Bradley Abelow
Encyclopedia
Bradley Abelow is an American businessman and political leader who formerly served as Chief of Staff
Chief of Staff
The title, chief of staff, identifies the leader of a complex organization, institution, or body of persons and it also may identify a Principal Staff Officer , who is the coordinator of the supporting staff or a primary aide to an important individual, such as a president.In general, a chief of...
to the Governor of New Jersey
Governor of New Jersey
The Office of the Governor of New Jersey is the executive branch for the U.S. state of New Jersey. The office of Governor is an elected position, for which elected officials serve four year terms. While individual politicians may serve as many terms as they can be elected to, Governors cannot be...
in the Cabinet of Gov. Jon Corzine
Jon Corzine
Jon Stevens Corzine is the former CEO of Goldman Sachs and of MF Global, and a one time American politician, who served as the 54th Governor of New Jersey from 2006 to 2010. A Democrat, Corzine served five years of a six-year U.S. Senate term representing New Jersey before being elected Governor...
. Prior to entering Governor Corzine's Cabinet as State Treasurer, he was a top executive for the Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...
firm of Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
. He is currently Global Chief Operating Officer at MFGlobal (Joined 13 Sept 2010)
Wall Street Career
He served for 15 years in executive positions with Goldman SachsGoldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
, where he worked with Governor Corzine, the investment bank's former CEO. Treasurer Abelow headed the company's global operations and at one point ran its Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
office. While at Goldman Sachs, Abelow served on the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
of The Depository Trust & Clearing Corporation.
Treasurer of New Jersey
Abelow formerly served as New JerseyNew Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
State Treasurer. He was appointed Treasurer by Governor of New Jersey
Governor of New Jersey
The Office of the Governor of New Jersey is the executive branch for the U.S. state of New Jersey. The office of Governor is an elected position, for which elected officials serve four year terms. While individual politicians may serve as many terms as they can be elected to, Governors cannot be...
, Jon Corzine
Jon Corzine
Jon Stevens Corzine is the former CEO of Goldman Sachs and of MF Global, and a one time American politician, who served as the 54th Governor of New Jersey from 2006 to 2010. A Democrat, Corzine served five years of a six-year U.S. Senate term representing New Jersey before being elected Governor...
and took office on January 23, 2006. In his role as Treasurer, Abelow oversaw the New Jersey Department of the Treasury
New Jersey Department of the Treasury
The mission of the New Jersey Department of the Treasury is to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's physical and financial assets, and provide statewide support services to...
, and its approximately 4,000 employees who work in the eleven divisions and offices of the Department of the Treasury to perform three major functions: Revenue collection and generation, assets management and statewide support services.
As Treasurer, Abelow held seats on several state boards in New Jersey. In June 2007, he was named the #3 most influential political personality in the state of New Jersey. While at the Treasury, Abelow put together the 2006 and 2007 state budgets and helped craft several initiatives the Corzine Administration launched with regards to fixing the state's financial structure.
Chief of Staff to the Governor
On September 1, 2007, Corzine named Abelow to serve as his Chief of Staff, replacing Thomas SheaThomas Shea
Thomas Shea is a senior political adviser and the former Chief of Staff to New Jersey Governor Jon Corzine. Shea took over the chief of staff position when Corzine took office in January 2006. In June 2007, he was named the #6 most influential political personality in the state of New Jersey...
. Treasurer Abelow was considered an unusual choice for the post since he had no background in New Jersey politics and was primarily a business executive by training. Most of Treasurer Abelow's predecessors as chief of staff had been long standing New Jersey political operatives, lobbyists and former legislators.
On December 1, 2008, Abelow was succeeded as chief of staff by Lisa P. Jackson
Lisa P. Jackson
Lisa Perez Jackson is an American chemical engineer currently serving as the Administrator of the Environmental Protection Agency . Previously, she worked at the New Jersey Department of Environmental Protection for 6 years, first as an assistant commissioner and later as commissioner...
, who had served as the Commissioner of the New Jersey Department of Environmental Protection
New Jersey Department of Environmental Protection
The New Jersey Department of Environmental Protection is a government agency in the U.S. state of New Jersey that is responsible for managing the state's natural resources and addressing issues related to pollution...
.
Personal life
Abelow received a Bachelor of ArtsBachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
(B.A.) degree from Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....
, and was awarded an M.B.A.
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
from the Yale School of Management
Yale School of Management
The Yale School of Management is the graduate business school of Yale University and is located on Hillhouse Avenue in New Haven, Connecticut, United States. The School offers Master of Business Administration and Ph.D. degree programs. As of January 2011, 454 students were enrolled in its MBA...
.
Formerly a New York resident, Treasurer Abelow has relocated to Montclair, New Jersey
Montclair, New Jersey
-Demographics:As of the census of 2000, there were 38,977 people, 15,020 households, and 9,687 families residing in the township. The population density was 6,183.6 people per square mile . There were 15,531 housing units at an average density of 2,464.0 per square mile...
with his wife and three children, including his middle child Hannah who is attending Brown University. Hannah is currently studying in the School of Nursing at Brown University.
External links
- New Jersey Department of the Treasury official state site
- Project Vote Smart - Bradley Abelow (NJ) profile