Bernard L. Schwartz
Encyclopedia
Bernard Leon Schwartz was the Chairman of the Board
and CEO
of Loral Space & Communications
, Chairman and CEO of K&F Industries, Inc., Chairman and CEO of Loral Corp., and president and CEO of Globalstar
. He retired from Loral and his positions at its various subsidiaries and affiliates as of March 1, 2006. He is currently the Chairman and CEO of BLS Investments, his own investment firm located in Manhattan
.
Schwartz grew up in the Bensonhurst neighborhood of Brooklyn. He is a World War II
veteran and life-long Democrat. According to NBC
News, from 1992 to 1996 he was the largest single contributor to the Democratic Party. In 1997 he celebrated his 71st birthday with Bill
and Hillary Clinton
at the White House
. Schwartz became embroiled in a controversial transfer of missile technology to China
, but was exonerated of any wrongdoing after a Justice Department investigation.
Prior to his involvement with Loral, Schwartz was an accountant
on Wall Street
.
Schwartz holds a B.S.
in finance
and an honorary
doctorate
of science from City University of New York
. A lifelong believer in effective communication as a prerequisite for success in business, Schwartz founded the Bernard L. Schwartz Communication Institute
, at Baruch College
of the City University of New York
.
Schwartz has or had leadership positions in the following organizations:
Chair (official)
The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...
and CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Loral Space & Communications
Loral Space & Communications
Loral Space & Communications Inc. is a satellite communications company headed by Michael B. Targoff and incorporated in Delaware. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin...
, Chairman and CEO of K&F Industries, Inc., Chairman and CEO of Loral Corp., and president and CEO of Globalstar
Globalstar
Globalstar is a low Earth orbit satellite constellation for satellite phone and low-speed data communications, somewhat similar to the Iridium satellite constellation and Orbcomm satellite systems.-History:...
. He retired from Loral and his positions at its various subsidiaries and affiliates as of March 1, 2006. He is currently the Chairman and CEO of BLS Investments, his own investment firm located in Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...
.
Schwartz grew up in the Bensonhurst neighborhood of Brooklyn. He is a World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
veteran and life-long Democrat. According to NBC
NBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...
News, from 1992 to 1996 he was the largest single contributor to the Democratic Party. In 1997 he celebrated his 71st birthday with Bill
Bill Clinton
William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...
and Hillary Clinton
Hillary Rodham Clinton
Hillary Diane Rodham Clinton is the 67th United States Secretary of State, serving in the administration of President Barack Obama. She was a United States Senator for New York from 2001 to 2009. As the wife of the 42nd President of the United States, Bill Clinton, she was the First Lady of the...
at the White House
White House
The White House is the official residence and principal workplace of the president of the United States. Located at 1600 Pennsylvania Avenue NW in Washington, D.C., the house was designed by Irish-born James Hoban, and built between 1792 and 1800 of white-painted Aquia sandstone in the Neoclassical...
. Schwartz became embroiled in a controversial transfer of missile technology to China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
, but was exonerated of any wrongdoing after a Justice Department investigation.
Prior to his involvement with Loral, Schwartz was an accountant
Accountant
An accountant is a practitioner of accountancy or accounting , which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and others make decisions about allocating resources.The Big Four auditors are the largest...
on Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...
.
Schwartz holds a B.S.
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...
in finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
and an honorary
Honorary degree
An honorary degree or a degree honoris causa is an academic degree for which a university has waived the usual requirements, such as matriculation, residence, study, and the passing of examinations...
doctorate
Doctorate
A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder to teach in a specific field, A doctorate is an academic degree or professional degree that in most countries refers to a class of degrees which qualify the holder...
of science from City University of New York
City University of New York
The City University of New York is the public university system of New York City, with its administrative offices in Yorkville in Manhattan. It is the largest urban university in the United States, consisting of 23 institutions: 11 senior colleges, six community colleges, the William E...
. A lifelong believer in effective communication as a prerequisite for success in business, Schwartz founded the Bernard L. Schwartz Communication Institute
Bernard L. Schwartz Communication Institute
Institute at Baruch College founded with the support of Bernard L. Schwartz in 1997 and dedicated to helping faculty integrate communication-intensive activities into course curricula. Sponsors an annual Symposium on Communication and Communication-Intensive Instruction. Operates under the office...
