BGC GROUP - Key Persons
Job Titles:
- Director
- Member of the Board of Directors
- Member of the View the Team
- Managing Partner of Phoenix Merchant Partners LP
Mr. Mbanefo has been a director of our Company since October 2021. Mr. Mbanefo is the Managing Partner of Phoenix Merchant Partners LP, a merchant banking and private credit business. Previously, Mr. Mbanefo was the Chief Investment Officer and Head of Principal Business and Asset Management for ORIX Corporation USA. Mr. Mbanefo also previously served as the Chief Investment Officer of Barclays Bank PLC. Mr. Mbanefo currently serves as chairman of the advisory board of Datatailr Inc., a financial and data analytics and development firm, and has been a senior adviser to Banyan LLC, an e-commerce data solutions firm. Mr. Mbanefo graduated with a BSc with Honours from Loughborough University. He is also a Fellow Chartered Accountant.
Mr. Mbanefo has been a director of our Company since October 2021. Starting January 2023, Mr. Mbanefo is the Managing Partner of Phoenix Merchant Partners LP, a merchant banking and private credit business, where he previously served in the same role from September 2019 until February 2020. From February 2020 to June 2022, Mr. Mbanefo was the Chief Investment Officer and Head of Principal Business and Asset Management for ORIX Corporation USA, the U.S. subsidiary of ORIX Corporation, a publicly owned, Tokyo-based international financial services company. In this role, he led investments across private equity, private credit and real estate, with a focus on the U.S. middle market. He was also an Advisory Director of the Board of ORIX Corporation USA. Mr. Mbanefo served as the Chief Investment Officer of Barclays Bank PLC from March 2017 until June 2019 where he was responsible for all the investment of the balance sheet of Barclays Bank PLC across corporate and investment banking, markets, pension and asset management, cards and payments. Prior to this role, he was a Head of Markets at Barclays from September 2015 to February 2017 and a Managing Director at the firm in various market leadership roles from May 2009 to September 2015. Prior to Barclays, Mr. Mbanefo served as Chief Investment Officer and Chief Executive Officer of two alternative investment management firms. In addition, since May 23, 2022, he has been the Chairman of the advisory board of Datatailr Inc., a financial and data analytics and development firm, and a senior adviser to Banyan LLC, an e-commerce data solutions firm since September 1, 2022. He is an advisory board member of the non-profit, Room to Read, in both London and New York. Mr. Mbanefo graduated with a BSc with Honours from Loughborough University. He is also a Fellow Chartered Accountant.
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Job Titles:
- Member of the Board of Directors
- Member of the View the Team
- Chairman of Cantor Fitzgerald, L.P
Brandon Lutnick is the Chairman of Cantor Fitzgerald, L.P. and is a member of the Board of Directors of BGC Group, Inc.
Most recently, Mr. Lutnick worked as an Executive at Cantor Fitzgerald, driving the firm's corporate strategy and overseeing projects related to the company and its affiliates. He also serves as the Chairman and Chief Executive Officer for Cantor Fitzgerald's Special Purpose Acquisition Companies, including Cantor Equity Partners, Inc. and Cantor Equity Partners I, Inc. Mr. Lutnick joined Cantor in 2022 in equity sales and trading. He began his career as a credit analyst at Oak Hill Advisors.
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Job Titles:
- Member of the BGC Management Team
- Member of the View the Team
- General Counsel, ESG, Chief Counsel for Securities & Corporate Governance, Senior Managing Director, and Corporate Secretary
Job Titles:
- Director
- Member of the Board of Directors
- Member of the View the Team
- Chairman of Prodrive Holdings Ltd
Mr. Richards has been a director of our Company since December 2017. Mr. Richards is the Chairman of Prodrive Holdings Ltd., a British motorsport and advanced engineering group, a position in which he has served since the firm's founding in 1984.
Mr. Richards has been a director of our Company since December 2017. Mr. Richards is the Chairman of Prodrive Holdings Ltd., a British motorsport and advanced engineering group, a position in which he has served since the firm's founding in 1984. He previously served as Chairman of Aston Martin Lagonda Ltd., a British manufacturer of luxury sports cars, from 2007 until 2013, and as a non-executive director of BGC European GP Limited from May 2009 until June 2017. Mr. Richards currently serves in the role of Chairman of the UK governing body of the Motor Sports Association. Mr. Richards has been a director of Phytome Life Sciences, a U.K. plant-based medical research company, since August 2019. From September 2021 to September 2022, Mr. Richards was a non-executive director of Raw Charging Group Limited, a U.K. electric vehicle charging company focused on distributing smart charging infrastructure to business customers in the U.K. and Europe. In the 2005 Queen's New Year's Honours, Mr. Richards was made a Commander of the British Empire, CBE, for his services to motorsport. Mr. Richards attended Brynhyfryd School in North Wales followed by five years of articles with a Liverpool firm of chartered accountants. He holds honorary doctorates and fellowships from the Universities of Wales, Coventry, Warwick and Cranfield.
