leadership
confidence high
sentiment neutral
materiality 0.60
Howard Lutnick steps down as CEO/Chairman; Brandon Lutnick and William Ferri take over
Cantor Fitzgerald Income Trust, Inc.
- Howard Lutnick resigned as CEO, Chairman and Board member effective March 1 after Senate confirmation as 41st US Commerce Secretary.
- Brandon Lutnick, age 27, appointed Board Chairman effective March 5; previously Chairman of Cantor Fitzgerald and CEO of CF Group Management.
- William Ferri, former UBS Asset Management Head of Americas, appointed CEO effective March 5; also Global Head of Cantor Fitzgerald Asset Management.
- Monthly distribution declared: $0.1189 per share across all classes ($1.55 annualized), payable March 6 to holders of record Feb 28.