BNET Industries

Last Fiscal Year Sales:$503.7M
  • Private
  • US
Dow Jones Description

BGC's origins date back to 1945 when B. Gerald Cantor founded what became Cantor Fitzgerald. Cantor, a true pioneer, envisioned a new way of trading: a world-class brokerage service for inter-dealer fixed income markets. This service would be based on careful attention to customer service and innovation in business and technology, principles which are fundamental to BGC today. BGC is now a world leader in financial services. Read on for our full story.

Co-Chief Executive Officer and Chairman of the Board of Directors
Howard W. Lutnick
Number of Employees 1,526
Contact Information

111 E 58th St 6th Fl

New York, New York 10022

bgcpartners.com

(212) 938-5000

NAICS Code Investment Banking and Securities Dealing: 523110

News & Analysis

bgc partners l.p. - All News and Analysis

Decision Makers

Name (plus bio) Position
Shaun D Lynn President
Douglas R. Barnard CFO
Frank V Saracino Chief Accounting Officer
Keith Reihl Chief Operating Officer, North America
Paul Saltzman Chief Operating Officer
Robert K. West CFO
Roger C. Campbell Chief Admin Officer, North America
Sean Windeatt Chief Operating Officer
Yevette Tierney Chief Information Officer
Stephen M. Merkel Executive Vice President, General Counsel and Secretary
George Tambakis Vice President, Sales
Robin Clark Vice President & Executive Managing Director
Len Harvey Executive Managing Director and General Manager, Asia, Pacific
Mark Webster Executive Managing Director and General Manager, Asia
Thierry Vergeau General Manager, Aurel
Tony Verrier Executive Managing Director and General Manager, London and Europe
Bernard Weinstein Executive Managing Director
Breno Fernandes Executive Managing Director
Craig Bannister Managing Director
Daniel M LaVecchia Executive Managing Director, North America
David Work Managing Director
Dominica Li Managing Director
Fabricio Garcia Executive Managing Director
Guillermo R Somerville Managing Director
Jean-Pierre Aubin Executive Managing Director
Jerome Frank Senior Managing Director, France
Mark Spring Executive Managing Director, Asia
Nadim Mourad Managing Director, Interest Rate Swaps
Nick Ruddell Senior Managing Director
Patrick Troy Managing Director, Chicago
Philip Chung Managing Director
Philip Norton Executive Managing Director, E, Commerce
Richard Tan Managing Director of Radix Energy
Salvatore Trani Executive Managing Director
Sean Robinson Managing Director, Head of Switzerland
Miguel Ruiz Branch Office Manager
Ashok Jha Head of Desk, Corporate Brokerage
Aurel Leven Dealer Broker
Graham Sadler
Robert Brown Global Head of Ebusiness Integration
Ronald Juvonen
Denis Klotz Director

Board of Directors

Name (plus bio) Position
Howard W. Lutnick Co-Chief Executive Officer and Chairman of the Board of Directors
Lee M. Amaitis Chairman and CEO
Albert M Weis Chairman
Barry M Gosin Member of the Board of Directors
Barry Sloane Member of the Board of Directors
Catherine P. Koshland Board of Directors
John H. Dalton Board of Directors

Organization Position Status
Intrepid Museum Foundation, Inc Chairman & CEO, Cantor Fitzgerald L.P., Chairman & CEO, Espeed, Inc. Current
BGC Partners, Inc. Chief Executive Officer Current
Light Fantastic Studios, Inc. Chairman of the Board and Chief Executive Officer Current
BGC Partners L.P. Co-Chief Executive Officer and Chairman of the Board of Directors Current
US House of Representatives Current
BGC Partners, Inc. Chairman Current
The Rockefeller University Board of Directors Current
Haverford College Board of Directors Current
Cantor Fitzgerald, L.P. Chief Executive Officer Former
Cantor Fitzgerald CEO Former
Cantor & Company CEO Former
Emissions Trading Chairman of the Board, Chief Executive Officer and President Former
Cantor Fitzgerald President Former
Cantor Fitzgerald, L.P. Chairman Former
Intrepid Museum Foundation, Inc Board of Directors Former
Haverford College Degree In Economics Former

