Sanford Rich
CUNY Practitioners In Residence Corps
Education
Sanford pursued his education with dedication, earning a Bachelor of Science in Finance from Case Western Reserve University in 1980. He further honed his financial acumen by completing an MBA in Finance from the NYU Stern School of Business in 1988. These academic foundations provided him with robust knowledge and skills, which he has effectively translated into his professional endeavors.
Current Roles
Throughout his career, Sanford has taken on pivotal leadership roles in both the public and private sectors. Currently, he serves as the Executive Director of the New York City Board of Education Retirement System, where he manages a pension plan and tax-deferred annuity program for 55,000 members, overseeing assets worth $11 billion. His role involves complex tasks such as restructuring, system implementation, and securing new office spaces.
Academic Involvement
In addition to his executive duties, Sanford is also an Adjunct Professor at CUNY Queens College Business. He contributes to the Honors Minor in Business and Liberal Arts (BALA) program and develops courses focused on pensions and long-term investing. His academic involvement demonstrates his commitment to sharing knowledge and shaping the future of finance professionals.
Corporate Governance Roles
Sanford's career path includes notable positions such as Independent Director and Audit Committee Chair at Unusual Machines, and a Member of the Investor Advisory Group at the Public Company Accounting Oversight Board (PCAOB). He has also held the role of Director and Audit Committee Chairman at Aspen University since 2012, showcasing his enduring influence in corporate governance.
Previous Roles
His previous roles are equally impressive, having been the Chief of Negotiation and Restructuring at the Pension Benefit Guaranty Corporation, and holding multiple leadership positions at companies like Ins Pro Technologies, Matrix USA LLC, and Merrill Lynch. These roles underline his expertise in areas like ERISA, cybersecurity policy, bankruptcy consultation, and pension plan restructuring.
Certifications and Skills
Sanford is a recognized expert with certifications as a Master Diver and Divemaster, and has held various FINRA registrations, though now inactive. His proficiency extends to skills such as operational strategy, financial literacy, private equity, venture capital, corporate governance, and portfolio management.
Achievements
Collected through years of diverse experiences, Sanford's achievements are numerous. He has implemented strategic initiatives, managed large teams, and garnered eight professional recommendations that praise his leadership, problem-solving abilities, and strategic vision. His career is a testament to his expertise and dedication in the financial industry.
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