, at Baruch College
Baruch College
Bernard M. Baruch College, more commonly known as Baruch College, is a constituent college of the City University of New York, located in the Flatiron district of Manhattan, New York City. With an acceptance rate of just 23%, Baruch is among the most competitive and diverse colleges in the nation...
of the City University of New York
City University of New York
The City University of New York is the public university system of New York City, with its administrative offices in Yorkville in Manhattan. It is the largest urban university in the United States, consisting of 23 institutions: 11 senior colleges, six community colleges, the William E...
.
Schwartz has or had leadership positions in the following organizations:
- Industry
- Loral Space & CommunicationsLoral Space & CommunicationsLoral Space & Communications Inc. is a satellite communications company headed by Michael B. Targoff and incorporated in Delaware. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin...
: Chairman of the BoardChair (official)The chairman is the highest officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an...
and CEOChief executive officerA chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
. - K&F Industries: chairman of the board.
- Satelites Mexicanos, S.A. (Satmex): member of the board of directors.
- Loral Space & Communications
- Academia
- Fordham UniversityFordham UniversityFordham University is a private, nonprofit, coeducational research university in the United States, with three campuses in and around New York City. It was founded by the Roman Catholic Diocese of New York in 1841 as St...
: Benefactor of the Bernard L. Schwartz Center for Media, Education, & Public Policy, directed by Dr. William F. Baker. - New School University: trustee.
- Eugene Lang College: vice chairman of the board of governors.
- Johns Hopkins UniversityJohns Hopkins UniversityThe Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...
Paul H. Nitze School of Advanced International StudiesPaul H. Nitze School of Advanced International StudiesThe Paul H. Nitze School of Advanced International Studies , a division of Johns Hopkins University based in Washington, D.C., is one of the world's leading and most prestigious graduate schools devoted to the study of international affairs, economics, diplomacy, and policy research and...
(SAIS): member of Advisory Council. - Baruch CollegeBaruch CollegeBernard M. Baruch College, more commonly known as Baruch College, is a constituent college of the City University of New York, located in the Flatiron district of Manhattan, New York City. With an acceptance rate of just 23%, Baruch is among the most competitive and diverse colleges in the nation...
Communication Institute: trustee of the Baruch College Fund. - New York UniversityNew York UniversityNew York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...
Hospitals Center: trustee. - Thirteen/WNETWNETWNET, channel 13 is a non-commercial educational public television station licensed to Newark, New Jersey. With its signal covering the New York metropolitan area, WNET is a primary station of the Public Broadcasting Service and a primary provider of PBS programming...
Educational Broadcasting Corporation: trustee.
- Fordham University
- Public policy institutes / think tanks
- New America FoundationNew America FoundationThe New America Foundation is a non-profit public policy institute and think tank with offices in Washington, D.C. and Sacramento, CA. It was founded in 1999 by Ted Halstead, Sherle Schwenninger, Michael Lind and Walter Russell Mead....
: member of the board of directors. The foundation offers fellowships in his name. - Council on Foreign RelationsCouncil on Foreign RelationsThe Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
: member of the council. - Democratic Leadership CouncilDemocratic Leadership CouncilThe Democratic Leadership Council was a non-profit 501 corporation that, upon its formation, argued the United States Democratic Party should shift away from the leftward turn it took in the late 1960s, 1970s, and 1980s...
: trustee.- Blueprint Magazine: chairman of the editorial board.
- City YearCity YearCity Year is an education-focused nonprofit organization that partners with public schools to provide full-time targeted intervention keeping students in school and on track to graduate...
: founding member. - Third Way: trustee.
- New America Foundation
- Culture
- New-York Historical SocietyNew-York Historical SocietyThe New-York Historical Society is an American history museum and library located in New York City at the corner of 77th Street and Central Park West in Manhattan. Founded in 1804 as New York's first museum, the New-York Historical Society presents exhibitions, public programs and research that...
: member of the board. - New York Film Society: vice chairman.
- New-York Historical Society