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Alexandra Lebenthal

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Alexandra Lebenthal
Born
Alexandra Lebenthal

(1964-03-11) March 11, 1964 (age 60)
New York, U.S.
EducationPrinceton University (BA)
Known forPresident and CEO, Lebenthal & Company
SpouseJay Diamond
ChildrenEleanor, Charlotte, and Benjamin Diamond
ParentJames A. Lebenthal
FamilySayra 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]

Early life and education

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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

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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

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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

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

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

References

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  1. ^ "Snap Shot: Alexandra Lebenthal". JW Magazine. Archived from the original on June 18, 2015. Retrieved June 17, 2015.
  2. ^ a b c d 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. ^ a b c 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.
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