logo  
  Nassau County Interim Finance Authority
   
NIFA Reports Contact NIFA Calendar of Events Search Links
About NIFA Press Releases NIFA Debt Site Map RFP

NIFA Directors

The Authority is governed by a board of seven directors, each appointed by the Governor, one each upon the recommendation of the Majority Leader of the State Senate, the Speaker of the Assembly and the State Comptroller. Four directors constitute a quorum for meetings of the directors of the Authority. The Governor also designates the chairperson and vice-chairperson from among the directors.

Paul Annunziato - Director

Paul Annunziato is a First Vice President Financial Advisor with Morgan Stanley in Jericho, New York. He has worked in The Financial Services Industry for more than 20 years. Working within the Private Client Division, Paul and his Team manage a Family Office offering Financial Planning solutions to high net worth families in the New York Area. Prior to joining Morgan Stanley in July of 2008, Paul and his Team worked at Merrill Lynch for 15 years. In addition to his Federal Securities Licenses (series 7, 31, 63, 65) and state insurance licenses, Paul has obtained his CFP and CRPC designations from the College For Financial Planning, his CFM from the Donald T Regan School of Advanced Financial Management as well as his International Wealth Management Designation. Paul is a graduate of Rochester Institute of Technology with a B.S. from College of Business. Paul also completed an International Business Degree from Sheffield Polytechnic in the United Kingdom.

Paul has previous served on the Nassau County Sewer and Storm Water Authority from 2003 - 2005. He remains active with the Nassau County Firefighter’s Museum and Education Center as a Founding Trustee. Paul Annunziato remains committed to various local Charities and Organizations such as Chaminade High School, Boys and Girls Club, Knights of Columbus, Chamber Players International, Order Sons of Italy in America, Coast Guard Auxiliary, and The American Cancer Society to name a few.

Mr. Annunziato was appointed to the Nassau County Interim Finance Authority by Governor Andrew Cuomo on September 17, 2013. His term will expire on December 31, 2014.


John R. Buran - Director

John R. Buran is Director, President and Chief Executive Officer of Flushing Financial Corporation the holding company for Flushing Bank. He joined the company and the bank in 2001 as Chief Operating Officer and he became a Director of these entities in 2003. In 2005, he was named President and Chief Executive Officer of Flushing Savings Bank (now Flushing Bank) and Flushing Financial Corporation.

Mr. Buran’s career spans more than 35 years in the banking industry, beginning with Citibank in 1977. There, he held a variety of management positions. Mr. Buran left Citibank to become Senior Vice President, Division Head for Retail Services of NatWest Bank and later Executive Vice President of Fleet Bank’s (now Bank of America) retail branch system in New York City, Long Island, Westchester and Southern Connecticut. John also spent time as a consultant and Assistant to the President of Carver Bank.

Buran has been a Director of the Federal Home Loan Bank of New York (FHLBNY) since 2010 and serves on their Audit and Affordable Housing Committees. He is also Chairman of FHLBNY Risk Task Force. John also serves on the Advisory Board and is a former Board President of Neighborhood Housing Services of New York City. He is past Chairman and current board member of the New York Bankers Association as well as a Director of New York Bankers Service Corporation. In 2011, he was appointed to the Community Depository Institutions Advisory Council of The Federal Reserve Bank of New York.

John holds a B.S. in Management and an M.B.A., both from New York University.

Mr. Buran was appointed to the Nassau County Interim Finance Authority by Governor Andrew Cuomo on August 8, 2012. His term will expire on December 31, 2014.


Paul J. Leventhal - Director

Mr. Leventhal is President of the accounting firm of Leventhal and Company, CPAs PC. The firm represents Corporate and Individual clients in the areas of accounting, taxation, and management advisory services. The firm has offices in Roslyn, New York. Mr. Leventhal is Vice President of Leventhal Financial Services, Inc. which provides financial and management services to clients in the entertainment, sports, and real estate industries.

Mr. Leventhal served previously as a member of the Board of Directors of the Nassau Interim Finance Authority (2006 to 2010); Chairman Governance Committee (2008 to 2010).

Mr. Leventhal also served as Chairman of the Nassau County Comptroller’s Audit Advisory Committee (2010 to 2014).

Director, Board of Directors, Nassau Health & Hospital Corporation (2012 to 2014); Chairman Legal & Audit Committee (2012 to 2014); Chairman Finance Committee (2012 to 2014); Member, Presidential Search Committee (2013 to 2014)

Member of the Nassau Community College Board of Trustees from 1999 to 2006, as an officer of the Board from 2000 to 2006, as the vice chair of its finance committee in 2006 and as the Chairman of its enrollment committee in 2006.

Mr. Leventhal graduated from Ithaca College in 1971 with a Bachelor of Science in Political Science, and graduated from New York University Graduate School of Business Administration in 1973 with a Master of Science in Accounting. Mr. Leventhal is a member of the American Institute of Certified Public Accountants, and has been practicing Accounting for more than 40 years.

Mr. Leventhal was appointed to the Nassau County Interim Finance Authority by Governor Andrew Cuomo upon the recommendation of the Majority Leader of the Senate on January 31, 2014. His term will expire on December 31, 2017.

