. Thompson has been New York City Comptroller since 2001. After starting his career as an aide to a Brooklyn congressman and later serving as the borough’s youngest-ever deputy borough president, he was appointed to the New York City Board of Education in 1994 and served five consecutive terms as its President. He led a reform agenda that resulted in improved student achievement and greater public accountability.


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