Chairman and Chief Executive Officer
Howard W. Lutnick is Chairman and CEO of Cantor Fitzgerald, L.P., one of the world’s leading financial services firms; Chairman and CEO of global brokerage and financial technology company BGC Group, Inc.; and Chairman of Newmark Group, Inc., a world leader in commercial real estate services.
Mr. Lutnick joined Cantor Fitzgerald in 1983 and rose rapidly through the ranks to be appointed President and CEO in 1991. Five years later he was named Chairman. In 2004, Cantor Fitzgerald separated out its voice brokerage business to create BGC Partners L.P. In 2008, Mr. Lutnick led the merger of BGC and eSpeed, forming BGC Partners, Inc.
Following the tragic losses suffered on September 11, 2001, Mr. Lutnick rebuilt the firm, as well as dedicated himself to supporting the survivors and their families. In the days after the attack, he launched The Cantor Fitzgerald Relief Fund, with a personal donation of $1 million, to provide aid and relief to victims of natural disasters and other emergencies.
Since 9/11, Mr. Lutnick has been recognized as a symbol of resilience, and his story has been widely covered by top financial publications. Mr. Lutnick was named The Financial Times’ Person of the Year in 2001 and Ernst & Young’s United States Entrepreneur of the Year in 2010. In 2023, Mr. Lutnick celebrated his 40th anniversary at the Firm, making him one of the longest-standing CEOs on Wall Street.
Mr. Lutnick is a member of the Board of Directors of the National September 11 Memorial & Museum; the Partnership for New York City; the Horace Mann School; and the Board of Overseers of the Hoover Institution. Mr. Lutnick is a recipient of the highest honor granted to non-military personnel by the Navy: the Department of the Navy’s Distinguished Public Service Award.
Mr. Lutnick is a graduate of Haverford College and holds a degree in economics.
Executive Managing Director, General Counsel
Stephen Merkel is Executive Managing Director, General Counsel and Secretary of Cantor Fitzgerald, L.P. He joined the firm in 1993 and oversees all legal and compliance globally for the firm. He is also Executive Vice-President, General Counsel and Secretary of BGC Group, Inc. Previously, he was the Director, Senior Vice-President, General Counsel and Secretary of eSpeed.
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.
Senior Managing Director, Chief Financial Officer
Danny Salinas is a Senior Managing Director and Chief Financial Officer of Cantor Fitzgerald. As Chief Financial Officer, Mr. Salinas is responsible for financial operations, including accounting, finance, regulatory reporting, treasury, financial planning and analysis, as well as taxation, risk management, and investor relations.
Mr. Salinas is a seasoned veteran with over twenty years of experience. Prior to joining Cantor, Mr. Salinas held various executive positions for over a decade at TD Bank Group, including most recently as a Chief Financial Officer in TD Securities. Mr. Salinas also practiced as a tax attorney at Simpson, Thacher & Bartlett, where he advised on strategic corporate transactions, and began his career at Deloitte & Touche, where he received his CPA.
Mr. Salinas holds a J.D. from Georgetown University, where he graduated Magna Cum Laude, and a B.S. in accounting from Rutgers University.
Senior Managing Director, Chief Operating Officer
Mark Kaplan is a Senior Managing Director and Global Chief Operating Officer of Cantor Fitzgerald & Co. In that role he assists senior management in running the day-to-day operations of the firm.
Mr. Kaplan joined Cantor Fitzgerald in 2018. Previously, he spent 10 years as Chief Operating Officer for Société Générale in the Americas, where he was responsible for managing its regional operations, including the IT, operations, finance, product control, operational risk, IT security, business continuity planning, sourcing, and real estate departments. In that role, Mr. Kaplan helped develop and build many of Société Générale’s business initiatives, complete several significant mergers and acquisitions, and lead several regional strategic initiatives.
Prior to that position, Mr. Kaplan was the General Counsel for Société Générale for the Americas from 2001 to 2007, leading its legal and compliance departments. Before joining Société Générale, he was General Counsel for CIBC World Markets Corp.’s U.S. operations, and previously served as the Director of Litigation at Oppenheimer & Co., Inc.
Mr. Kaplan holds a B.A. from Bucknell University, where he graduated magna cum laude and Phi Beta Kappa, and a J.D. from Columbia University Law School.
Senior Managing Director, Global Head of Fixed Income
James Buccola is Head of Fixed Income at Cantor Fitzgerald & Co. He leads all fixed income sales and trading globally, as well as heads the investment committee for parts of Cantor Fitzgerald Asset Management.
Mr. Buccola joined Cantor Fitzgerald in 2017. Previously, he was Head of Securitized Products Trading at Credit Suisse Group AG. Prior to that, he served as Credit Suisse’s Head of Non-Governmental Guaranteed Trading, and also as its Head of Residential Mortgage Trading.
Mr. Buccola holds a B.S. in finance from Lehigh University’s College of Business & Economics.
Senior Managing Director, Global Head of Human Resources and Chief Employment Counsel, the Americas
Lori Pennay is a Senior Managing Director and Global Head of Human Resources and Chief Employment Counsel for the Americas for Cantor Fitzgerald, L.P., overseeing all Human Resources functions globally, and employment law in the Americas, for the firm.