LESTER PETRACCA

As President of Triangle Equities, Lester Petracca has transformed a family owned business, which began in 1916 as a specialized construction firm, into a thriving, successful, full-service real estate company.

Triangle Equities opened its doors in 1992, specializing in public/private partnerships developing real estate throughout New York. These successful projects include the recent development of Triangle Junction, a 300,000 square foot Target anchored center in the heart of Brooklyn, contributing to the revitalization of the Flatbush Avenue retail corridor. Additionally, Triangle had previously worked in the City and local community groups to bring both triangle Plaza and Triangle Center to the Queens neighborhood of College Point, creating retail and entertainment projects that were also catalysts for revitalization. Triangle also worked with the city to create The Petracca Headquarters, an office building housing the Department of Motor Vehicles and an Extended Stay Hotel, all within the College Point Corporate Park. These are just a few of Triangle Equities’ projects which illustrate the success of working hand in hand with public entities and community groups. Triangle continues to create, own, manage and operate quality developments throughout the New York Metropolitan area.

Mr. Petracca prides himself in working closely with the communities and has successfully built a business based on sincerity, respect and loyalty. Triangle has consistently grown with Mr. Petracca’s leadership that initiates hard work and dedication.

Mr. Petracca was appointed to the Nassau County Interim Finance Authority by Governor Andrew Cuomo on September 18, 2013. His term will expire on December 31, 2016.

Dermond Thomas - Director

Dermond Thomas serves as Director, Corporate Counsel of MSC Industrial Direct Co., Inc. Mr. Thomas has been a corporate transactional lawyer for over 10 years and has worked for Arnold & Porter LLP and Fried, Frank, Harris, Shriver & Jacobson LLP.
Mr. Thomas has represented sovereign nations, companies and individuals in complex U.S. and foreign transactions, including securities offerings and mergers and acquisitions. He also serves as a Trustee on the Board of Trustees of the Village of Valley Stream.

Mr. Thomas received his Juris Doctor from Columbia University School of Law and his Bachelor of Arts in Economics from Amherst College.

Mr. Thomas was appointed to the NIFA Board by Governor Cuomo upon the recommendation from the Speaker of the State Assembly on August 17, 2011. His current term expires on December 31, 2013.


Christopher P. Wright - Director

Chris Wright, from Protiviti's New York office, is the firm-wide Managing Director of the firm’s Finance Remediation and Reporting Compliance group. Chris is also the Regional Managing Director for Protiviti's Eastern United States region and for Protiviti’s Litigation, Restructuring and Investigation Services practice. He has over twenty years experience serving clients as an internal and external auditor, including 6 years as a partner at two global accounting firms (Arthur Andersen and KPMG). At Protiviti, Chris has provided internal audit out-sourcing and co-sourcing, Sarbanes-Oxley readiness and compliance services, and significant assistance to companies experiencing restatements, regulatory inquiries, stock compensation investigations and difficulties in implementing new accounting pronouncements. Chris earned his Bachelor of Science degree with a major in Accounting from Franciscan University.

At Protiviti, Chris has provided internal audit out-sourcing and co-sourcing, Sarbanes-Oxley readiness and compliance services, and significant assistance to companies experiencing restatements, regulatory inquiries, stock compensation investigations and difficulties in implementing new accounting pronouncements. Chris earned his Bachelor of Science degree with a major in Accounting from Franciscan University.

Chris serves on the boards of several charitable, civic, educational and business organizations on Long Island. His work in Finance Remediation has also involved a significant commitment to public speaking and the development and delivery of internal and external training.

Mr. Wright was appointed to the NIFA Board by Governor Spitzer upon the recommendation from NYS Comptroller DiNapoli on September 24, 2007. He was re-appointed, again on the recommendation of Comptroller DiNapoli, by Governor Paterson on June 15, 2010. His current term expires on December 31, 2013.

NIFA STAFF

Evan Cohen - Executive Director

Evan L. Cohen serves as Executive Director. He has approximately 20 years of financial management experience dealing with governments, including 7 years previously as Deputy Director of the Nassau County Interim Finance Authority and 10 years as Assistant Deputy Director of the New York State Financial Control Board for the City of New York. Previously, he worked for 5 years at Grumman Corporation. Mr. Cohen earned a BE in Electrical Engineering and an MBA in Finance.

Maria Kwiatkowski - Deputy Director

Maria Kwiatkowski serves as Deputy Director. She has extensive government service that includes leading development of performance management for Nassau County, Budget Director for the University of DC, and Program Manager of the Budget Award Program at the national GFOA. Ms. Kwiatkowski holds a PhD in the Psychology of Performance from the University of Tennessee

Jeremy Wise - General Counsel

Jeremy Wise serves as General Counsel and Chief Borrowing Officer. Mr. Wise has been admitted to the practice of law in New York State since 1978. The majority of his legal career has been spent working in the area of public finance.

Laurie Boucher - Corporate Secretary & Chief Administrator

Mission Statement and Performance Measurement Report

Contact NIFA   NIFA Home