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Tag: leadership changes

  • New leaders take charge as Long Island execs step down in 2025 | Long Island Business News

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    In Brief:
    • Northwell , 1-800-Flowers.com and Nassau University Medical Center named new CEOs in 2025.
    • Leadership transitions were announced at major nonprofits including Long Island Cares and Family Service League.
    • Law firms Rivkin Radler and Certilman Balin Adler & Hyman unveiled new managing partners.
    • Stony Brook University welcomed Andrea Goldsmith as its seventh president.

    Long Island organizations saw a change of the guard in 2025, as veteran leaders announced they were stepping down and seasoned executives began to take the reins. From healthcare to law, , and beyond, new leaders are helping to shape the next chapter of the region’s business landscape. Here’s a look back at some of those notable leadership transitions.

    Michael Dowling and Dr. John D’Angelo. / Credit: Lee Weissman/Northwell Health

    Michael Dowling, who served as president and chief executive of Northwell Health for more than 23 years, became CEO emeritus, focusing on teaching and public health, on Oct. 1. Dr. John D’Angelo, the health system’s former executive vice president, was appointed Northwell’s president and CEO after a nationwide search.

    Dowling called it an “extraordinary privilege” to lead the health system, helping it grow to 28 hospitals and 104,000 staff members. D’Angelo said he was “humbled and honored” to succeed Dowling, and stand “committed to build” on Dowling’s “unparalleled legacy.”

    Jim McCann

    In May, Jim McCann announced he was stepping down as CEO of 1-800-Flowers.com, but would remain active in the company as executive chairman. Adolfo Villagomez–who most recently served as CEO of Progress Residential, a private owner and operator of single-family rental homes across more than 40 U.S. markets–began his role as CEO of 1-800-Flowers.com in May.

    “Adolfo is the first person outside the McCann family to take on this role— something I did not take lightly,” McCann added. “From our very first conversation, I recognized in him not only extraordinary business acumen, but also a deep passion and a genuine commitment to partnership with myself and our leadership team. This is a unique and impactful moment for our company, and I’m proud to enter this next chapter of our journey.” Villagomez said “I cannot wait to hit the ground running with Jim and the leadership team to help grow the business dramatically in the years ahead.”

    Paule Pachter said in June that he was retiring as CEO and president of Long Island Cares – the Harry Chapin Regional Food Bank, headquartered in Hauppauge, after leading the organization for 17 years. Katherine Fritz, the organization’s vice president for development and communication, was named Long Island Cares new president and CEO.

    Courtesy of Long Island Cares, Inc. – The Harry Chapin Regional Food Bank

    Fritz was the “unanimous choice to guide Long Island through the food-insecurity crisis,” according to Long Island Cares. Pachter, now president emeritus, serves in an advisory role, and called his time at the organization “the most rewarding and productive period of my 46-year history of working in the human services sector on Long Island.”

    Karen Boorshtein said in June that she will step down as president and CEO of Family Service League on March 31, 2026, having led the organization for more than 15 years. “It has been a privilege to work alongside such a talented and committed team and to partner with community leaders and stakeholders who believe in the power of support, dignity and opportunity for all,” she said.

    A successor has not yet been announced.

    Evan Krinick and Barry Levy / Courtesy of Rivkin Radler

    New leadership was announced in September at Rivkin Radler, a law firm headquartered in Uniondale, effective Feb. 1. That’s when Barry Levy will lead the firm as its new managing partner. He will succeed Evan Krinick, who, having led the firm since 2013, will remain active at Rivkin Radler, representing clients and participating in management initiatives.

    “It has been a privilege to be the managing partner of this great organization,” Krinick said. “After more than 12 years as managing partner, it is time to hand the reins to another partner.” Levy said he was “truly honored” by his partners’ confidence in his ability to lead the firm forward.” He added that “working under Evan’s leadership over the past 12 years has served as a tremendous blueprint in terms of continuing to grow the firm while maintaining its unique culture.”

    Thomas Stokes was appointed permanent CEO of Nassau University Medical Center in December, effective in January. The veteran healthcare leader — who at the time of the announcement served as chief financial officer of Weill Cornell Medicine and vice president for finance at Cornell University—will run Nassau County’s only public safety-net hospital, which is operated by Nassau Health Care Corporation.

    Board Chair Stuart Rabinowitz said Stokes’ “arrival strengthens a system that has already made important strides—increasing revenue, improving operations and reducing costs,” adding that “there is still work ahead.” Stokes said that serving “the people of Nassau County is deeply meaningful to me, and I’m ready to get to work.”

    Certilman Balin Adler & Hyman, a law firm whose locations include East Meadow and Hauppauge, announced new leadership in December. Partners Brendan DeRiggi and Jaspreet Mayall are now co-managing partners, responsible for overseeing the firm’s growth and operations. Howard Stein, who has served as the firm’s managing partner, is now chair of the firm, focusing on advancing its long-term vision, strategic planning and key client relationships.

    “This is an exciting moment for our firm,” Stein said. “I am honored to assume the role of chair and confident that with Brendan and Jaspreet as co-managing partners, we will continue to drive innovation, deepen client relationships and invest in our people.” DeRiggi said that their “shared vision will help advance the firm’s strategic priorities.”  Mayall said he is “committed to building on our strengths and fostering a mindset of excellence across the firm.”