Previously, Ms. Pennay served as a Vice President and Assistant General Counsel, providing legal advice and representation to Cantor and BGC Group with respect to employment and partnership matters. Before this, Ms. Pennay worked as Employment Counsel for Credit Suisse Securities (USA), LLC, where she was primarily responsible for providing legal advice and representation for the private banking and certain back-office divisions. She began her career as an employment lawyer with the law firm of Akin Gump Strauss Hauer & Feld, LLP.
Ms. Pennay holds a B.A. from Pennsylvania State University with high distinction honors and a J.D. from the University of Pennsylvania Law School.
Senior Managing Director, Global Head of Investment Banking
Sage Kelly is a Senior Managing Director and Global Head of Investment Banking at Cantor Fitzgerald & Co.
Mr. Kelly has 30 years of experience in investment banking. Prior to joining Cantor, he served as the Head of Healthcare Investment Banking at Jefferies from 2009 to 2015. Before that, Mr. Kelly was a Managing Director at UBS, where he worked from 1999 to 2009, and at Citibank in the Healthcare Investment Banking Group from 1994 to 1999.
Mr. Kelly also spent three years working in the biotechnology industry for Genetics Institute.
Mr. Kelly is a graduate of Boston College and holds a bachelor’s degree in finance, economics, and chemistry.
Senior Managing Director, Global Head of Equities
Pascal Bandelier is a Senior Managing Director and Global Head of Equities at Cantor Fitzgerald & Co.
Mr. Bandelier joined Cantor in 2017. Previously, he was the Head of Equity Execution Trading at Barclays from 2013 to 2017, where he was responsible for the trading, sales trading, desk analyst, and low-touch electronic businesses. Before that, he was Head of TMT Cash Equity Trading at Morgan Stanley, and Head of Cash Equity Trading & Risk at Nomura, where he grew the business from 67th to 10th in market share in less than one year.
From 2001 to 2010, Mr. Bandelier worked at Lehman Brothers/Barclays, starting his career as a Cash Equity Trader and later joining Barclays in the merger as the Managing Director, Head of TMT Cash Equity Trading & Co-Head of Equity Risk.
Mr. Bandelier is a graduate of Northwestern University and holds a bachelor’s degree in economics.
Senior Managing Director, Chief Marketing and Communications Officer
Jason Angrisani is the Chief Marketing and Communications Officer for Cantor Fitzgerald, L.P. He is responsible for developing integrated marketing and communications strategies for Cantor and its affiliates, that enhance brand equity and exposure, increase engagement with key audiences, and drive results.
With over 20 years’ experience, Mr. Angrisani has a proven track record of building successful multi-disciplined marketing teams, differentiating global brands, developing revenue-generating marketing programs, and leading firms through data-driven transformations.
He utilizes his detail-oriented and growth-focused mindset to help organizations leverage data and technology more effectively to improve the value of their marketing efforts.
Prior to joining Cantor Fitzgerald, Mr. Angrisani was the Global Chief Marketing Officer for Bloomberg, L.P., where he led a multi-disciplined marketing team in support of all Bloomberg business divisions.
Earlier in his career, he held multiple leadership roles at Ogilvy & Mather in support of the IBM brand. Mr. Angrisani began his professional career working for IBM in its Corporate Communications division focusing on external media relations.
Mr. Angrisani is a graduate of the University of Delaware and holds a B.A. in communications.
Chief Administrative Officer
Paul M. Pion is Chief Administrative Officer and Senior Managing Director of Cantor Fitzgerald & Co. Mr. Pion oversees a range of functions, most notably client management, cost control, procurement, and vendor management. Other responsibilities include business continuity planning, facilities, and insurance. He is also Chief Administrative Officer of Cantor Fitzgerald Asset Management.
Mr. Pion previously held numerous positions for Cantor including Global Director of Internal Audit from 2002 to 2010. Mr. Pion has served as a director of Tower Bridge GP Limited, since 2010, BGC European GP Limited, since 2012, and was a director of BGC Brokers GP Limited, from 2012 until 2019. Mr. Pion also served as Chief Executive Officer of Tower Bridge International Services, L.P., where he was responsible for the back-office functions for all of Cantor’s UK-based businesses.
Prior to joining Cantor, Mr. Pion served for approximately 14 years with accountants Deloitte & Touche.
Mr. Pion holds Series 7 and 27 licenses and is a Certified Public Accountant in the State of New York. He is a graduate of the State University of New York at Albany and holds a B.S. in accounting.
Executive Managing Director & General Counsel, Financial Services, Americas
John J. Jones is Executive Managing Director & General Counsel, Financial Services, Americas.
Mr. Jones joined the firm in 2008 and oversees corporate legal matters for the organization for the United States and the rest of the Americas.
Prior to joining Cantor Fitzgerald, Mr. Jones served as a senior executive, general counsel, and board member with many public and private companies. In these roles, he gained experience across a number of industries, including hospitality and gaming, healthcare services, telecommunications, technology, and manufacturing. He began his career at Skadden, Arps, Slate, Meagher & Flom.
Mr. Jones graduated Summa Cum Laude from Boston University School of Law, has a B.S. from Cornell University, and attended Harvard Business School.