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Job Titles:
- Head of Investor Relations
- Member of the BGC Management Team
- Member of the View the Team
Job Titles:
- Chief Financial Officer
- Member of the BGC Management Team
- Member of the View the Team
Jason W. Hauf is Chief Financial Officer of BGC Group, Inc., overseeing the financial operations of the company. His responsibilities include Financial and Regulatory reporting, Financial Planning & Analysis, Treasury Management, Risk and Investor Relations.
Mr. Hauf joined BGC in 2022, bringing over 30 years of financial management and public accounting experience in international organizations. Prior to this, he served as Managing Director and CFO of Exos Technology and Financial Partners, where he helped to establish an investment bank and technology company from the ground up.
Before his time at Exos, Mr. Hauf served as Managing Director and CFO of Royal Bank of Scotland, Corporate and Institutional Banking Division, Americas. He was also previously Vice President at AIG Financial Products Corp. He began his career at Coopers & Lybrand.
Mr. Hauf is a graduate of the University of Delaware and holds a Bachelor's of Science degree in accounting.
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Job Titles:
- Chief Executive Officer
- Co - Chief Executive Officer
- Member of the BGC Management Team
- Member of the View the Team
- Co - Global Head
John Abularrage has served as Co-Global Head of Brokerage and Chief Executive Officer of the Americas for BGC Group, where he was responsible for leading, developing, and growing BGC's brokerage business in the region.
Mr. Abularrage joined BGC Group in 2021, bringing more than 20 years of financial services experience to the business. Prior to joining the Company, he held various senior positions at TP ICAP, including Head of Global Broking and Chief Executive Officer of the Americas. Prior to that, Mr. Abularrage served as the Chief Executive Officer of North America at Collins Stewart, where he was previously the Head of Equities.
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Job Titles:
- Co - Chief Executive Officer
- Member of the BGC Management Team
- Member of the View the Team
Job Titles:
- Member of the Board of Directors
- Member of the View the Team
Dr. Bell has been a director of our Company since July 2013. Dr. Bell is currently the Claire Tow Professor of Economics and Provost Emerita of Barnard College, Columbia University. Previously she has served as the Provost and Dean of Faculty at Barnard College, Columbia University since 2012, where she also was the Claire Tow Professor of Economics. Prior to joining Barnard, Dr. Bell was the Provost and John B. Hurford Professor of Economics at Haverford College from 2007 and 2012 and a member of the faculty since 1992.
Dr. Bell has been a director of our Company, and prior to the Corporate Conversion, BGC Partners, since July 2013. Dr. Bell is currently the Claire Tow Professor of Economics and Provost Emerita of Barnard College, Columbia University. Previously she has served as the Provost and Dean of Faculty at Barnard College, Columbia University since 2012, where she also was the Claire Tow Professor of Economics. Prior to joining Barnard, Dr. Bell was the Provost and John B. Hurford Professor of Economics at Haverford College from 2007 to 2012 and a member of the faculty since 1992. Prior to her tenure at Haverford, Dr. Bell held visiting faculty appointments at Stanford University; the University of California, San Diego; the John F. Kennedy School of Government at Harvard University; and the Woodrow Wilson School of Public Administration at Princeton University and has taught at the Leonard N. Stern School of Business at New York University. Dr. Bell has also served as a research fellow at the Institute for the Study of Labor (IZA) in Bonn, Germany since 2003, and as a senior consultant for the labor practice group of the National Economic Research Associates since 2006. Dr. Bell holds a Ph.D. in Economics from Harvard University.
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Job Titles:
- Counsel
- Member of the BGC Management Team
- Member of the View the Team
- Senior Managing Director and Global Head of Human Resources
- Senior Managing Director, Global Head of Human Resources and Chief Employment Counsel, Americas
Lori Pennay is a Senior Managing Director and Global Head of Human Resources and Chief Employment Counsel for the Americas for BGC Group, Inc., overseeing Human Resources globally, and employment law in the Americas, for the company.
Previously, Ms. Pennay served as a Vice President and Assistant General Counsel, providing legal advice and representation to the BGC Group with respect to employment and partnership matters. Before this, Ms. Pennay worked as Employment Counsel for Credit Suisse Securities (USA), LLC. where she was primarily responsible for providing legal advice and representation for the private banking and certain back-office divisions. She began her career as an employment lawyer with the law firm of Akin Gump Strauss Hauer & Feld, LLP.
Ms. Pennay holds a B.A. from Pennsylvania State University with high distinction honors, and a J.D. from the University of Pennsylvania Law School.
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Job Titles:
- Member of the BGC Management Team
- Member of the View the Team
- Chief Executive Officer of Fenics Markets Xchange
- Chief Executive Officer of FMX
- Executive Managing Director for the Americas Business
Louis Scotto is the Chief Executive Officer of Fenics Markets Xchange (FMX). FMX is an electronic trading venue that combines BGC Group's market-leading Fenics Rates and FX platforms with its new FMX Futures Exchange.
