About Us

Howard W. Lutnick, Chairman & CEO, leads Cantor Fitzgerald's highly experienced and respected management team, which continues to keep Cantor at the forefront of the global financial arena through a focus on unparalleled customer service and innovation.

Our Management
Our Management
  • Howard W. Lutnick

    Chairman & Chief Executive Officer

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    Howard W. Lutnick

    Chairman & Chief Executive Officer

    Howard W. Lutnick is Chairman & CEO of Cantor Fitzgerald L.P., one of the world’s leading financial services firms, and Chairman & CEO of BGC Group, Inc., a leading global brokerage and financial technology company. More details about his role at BGC Group can be read here.

    Mr. Lutnick guided the rebuilding of Cantor Fitzgerald following the devastating September 11, 2001, World Trade Center attacks that claimed the lives of 658 of the firm’s 960 New York-based employees. Since then, Cantor has provided over $192 million to help the families of the firm’s employees who were lost on that day. Cantor and its affiliates now have over 12,000 employees globally.

    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; additional media highlights include stories published by The New York Times: “From Devastation to Determination at Cantor Fitzgerald,” on September 10, 2002, and “The Survivor Who Saw the Future for Cantor Fitzgerald,” on September 3, 2011.

    Mr. Lutnick graduated from Haverford College in 1983 with a degree in economics and joined Cantor Fitzgerald the same year. Mr. Lutnick is a member of the Board of Directors of the National September 11 Memorial & Museum, the Board of Directors of the Partnership for New York City, the Board of Directors of the Horace Mann School, and the Board of Overseers of The Hoover Institution. Mr. Lutnick received the Navy’s Distinguished Public Service Award, the highest honor granted by the Navy to non-military personnel. He also was the recipient of the 2016 Lifetime Achievement Award at Haverford. In 2017, Mr. Lutnick was honored by the UJA-Federation with the Gustave L. Levy Award for his generosity and commitment to philanthropy. Mr. Lutnick and his wife Allison have four children.

  • Stephen Merkel

    Executive Managing Director, General Counsel

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    Stephen Merkel

    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.

  • Mark Kaplan

    Senior Managing Director, Chief Operating Officer, Cantor Fitzgerald & Co.

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    Mark Kaplan

    Senior Managing Director, Chief Operating Officer, Cantor Fitzgerald & Co.

    Mark Kaplan is a Senior Managing Director and Chief Operating Officer of Cantor Fitzgerald & Co.

    Mr. Kaplan spent the last 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, BCP, Sourcing and Real Estate departments.  In that role, Mr. Kaplan helped develop and build many of that firm’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, leading its Legal and Compliance departments. Before joining Société Générale, he was the 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.

  • Danny Salinas

    Senior Managing Director, Chief Financial Officer

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    Danny Salinas

    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.

  • James Buccola

    Senior Managing Director, Head of Fixed Income, Cantor Fitzgerald & Co.

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    James Buccola

    Senior Managing Director, Head of Fixed Income, Cantor Fitzgerald & Co.

    Mr. James Buccola is currently the Head of Fixed Income at Cantor Fitzgerald & Co., which he joined in December 2017. In this capacity, Mr. Buccola leads all Fixed Income Sales & Trading globally, as well as oversees CCRE, the Firm’s Commercial Mortgage Securities business.

    Prior to joining Cantor Fitzgerald & Co., Mr. Buccola was the Head of Securitized Products Trading at Credit Suisse Group AG. He previously served as that firm’s Head of Non-Governmental Guaranteed Trading, and, before that, as its Head of Residential Mortgage Trading.

    Mr. Buccola holds a B.S. in Finance from Lehigh University’s College of Business & Economics.

  • Lori Pennay

    Senior Managing Director, Head of Human Resources & Partnership

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    Lori Pennay

    Senior Managing Director, Head of Human Resources & Partnership

    Lori Pennay is a Senior Managing Director and Global Head of Human Resources and Partnership for Cantor Fitzgerald and BGC Group, Inc.  She oversees all human resources, compensation, and partnership administration functions for the firm globally.  Previously, Ms. Pennay served as a Vice-President and Assistant General Counsel, where she provided legal advice and representation to Cantor and BGC with respect to employment and partnership matters.

    Prior to joining Cantor Fitzgerald, Ms. Pennay served 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.