Organization Position Status
Cantor Fitzgerald International Chief Executive Officer Current
Bgci Chief Executive Officer Current
BGC Partners L.P. Chairman and CEO Current
Light Fantastic Studios, Inc. Executive Managing Director, Espeed International Limited Current
Cantor Fitzgerald Senior Managing Director Current
BGC Partners L.P. Co-Chief Executive Officer and Director Current
The Shane Warne Foundation Ambassador Current
Darrenodam.Com Current
Bgci Chairman Current
The Boomer Esiason Foundation, Inc Board of Directors Current
BGC Partners, Inc. Co-CEO Former
International Ltd Vice Chairman Current
Cantor Fitzgerald International President Former
BGC Partners, Inc. President Former
BGC Partners L.P. Co-Chief Executive Former
International Ltd Executive Managing Director Former
BGC Partners, Inc. Executive Managing Director Former
Cantor Fitzgerald, L.P. Senior Managing Director Former
Cowen & Co. Limited Partner Former
BGC Partners, Inc. When Cantor Fitzgerald Former
Cantor Fitzgerald, L.P. senior executive Former
BGC Partners L.P. Vice Chairman Former
BGC Partners, Inc. Board of Directors Former

As President, Mr. Lynn is responsible for expanding BGC's existing broking businesses across Europe and Asia. Previously, Mr. Lynn was Executive Managing Director of Cantor Fitzgerald International, growing the company's European and Asian fixed income and derivative broking team by nearly 35% between 2002 and 2004. Mr. Lynn began his career at Cantor Fitzgerald in 1989 as a Bund broker, moving up to lead the Eurobond desk before assuming his first senior management role. Mr. Lynn began his career in capital markets in 1980. Prior to joining Cantor Fitzgerald, he was Associate Director in charge of broking at Purcell Graham Incorporated. Before that he was a UK equity dealer for Paul E Schweder Miller & Co.

Organization Position Status
Bgcfx President Current
BGC Partners L.P. President Current
Bgc Group President Former
Cantor Fitzgerald International Executive Managing Director Former
BGC Partners L.P. Managing Director Former
Bgci Managing Director Former
Cantor Fitzgerald, L.P. Bund broker Former
Cantor Fitzgerald Broker Former

Organization Position Status
BGC Partners L.P. CFO Current
Cantor Fitzgerald, L.P. Chief Financial Officer Current
Dover Management LLC Chief Administrative Officer Former
Goldman, Sachs & Co. Vice President Former
Goldman, Sachs & Co. Investment Banking Controller Former
Pace University Bba In Accounting Former

Mr. Saracino was eSpeed’s Interim Chief Accounting Officer from July 2006 to December 2007 and became Chief Accounting Officer in December 2007. He served as eSpeed’s Vice President and Global Controller from September 2004 to July 2006. Following the merger, Mr. Saracino will become Chief Accounting Officer of the Combined Company. Prior to joining us, from 2003 to 2004, Mr. Saracino served as an independent financial consultant. From 1996 to 2002, Mr. Saracino worked for Deutsche Bank Securities, Inc. as an investment banking Vice President focusing on Telecommunications Corporate Finance transactions and as a Vice President and Investment Banking Controller.

Organization Position Status
BGC Partners, Inc. Chief Accounting Officer Current
BGC Partners L.P. Chief Accounting Officer Current
Emissions Trading Interim Chief Accounting Officer Current
Deutsche Bank Securities Inc. Investment Banking Vice President Former

Organization Position Status
BGC Partners L.P. Chief Operating Officer, North America Current
Elizabethtown College B.A. Degree In Accounting Former

Organization Position Status
Emissions Trading Chief Operating Officer Current
BGC Partners L.P. Chief Operating Officer Current
BGC Partners, Inc. COO Current
Ellington Management Group Managing Director and General Counsel Current
Ellington Management Group General Counsel Current
The District of Columbia Bar Board of Directors Current
New York State Bar Association Board of Directors Current
The Bond Market Association Executive Vice President Former
The Bond Market Association Counsel Former
Kidder, Peabody & Co. Counsel Former
Greenwich Capital Markets, Inc. Counsel Former
Boston University JD Former
Boston University School of Law Jd Former
Phi Beta Kappa B.A. Former
Clark University BA Former