Mr. Scotto joined BGC Group in early 2011 as Executive Managing Director for the Americas business, before assuming leadership of the North America business as General Manager. He then went on to serve as Executive Managing Director Americas and as the Global Head of Fenics USTreasuries for BGC Group.
With over 30 years of experience in the broking industry, Mr. Scotto's career started in 1981 at Garban. There, he was the Head of Technology and served as President of Garban Computer Systems. In 1985, he joined Mabon Nugent where he served as General Partner and Chief Administrative Officer. In 1992, Mr. Scotto joined Liberty Brokerage in London, and from 1994 to 1999 he built the business of Liberty Eurasia, returning to New York in 1999 as Global Chief Operating Officer of Liberty Brokerage.
In 2000, Liberty Brokerage merged with Tullett, and Mr. Scotto served as Chief Operating Officer of that business until 2003, when the company merged with Collins Stewart. He became Group CEO of Collins Stewart Tullett, Plc. and, upon the acquisition of Prebon, Mr. Scotto was promoted to CEO of Tullett Prebon, Plc. From 2007 to 2009 he served as CEO of Tullett Prebon Americas and from 2009 as a consultant to Tullett Prebon.
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Job Titles:
- Global Chief Information Officer
- Member of the BGC Management Team
- Member of the View the Team
Job Titles:
- Chief Operating Officer
- Co - Chief Executive Officer
- Member of the BGC Management Team
- Member of the View the Team
Stephen Merkel - Chairman, Chief Legal Officer, EVP
Job Titles:
- Chairman of the Board of Directors
- Executive Vice President
- General Counsel
- Member of the BGC Management Team
- Member of the View the Team
Stephen Merkel is Chairman of the Board of Directors of BGC Group, Inc. and is Executive Vice President and General Counsel. He is also on the Board of Directors of BGC Group's FMX business. Additionally, he is Executive Vice Chairman, Executive Managing Director, and General Counsel for the Cantor Fitzgerald, L.P. group of companies, which includes BGC Group, Inc., Cantor Fitzgerald & Co., and Newmark Group, Inc.
Prior to joining Cantor Fitzgerald in 1993, Mr. Merkel was Vice President and Assistant General Counsel at Goldman Sachs & Co., dedicated to the J. Aron Division. Before that, he was an associate with the law firm of Paul, Weiss, Rifkind, Wharton & Garrison. He also served as a law clerk for the Honorable Irving R. Kaufman of the U.S. Court of Appeals for the Second Circuit. Mr. Merkel received a Bachelor's degree with a major in History and Sociology of Science from the University of Pennsylvania and received his law degree from the University of Michigan Law School.
Mr. Merkel is currently on the Board of Trustees for the Brooklyn Botanic Garden and on the Board of Directors of the Brooklyn Bridge Park Corporation. He was a founding member of the Wholesale Markets Brokers' Association for the Americas. Mr. Merkel lives with his wife, Robin Shanus, and has three adult children, David, Gabe and Leo.
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Job Titles:
- Chief Information Officer
- Member of the BGC Management Team
- Member of the View the Team
Job Titles:
- Director
- Member of the Board of Directors
- Member of the View the Team
Mr. Addas has been a director of our company since July 2023. From 2008 to 2023, Mr. Addas held numerous senior positions at BofA Securities, Inc., including Co-Head of Global Financial Institutions Group from 2021 to 2023, Co-Head of Americas Financial Institutions Group from 2019 to 2021, and Head of Specialty Finance from 2018 to 2019. Mr. Addas holds a Bachelor of Arts from Brandeis University, and a Juris Doctor from the George Washington University Law School.
Mr. Addas has been a director of our company since July 2023. From 2008 to 2023, Mr. Addas held numerous senior positions at BofA Securities, Inc., including Co-Head of Global Financial Institutions Group from 2021 to 2023, Co-Head of Americas Financial Institutions Group from 2019 to 2021, and Head of Specialty Finance from 2018 to 2019. From 2003 to 2008, he was a Managing Director and Head of Financial Technology and Specialty Finance at Deutsche Bank. From 2005 to 2006, he served on the board of Delta Financial Corp., a residential mortgage company. From 1996 to 2003, he was a Managing Director at Credit Suisse and Donaldson, Lufkin & Jenrette. From 1993 to 1996, he served as a Director of NatWest Markets Securities, a U.S. based broker-dealer. From 1984 to 1992, he practiced as an attorney at Manatt, Phelps, Phillips, Rothenberg and Tunney, where he was an Associate and later a Partner, and Wasserstein Perella, where he was an Associate. Mr. Addas holds a Bachelor of Arts from Brandeis University, and a Juris Doctor from the George Washington University Law School.
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