Thomas Secunda

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Thomas F. Secunda
Born 1954 (age 59–60)
Bethpage, New York, U.S.
Nationality United States
Ethnicity Jewish
Alma mater Binghamton University
Occupation Founding Partner, Vice Chairman & Global Head of Financial Products & Services of Bloomberg L.P.
Net worth Increase US $ 1.7 billion
(Oct 2014)[1]
Spouse(s) Cynthia Cohen Secunda
Children two

Thomas "Tom" Secunda (born 1954) is an American business executive, best known as one of the original four co-founders of Bloomberg L.P. and current vice chairman.[2]

Early life and education[edit]

Thomas Secunda was born in 1954 in Bethpage, New York.[3] He graduated from Binghamton University with Bachelor's and Master's Degrees in mathematics.[4] In 2011, Secunda was appointed Chairman of the Board of Directors for the National Parks Conservation Association. He also serves on the board of trustees for the Intrepid Museum Foundation,[5] and on the board of directors of the Manhattan Theater Club.[6]

Career[edit]

Beginning his career as a programmer,[7] Thomas Secunda worked as a fixed-income trader at Morgan Stanley, as well as a systems researcher at Salomon Brothers, where he worked alongside future co-founder of Bloomberg L.P. former Mayor of New York City Michael Bloomberg.[3]

In 1982, Secunda joined his former Solomon Brothers colleagues Michael Bloomberg, Duncan MacMillan, and Charles Zegar to set up Innovative Market Systems, later renamed Bloomberg L.P. in 1987.[8] He serves as the global head of Bloomberg’s Financial Products and Services where his primary responsibility is to help Bloomberg develop new features and tools for the Bloomberg Professional service, the company’s primary product, driving 85 percent of its estimated $7 billion in revenue.[9] As head of Financial Products, Secunda oversees a global staff of 6,000.[10] In July 2011, Secunda was appointed vice chairman of Bloomberg L.P. following Daniel L. Doctoroff's promotion to CEO.[11]

In addition to being one of the four co-founders of Bloomberg L.P., Secunda sits on the board of directors.[12] When asked about Bloomberg, Secunda has said, "I'm immensely proud of the culture, the people and the company. The product is wonderful and I'm very proud of that as well."[7]

Philanthropy[edit]

Secunda and his wife Cindy are signatories of the Giving Pledge.[13] The beneficiaries of the couple's charitable giving are primarily organizations that focus on "National Parks, local parks, conservation, healthcare and Jewish causes."[13][14] He supports the American Israel Education Foundation, the American Jewish Joint Distribution Committee, and the UJA Federation.[15] In 2012, he was awarded the Simon Wiesenthal Center's award for his philanthropic work.[16]

Personal life[edit]

Secunda currently lives with his wife, Cynthia "Cindy" Cohen, who is also Jewish,[17][18] and their two daughters in Croton-on-Hudson, New York.[6]

References[edit]

  1. ^ Forbes: The World's Billionaires - Thomas Secunda October 2014
  2. ^ Business Media (13 July 2011). "Bloomberg Names Doctoroff CEO". Media Business. Retrieved 20 July 2011. 
  3. ^ a b "The 400 Richest Americans". 17 September 2008. Retrieved 20 July 2011. 
  4. ^ "Department of Computer Science". Retrieved 20 July 2011. 
  5. ^ "Board of Trustees". Intrepid. Retrieved 20 July 2011. 
  6. ^ a b Andrea, Shannon. "Thomas F. Secunda to Chair National Parks Conservation Assoc. Board of Trustees". NPCA. Retrieved 20 July 2011. 
  7. ^ a b MacSweeney, Greg (23 March 2011). "In His Own Words: Q&A with Bloomberg Cofounder Thomas Secunda". Wall Street and Technology. Retrieved 20 July 2011. 
  8. ^ "Thomas Secunda". Forbes. Retrieved 20 July 2011. 
  9. ^ "In His Own Words: Q&A with Bloomberg Cofounder Thomas Secunda". 
  10. ^ "Thomas Secunda Bloomberg Bio Page". 
  11. ^ New York Times: "Mayor's Ex-Deputy Named Chief of Bloomberg L.P." By BRIAN STELTER July 13, 2011
  12. ^ Loomis, Carol (5 April 2007). "Bloomberg's Money Machine". CNN Money. Retrieved 20 July 2011. 
  13. ^ a b The Giving Pledge: "STATEMENT BY TOM AND CINDY SECUNDA TO 'THE GIVING PLEDGE'" June 2011
  14. ^ The Cortland Daily Voice: "Croton Billionaire Thomas Secunda Makes Forbes 400 List" by Jessica Glenza September 21, 2012
  15. ^ Inside Philanthropy: "Thomas Secunda" retrieved October 20, 2014
  16. ^ The Canadian Jewish News: "Feld Carr Feted" April 19, 2012
  17. ^ New York Times: "Paid Notice: Deaths COHEN, BERNARD" April 8, 2002
  18. ^ Temple Israel of Northern Westchester: "Temple Topics" September 2012