Organization Position Status
BGC Partners L.P. CFO Current
Barclays Global Investors Managing Director Former
Barclays Global Investors Global Controller Former
Salomon Smith Barney Former
Miami University Degree In Business Administration Former

Organization Position Status
BGC Partners L.P. Chief Admin Officer, North America Current
Wounded Warrior Project Board of Directors Current
New York Law School Juris Doctor Former
College of the Holy Cross Bachelor of Arts In Philosophy Former

Organization Position Status
BGC Partners L.P. Chief Operating Officer Current
BGC Partners L.P. Vice President Former
BGC Partners L.P. Executive Managing Director and Vice President Former
Cantor Fitzgerald International Board of Directors Former

Organization Position Status
BGC Partners L.P. Chief Information Officer Current

Stephen Merkel is Executive Vice President, General Counsel and Secretary of BGC Partners, Inc. He originally joined Cantor Fitzgerald in 1993, overseeing all legal and compliance functions for the firm.Prior to its merger with BGC, Mr. Merkel was also a Director of eSpeed, and before this was the Senior Vice President, General Counsel and Secretary of eSpeed from June 1999. Prior to joining Cantor Fitzgerald, Mr. Merkel was Vice President and Assistant General Counsel at Goldman Sachs & Co., dedicated to the J. Aron Division. He began his career at Paul, Weiss, Rifkind, Wharton and Garrison. Mr. Merkel graduated with a B.A. Magna Cum Laude from the University of Pennsylvania and received his law degree from the University of Michigan School of Law.

Organization Position Status
BGC Partners, Inc. Executive Vice President, General Counsel, Secretary. Current
Cantor Fitzgerald, L.P. Executive Vice President Current
Cantor Fitzgerald International General Counsel, Secretary & Executive Vice President Current
BGC Partners L.P. Executive Vice President, General Counsel and Secretary Current
Emissions Trading Executive Vice President, General Counsel, Secretary Current
Light Fantastic Studios, Inc. Current
Medicare Rights Center Board of Directors Current
BGC Partners, Inc. Director Current
Cantor Fitzgerald, L.P. Secretary Current
Freedom Board of Directors Current
Goldman, Sachs & Co. Vice President Former
The Goldman Sachs Group, Inc. Vice President Former
Cantor Fitzgerald, L.P. Executive Managing Director Former
Cantor Fitzgerald, L.P. General Counsel Former
Goldman, Sachs & Co. Assistant General Counsel Former
Paul, Weiss, Rifkind, Wharton & Garrison Associate Former
Cantor Fitzgerald Former
Cantor & Company Secretary Former
BGC Partners L.P. Board of Directors Former
The University of Michigan Law School Degree Former

Organization Position Status
BGC Partners L.P. Vice President, Sales Current

Organization Position Status
BGC Partners L.P. Vice President & Executive Managing Director Current
Maxcor, Inc. Director Former

Mr Harvey's career in the financial markets has spanned over 35 years, beginning as a trader at Foreign and Colonial Investment in London. From there he joined Prebon International in London as a broker for Inter Bank and Local Government. In 1985 Mr Harvey was appointed Director of Yen Swap Broking in Capital Market and Treasury Services for Prebon in Hong Kong. Prior to joining BGC, Mr Harvey was Chief Executive Officer for Asia Pacific at Prebon Asia and was responsible for the expansion of the business into Manila, Bangkok, India and Jakarta. In 2004 he was appointed Chief Executive Officer for Asia Pacific of the newly merged companies, Tullett and Prebon.

Organization Position Status
BGC Partners L.P. Executive Managing Director and General Manager, Asia, Pacific Current
Local Government Corporation Broker Former

Organization Position Status
BGC Partners L.P. Executive Managing Director and General Manager, Asia Current

Organization Position Status
BGC Partners L.P. General Manager, Aurel Current

Mr. Verrier's career in the inter-dealer broking market began at M W Marshall in 1987, following seven years as a trader with Lombard North Central. In 1991 he was given responsibility for all Stering products and from 1994 for all currencies, followed by a promotion in 1996 which placed him in charge of the broking floor at M W Marshall.