    Andrea Goldsmith, State University of New York

    Andrea Goldsmith began her tenure on Aug. 1 as Stony Brook University’s seventh president. Goldsmith previously served as dean of engineering and applied science at Princeton University, where she had served as a researcher in engineering, technology company founder and faculty member. Goldsmith holds 38 patents in wireless technology, and served in roles at Stanford University and Caltech. Stony Brook’s previous president, Maurie McInnis, left to lead Yale University.

    SUNY Chancellor John King Jr. said Goldsmith’s “experience as an academic, dean and researcher–as well as an innovator and entrepreneur–will serve our students, faculty, staff, and the campus community well.” Goldsmith called it “an honor to join Stony Brook University–a champion of excellent, affordable education that will launch students into very successful careers and lives as citizens of the world.”


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    Adina Genn

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  • Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery | Fortune

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    Oracle founder and potential TikTok overlord Larry Ellison’s current net worth is estimated at $393 billion, making him the second-richest person in the world in 2025, only behind Elon Musk. His fortune has grown rapidly due to massive gains in Oracle’s stock, driven by the AI boom, and a significant stake in Tesla.

    Ellison pledged to donate 95% of his wealth as part of the Giving Pledge in 2010. Since then, he’s distanced himself from traditional nonprofits and says he’s opting to give away wealth on his own terms. He founded the Ellison Institute of Technology (EIT), a for-profit philanthropic organization at The University of Oxford.

    But Ellison’s EIT has recently been destabilized by leadership changes, according to a report in The New York Times. In 2024, he hired scientist John Bell to head the research. But in August, Ellison announced he had hired former University of Michigan President Santa Ono to “collaborate” with Bell. Just two weeks later, Bell announced his departure from the “very challenging project.”

    The Times reports there are tensions over “how best to commercialize Mr. Ellison’s scientific research, along with persistent questions about how much the institute could trust Mr. Ellison to deliver on his financial commitments.”

    Here’s what we know—and don’t—about Ellison’s plans to give away his fortune eventually.

    Net worth (2025)

    Philanthropy and plans for giving

    Amounts already given and future commitment

    Ellison’s net worth has reached record highs in 2025, and though he has pledged to give away almost all of it, his giving is uniquely structured—focusing on large self-driven projects such as the Ellison Institute, rather than broad public charity.

    For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.

    Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.

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    Ashley Lutz

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  • National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail

    National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail

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    The National Association of Realtors has been under fire for months now and is still reeling from a late October 2023 verdict, when a jury ordered the organization and others to pay nearly $1.8 billion in damages to a class of more than 250,000 home sellers. On Monday, the organization took a fresh hit when president Tracy Kasper announced her resignation, claiming she was being blackmailed with a matter so severe she reported it to law enforcement.

    The threat was to “to disclose a past personal, non-financial matter” unless she compromised her position at NAR, according to a statement from NAR on her resignation. Kasper had only been officially sworn in in late November 2023, although she assumed the role the previous August. Kasper couldn’t be reached for immediate comment about the matter.

    The NAR had been rudderless since a bombshell August 2023 New York Times report revealed that former NAR president Kenny Parcell had been accused of sexual harassment by three women who worked for the Chicago-based group. The women described “a pattern of behavior that included improper touching and lewd photos and texts,” according to the report. Parcell’s resignation prompted Kasper to assume the post a few months ahead of schedule.

    “As president and a long-time member of NAR, I always have put the interests of NAR first,” Kasper said in a statement. “As a result of the recent threat and given the significance of this moment for myself, my family and the organization, it is again time for me to put the interests of NAR first.” 

    She informed NAR’s leadership team of the threat, who said it was “deeply concerned about any attempt to undermine its governance,” and was “taking steps to protect the integrity of the organization,” without elaborating. 

    Who is replacing Tracy Kasper as NAR president?

    Kasper will be immediately replaced by president-elect Kevin Sears, a realtor from Springfield, Mass. and a broker and partner of Sears Real Estate. He specializes in single family brokerage and property management, according to NAR. 

    Sears previously served NAR as the president’s liaison in 2019 and NAR vice president of government affairs in 2017 and is also former president of the Massachusetts Association of Realtors. He is not named in any of the allegations against the NAR leadership accused of sexual harassment. 

    Among other changes at the top of the organization, Nykia Wright was named the group’s interim CEO after Bob Goldberg stepped down in early November 2023 in the wake of the lawsuit regarding realtor commissions. 

    The October verdict involves NAR and the largest national real-estate broker franchisors, including Berkshire Hathaway’s HomeServices, with a jury finding that the organizations had conspired to artificially inflate the home-sale commissions paid to real estate agents. Kasper is also a broker/owner of a Berkshire Hathaway HomeServices office in Boise, Idaho.

    The outcome of this lawsuit could spell continued turbulence for NAR—and for the real estate business at large. 

    “The outcome … could have major consequences for the real estate industry and profession for years to come,“ NAR chief legal officer Katie Johnson said in an October 2023 podcast. “What’s really at stake here is the way that compensation is made from listing broker to buyer broker.”

    [This report has been updated to clarify the timing of Kasper taking the NAR president role, before being fully sworn in, in August 2023.]

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    Sydney Lake

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