Thomas F. Egan
Thomas F. Egan is a private investor and business consultant. Prior to his retirement from Citigroup Global Markets, Mr. Egan spent thirty-five years in the securities industry as a lawyer and a banker. He joined Smith Barney (later acquired by Citi) in 1995 and specialized in transportation and infrastructure new issue and refunding transactions aggregating more than $20 billion; the firm was ranked number 1 in the public finance industry for 12 years. Previously, Mr. Egan was a principal in Langdon P. Cook & Company, Inc., where he co-founded the firm’s public finance investment banking department. Earlier in his career he was an attorney in private practice specializing in securities law and the Investment Company Act of 1940. He was a staff attorney with the US Securities and Exchange Commission from 1974 to 1978.
Mr. Egan was Chairman of the Board of Trustees of the State University of New York from 1996 to 2007. During his tenure as Chairman, 36 new college Presidents were appointed and over 2,800 capital projects were undertaken creating new classrooms and laboratories, new and rehabilitated dormitories, and electronically linked state of the art libraries. The University’s annual all funds budget increased from $4.2 billion to over $10 billion benefitting SUNY’s 427,000 students. Systemwide yearly enrollment increased by more than 60,000 students and SUNY’s annual research grants doubled from $455 million to almost $1 billion.
From 1985 to 1992, Mr. Egan served on the Board of Directors of the Metropolitan Transportation Authority, overseeing the New York City transit system and the commuter railroads. He served as Chair of the Metro North Railroad Committee. He also served on the New York City Traffic Congestion Commission created by the State Legislature to study Mayor Bloomberg’s traffic mitigation plan.
For over 20 years, Mr. Egan served as a Trustee of United Hospital Medical Center. He previously served as a Trustee of Marymount College and was a Vice Chairman of the Buick Classic Golf Tournament at the Westchester Country Club, a PGA Tour event benefiting thirteen hospitals in the New York metropolitan area. He currently serves as a board member of Incarnation Children’s Center, a skilled nursing facility in Manhattan for children born with AIDS.
Mr. Egan received a Bachelor of Arts degree from the College of the Holy Cross in 1971 and a Juris Doctor degree from Fordham University School of Law in 1974. He has earned advanced credits in business and management from the New York University Stern School of Business.
Mr. Egan is a lifelong resident of New York State, having been a member of the Port Chester Village Planning Commission, and is currently active in civic affairs in the City of Rye. He has been recognized by a number of organizations such as Sheltering Arms for Children in Manhattan, the Elinor Martin Pregnancy Care Center in New Rochelle, New York United Hospital in Port Chester and the Association of New York Community Colleges in Albany for his service in the areas of education, health care and civic affairs. He married the former Cathleen Joyce in 1974 and they have three children.