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]

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)

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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