Alexandra Lebenthal
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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.


Early life and education

Lebenthal was born to a
Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...
family. Her father is James A. Lebenthal. Her grandparents, Louis and
Sayra Fischer Lebenthal Sayra I. Fischer Lebenthal (October 17, 1898 – March 18, 1994) was a municipal bond dealer/broker and investment banker in New York City. In 1925, at the age of 27, she co-founded municipal bond brokerage firm Lebenthal & Company in Manhattan ...
, founded Lebenthal & Company in 1925. Lebenthal graduated with an A.B in history from
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
in 1986 after graduating from the
Nightingale-Bamford School The Nightingale-Bamford School is an independent all-female university-preparatory school founded in 1920 by Frances Nicolau Nightingale and Maya Stevens Bamford. Located in Manhattan on the Upper East Side, Nightingale-Bamford is a member ...
.


Career

Lebenthal started her career in municipal bond investing at
Kidder, Peabody & Company Kidder, Peabody & Co. was an American securities firm, established in Massachusetts in 1865. The firm's operations included investment banking, brokerage, and trading. The firm was sold to General Electric in 1986. Following heavy losses, it was ...
. 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. In 2001, Lebenthal & Company was sold to AdVest, which was later acquired by
Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated, doing business as Merrill, and previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investm ...
. In 2007, Lebenthal regained the rights to the name for a reported sum of $1,000. In 1999, Lebenthal was named one of New York's 100 most influential women by Crain's New York Business. In 2012, ''
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fate * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (19 ...
'' called Alexandra Lebenthal "The new queen of Wall Street." She has also been named one of the top 50 Women in Wealth Management by Wealth Manager Magazine. Lebenthal authored a novel entitled ''Recessionistas'' in 2013. She stepped down as CEO in 2017, and her brother James, chief of asset management, left as well. In 2017,
James Cayne James E. "Jimmy" Cayne (February 14, 1934 – December 28, 2021) was an American businessman and CEO of Bear Stearns. In 2006, he became the first Wall Street chief to own a company stake worth more than $1 billion, but he lost most of that in t ...
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.


Boards and philanthropy

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. She also co-founded The Women's Executive Circle, a women's mentorship program. Lebenthal is a board member of Savvy Ladies, "a non-profit organization that provides financial literacy education and resources for women."


Personal life

Lebenthal married Jay Diamond and has three children: Ellie, Charlotte, and Ben. She is a member of
Kappa Beta Phi Kappa Beta Phi () is a secret society with at least one surviving chapter, based on Wall Street in New York City, that is made up of high-ranking financial executives. The purpose of the organization today is largely social and honorific. The curr ...
.


References


External links


Alexandra Lebenthal
at lebenthal.com Living people Writers from Manhattan Novelists from New York City American women chief executives 21st-century American novelists Jewish American novelists 1964 births Princeton University alumni Businesspeople from New York City American chief executives of financial services companies 21st-century American women writers Nightingale-Bamford School alumni 21st-century American Jews {{US-business-bio-1960s-stub