Organization Position Status
BGC Partners L.P. Executive Managing Director and General Manager, London and Europe Current

Organization Position Status
BGC Partners L.P. Executive Managing Director Current
Cantor Fitzgerald, L.P. Senior Managing Director and Director of Cantor Market Data Current
Sector, Inc. Former
Cantor & Company Former
BGC Partners, Inc. Former
Cantor Fitzgerald Former
New York Road Runners Foundation Board of Directors Former
New York University master's in business administration in finance Former
Columbia College bachelor of arts degree in philosophy Former

Organization Position Status
BGC Partners L.P. Executive Managing Director Current

Organization Position Status
BGC Partners L.P. Managing Director Current

Organization Position Status
BGC Partners L.P. Executive Managing Director, North America Current
Cantor Fitzgerald Current
BGC Partners L.P. President, North America Former

Organization Position Status
BGC Partners L.P. Managing Director Current

Organization Position Status
BGC Partners L.P. Managing Director Current

Organization Position Status
BGC Partners L.P. Executive Managing Director Current

Organization Position Status
BGC Partners L.P. Managing Director Current

Organization Position Status
BGC Partners L.P. Executive Managing Director Current

Organization Position Status
Etc Pollak President Current
BGC Partners L.P. Senior Managing Director, France Current
BNP Paribas SA Managing Director Former

Organization Position Status
BGC Partners L.P. Executive Managing Director, Asia Current

Organization Position Status
BGC Partners L.P. Managing Director, Interest Rate Swaps Current

Organization Position Status
BGC Partners L.P. Senior Managing Director Current

Organization Position Status
BGC Partners L.P. Managing Director, Chicago Current

Organization Position Status
BGC Partners L.P. Managing Director Current

Organization Position Status
BGC Partners L.P. Executive Managing Director, E, Commerce Current
BGC Partners L.P. Head, E, Commerce Former

Organization Position Status
BGC Partners L.P. Managing Director of Radix Energy Current

Organization Position Status
BGC Partners L.P. Executive Managing Director Current
New York University MBA Former
New York University BS Former

Organization Position Status
BGC Partners L.P. Managing Director, Head of Switzerland Current

Organization Position Status
BGC Partners L.P. Branch Office Manager Current

Organization Position Status
BGC Partners L.P. Head of Desk, Corporate Brokerage Current

Organization Position Status
BGC Partners L.P. Dealer Broker Current

Prior to BGC, Mr. Sadler spent 11 years with Bear Stearns, where he served most recently as Chief Operating Officer and Chief Financial Officer of Bear Stearns-Europe in addition to other management roles. He also was a member of that firm's European Executive Committee. Earlier, he served in a number of finance positions over a 14-year span with Barclays Capital (and its predecessor DeZoete & Bevan), including Director of Global Finance and Divisional Director, Markets Division. He began his career with KPMG (previously Peat Marwick Mitchell). Mr. Sadler is a Chartered Accountant in the UK, and holds a degree in Engineering from Cambridge University.

Organization Position Status
BGC Partners L.P. Current

Organization Position Status
BGC Partners L.P. Global Head of Ebusiness Integration Current

Organization Position Status
BGC Partners L.P. Current

Organization Position Status
BGC Partners L.P. Chairman Current

Organization Position Status
BGC Partners L.P. Member of the Board of Directors Current

Barry R. Sloane. Mr. Sloane has been a director of our company since September 2006. Mr. Sloane has been Co-President and Co-Chief Executive Officer of Century Bancorp, Inc. since April 2006 and Co-President and Co-Chief Executive Officer of Century Bank since April 2005. From April 2004 to April 2005, Mr. Sloane was Executive Vice President and Co-Chief Operating Officer of Century Bank and its holding company, Century Bancorp, Inc. From October 2001 to March 2004, he was a Managing Director of Steinberg, Priest and Sloane Capital Management, LLC. Mr. Sloane is a Trustee and Chairman of the Investment Committee of the Fisher Center for Alzheimer Research Foundation at the Rockefeller University, a Trustee of the Beth Israel Deaconess Medical Center, a Trustee of the Savings Bank Employees Retirement Association, a Trustee of the Wheeler School and a member of the Dean s Council of the John F. Kennedy School of Government at Harvard University.