  • Sage Kelly

    Senior Managing Director, Head of Investment Banking

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    Sage Kelly

    Senior Managing Director, Head of Investment Banking

    Sage Kelly is a Senior Managing Director and Head of Investment Banking at Cantor Fitzgerald. Mr. Kelly has over 20 years of experience in investment banking, most recently serving as the Head of Healthcare Investment Banking at Jefferies from 2009 to 2015. Prior to Jefferies, Mr. Kelly served as a Managing Director at UBS where he worked from 1999-2009,  and at Salomon Smith Barney in the Healthcare Investment Banking Group from 1994-1999. Mr. Kelly also spent three years working in the biotechnology industry for the Genetics Institute, where his work and findings were published in Biotech Monthly.

    Mr. Kelly graduated from Boston College with a bachelor’s degree in chemistry, finance, and economics.

  • Pascal Bandelier

    Senior Managing Director, Head of Equities

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    Pascal Bandelier

    Senior Managing Director, Head of Equities

    Pascal Bandelier joined the Cantor Fitzgerald and Co. as Head of Equities, based in New York.

    Pascal Bandelier was the Head of Equity Execution Trading at Barclays, where he was responsible for the trading, sales trading, desk analyst and low-touch electronic businesses during his tenure at Barclays since 2013. Prior to Barclays, Mr. Bandelier 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 Barclays/Lehman Brothers, starting his career as a Cash Equity Trader and joining Barclays in the merger as the Managing Director, Head of TMT Cash Equity Trading & Co-Head of Equity Risk.
     

    Mr. Bandelier graduated from Northwestern University with a Bachelor’s degree in economics.

  • Karen Laureano-Rikardsen

    Senior Managing Director, Chief Communications & Marketing Officer

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    Karen Laureano-Rikardsen

    Senior Managing Director, Chief Communications & Marketing Officer

    Karen Laureano-Rikardsen is the Chief Communications and Marketing Officer for Cantor Fitzgerald, L.P. She oversees the integrated communications and marketing function across the entire organization. She is responsible for raising the profile and visibility of Cantor and its affiliates to help meet core business objectives and to enhance and build brand identity/equity with all key stakeholders.

    Prior to joining Cantor, Ms. Laureano-Rikardsen held various senior communications and marketing roles at financial services firms, including CRT Capital Group, Credit Suisse and Dresdner Kleinwort Wasserstein. At CRT Capital, she spearheaded corporate access to equity and fixed income clients, managed all branding and marketing of multi-sector conferences, as well as media and corporate communications, including distressed and special situations. At Credit Suisse, she was Head of Communications for Global Equities, Latin America, and served as the senior lead on crisis communications management. Earlier in her career, she served as Head of Corporate and External Affairs at Dresdner Kleinwort Wasserstein, where she developed and implemented its North America communications strategy. Ms. Laureano-Rikardsen earned a Bachelor’s Degree in International Affairs from the University of Maryland UC in Schwäbisch Gmünd Germany.

  • Paul M. Pion

    Chief Administrative Officer

    Paul M. Pion has served as Chief Administrative Officer and Senior Managing Director of Cantor Fitzgerald & Co. (“Cantor”) since August 2010. In this position, 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. In addition, he is the Treasurer of the Cantor Fitzgerald Relief Fund.

    Additionally, since 2011, Mr. Pion has served as Chief Executive Officer of Tower Bridge International Services LP, responsible for the back-office functions for all Cantor UK-based businesses.

    Mr. Pion previously served in numerous positions for Cantor including Global Director of Internal Audit from 2002 to 2010. Mr. Pion has been a director of Tower Bridge GP Limited since November 2010, BGC European GP Limited since January 2012 and was a director of BGC Brokers GP Limited from April 2012 until December 2019. Prior to joining Cantor, Mr. Pion served for approximately 14 years with the accounting firm Deloitte & Touche, most recently as an Audit and Assurance partner focusing on financial services clients. Mr. Pion holds Series 7 and 27 licenses and is a Certified Public Accountant in the State of New York. He received a B.S. in Accounting from the State University of New York at Albany.

  • John Jones

    Executive Managing Director & General Counsel, Financial Services, Americas

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    John Jones

    Executive Managing Director & General Counsel, Financial Services, Americas

    John J. Jones is Executive Managing Director & General Counsel, Financial Services, Americas. He joined the firm in 2008 and oversees corporate legal matters for the organization, including in 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 various industries, including hospitality & gaming, healthcare services, telecommunications, technology & manufacturing. He began his career at Skadden, Arps, Slate, Meagher & Flom.

    Mr. Jones graduated summa cum laude from Boston University School of Law, graduated with a B.S. from Cornell University, and attended Harvard Business School.