Organization Position Status
Century Bank Co-Chief Executive Officer Current
Sbera Co-President & Co-CEO, Century Bank & Trust Current
Century Bank Co-President Current
Intrepid Museum Foundation, Inc Board of Directors Current
The Fisher Center for Alzheimer's Research Foundation Board of Directors Current
American Skin Association Director Current
The Overseer Board of Directors Current
Beth Israel Deaconess Medical Center Board of Directors Current
Boston Police Athletic League, Inc. Director Current
The Wheeler School Board of Directors Current
BGC Partners L.P. Member of the Board of Directors Current
Intrepid Museum Foundation, Inc Trustee Current
The Overseer Trustee Current
Beth Israel Deaconess Medical Center Trustee Current
The Fisher Center for Alzheimer's Research Foundation Co-President and Co-CEO of Century Bank Former
Century Bank Co-Chief Operating Officer Former
Century Bank Executive Vice President Former
Priest & Co Ltd Managing Director Former
Sbera Assoc Former
Harvard University Mpa Degrees Former
Harvard University BA Former

Dr. Koshland has been a director of our company since November 2007. Dr. Koshland has been the Vice-Provost of Academic Planning and Facilities at the University of California, Berkeley since April 2004, a Professor of Environmental Health Sciences in the School of Public Health and a Professor in the Energy and Resources Group since 1997 and the Wood-Calvert Professor in Engineering since 1995. She joined the Berkeley faculty in 1984. Dr. Koshland served as Chair and Vice-Chair of the Berkeley Division, Academic Senate from 2002 to 2003 and from 2001 to 2002, respectively. From 1994 to 2006, Dr. Koshland was a director of the Combustion Institute. Since 2001, Dr. Koshland has served as a member of the Integrated Human Exposure Committee of the EPA’s Science Advisory Board. From 1998 to 2002, Dr. Koshland served on the California Air Resources Board Research Screening Committee and currently serves as Associate Director of the University of California, Berkeley Superfund Basic Research Program. Dr. Koshland has been a member of the Board of Managers of Haverford College since 1994, serving as Vice-Chair from 1999 to 2005 and Co-Chair since 2005. Dr. Koshland serves on the Board of Directors of the UC Berkeley Faculty Club and the Board of Trustees of the University of California, Berkeley Art Museum and Pacific Film Archive.

Organization Position Status
BGC Partners, Inc. Director of Espeed, Inc Current
BGC Partners L.P. Board of Directors Current
University of California Board of Directors Current
BGC Partners, Inc. Board of Directors Current
The Combustion Institute Director Former

Organization Position Status
BGC Partners L.P. Director Current

John H. Dalton has served as a member of our Board of Directors since September 2000. Since 2005, he has been President of the Housing Policy Council of The Financial Services Roundtable. From September 2000 to December 2004, Mr. Dalton served as our President. He was appointed Secretary of the Navy by President Clinton in 1993 and served in that capacity until 1998. Mr. Dalton was nominated by President Carter to be President of the Government National Mortgage Association and to the Federal Home Loan Bank Board, where he served as Chairman. He is a member of the boards of directors of Fresh Del Monte Produce Inc. and eSpeed Inc. Mr. Dalton graduated with distinction from the United States Naval Academy and holds an M.B.A. from the Wharton School of Finance and Commerce of the University of Pennsylvania.

Organization Position Status
IPG Photonics Corporation President Current
The Financial Services Roundtable President Current
Breeze Eastern Current
Northstar Financial Services, Inc Board of Directors Current
Emissions Trading Board of Directors Current
Washingtonfirst Bank Board of Directors Current
Speed Corporation Board of Directors Current
Fresh Del Monte Produce Inc. Director Current
BGC Partners, Inc. Board of Directors Current
BGC Partners L.P. Board of Directors Current
IPG Photonics Corporation Board of Directors Current
Washingtonfirst Bank Chairman of the Founders Board, the Financial Services Roundtable Former
The Financial Services Roundtable Director of the Housing Policy Council Former
Breeze-Eastern Corporation Chair of Board Former
Federal Home Loan Bank Chairman Former

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